Charter Hall Group's (Charter Hall or the Group) flagship USD5.8 billion Charter Hall Prime Industrial Fund (CPIF or Fund) has closed its capital raising significantly oversubscribed, having raised USD2.6 billion since April 2020 in two separate fundraisings.
Launches & Fundraising
Round Hill Ventures (RHV), has held the first close of a dedicated European PropTech Fund set to invest EUR200 million in late seed, Series B high growth ventures delivering innovation across the Built Environment.
Breakthrough Properties (Breakthrough), a joint venture formed in 2019 by Tishman Speyer and Bellco Capital (Bellco), has completed the initial closings of the Breakthrough Life Science Property Fund.
Palmira Capital Partners (Palmira), a specialist in European logistics and industrial properties, has launched the “Palmira European Core Logistics Fund”.
Jadian Capital, an alternative investment firm with a broad mandate to uncover opportunities related to real estate, has closed its first fund, Jadian Real Estate Fund I (JREF I) with over USD650 million of commitments, significantly exceeding its initial target of USD400 million.
Invesco Real Estate (Invesco), a global real estate investment manager, has launched the Invesco Real Estate European Living Fund, an open-ended fund investing in pan-European residential assets.
INVL Asset Management (INVL), an asset management companies for the Baltic Sea region, has launched INVL Sustainable Timberland and Farmland Fund II. These funds will look to target investments into both sustainably managed forests and agricultural farmland in the Baltic Sea region, as well as the neighbouring countries of Central and Eastern Europe more broadly.
Chicago-based middle market private equity firm CIVC Partners has held the closing of CIVC Partners Fund VI (Fund VI), with USD525 million of commitments from limited partners, surpassing the target of USD450 million and original hard cap.
RM Funds, a specialist asset manager focusing on alternative investments, has launched the VT RM Global Real Opportunities Fund (VT RMGRO).
Jet Investment is opening a new fund, Jet Industrial Lease, which will focus on real estate investments.