InfraRed Capital Partners’ Europe real estate fund has raised £522m, exceeding its £500m target.
InfraRed Active Fund IV has an investment capacity of over £1.2bn. More than 30% of the fund’s capital has been committed to five assets, including office projects in Munich, Paris and Frankfurt.
Investors in the fund include pension plans, foundations, wealth managers and family offices from North America, Europe, the Middle East and Asia.
Andreas Katsaros, InfraRed head of real estate strategy and origination, said: “Reaching deep into a select number of fundamentally strong markets, unearthing high quality opportunities, working with our tenants and creating highly desirable core assets with long-term purpose has been the mainstay of our investment approach.
“We are excited about the new projects we are expecting to add to the portfolio soon.”
Atlantic-Pacific Capital acted as global placement agent for InfraRed.
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