Orion Capital has completed the €1.5bn close of its fifth European real estate fund.
The Orion European Real Estate Fund V will continue the same strategy as the previous funds, investing in real estate assets, loans, portfolios or real estate companies across Europe.
Aref Lahham, chief executive of Orion, said: “We are excited by the opportunities being generated by current political uncertainty across Europe.”
The company also announced that Rami Badr, who joined Orion 15 years ago, will become a partner alongside its founders, Lahham, Van Stults and Bruce Bossom. It is looking to expand its senior team over time.
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