Alpha Real Capital (Alpha), a specialist manager of long income real assets, has launched the European Long Income Fund (ELIF), which will target Euro denominated, asset backed, secure inflation-linked income streams by investing in commercial ground rents, amortising income strips and long lease property (eg sale and leasebacks).
Launches & Fundraising
ECHO Partners has held the final closing of its first fund, ECHO Fund SCSp with approximately EUR152 million in capital commitments.
M7 Structura, a new European-focused venture capital firm dedicated to real estate technology, has launched its first fund, which will invest in revenue-generating PropTech companies at the institutional seed investment to Series A fundraising stage.
CBRE Global Investment Partners (CBRE GIP) and Palmer Capital Partners have launched the latest fund in their programmatic venture series targeting value add and opportunistic real estate transactions in the UK.
Principal Real Estate Europe (Principal), the European real estate investment arm of Principal Global Investors, has launched its first dedicated long income focused European real estate fund (the Fund).
Greystar Real Estate Partners (Greystar), on behalf of its affiliates, has held the final close of Greystar Equity Partners X (GEP X) with aggregate equity commitments of USD2 billion from a diverse group of global institutional investors from North America, Continental Europe and Asia-Pacific.
Swiss Life Asset Managers has launched an open-ended mutual property fund Swiss Life REF (DE) European Living under German law via Swiss Life Kapitalverwaltungsgesellschaft (Swiss Life KVG).
Weinberg Capital Partners (WCP) has raised EUR110 million for the first close of its value-added real estate fund, WREP#3, with French and International institutional investors and is now aiming for a final close at EUR250 million.
Swiss Life Asset Managers has launched the European Thematic Income & Growth Fund, a Luxembourg SICAV structure with a diversified core/core-plus portfolio strategy, which focuses on macro allocation and micro asset selection – as well as nimble asset management – to benefit from opportunities in the rapidly-evolving market environment for real estate.
JP Morgan Asset Management has held the final closing of its Lynstone Special Situations Fund (Lynstone), with USD1.06 billion in capital raised from a broad set of global investors comprising of pension funds, insurance companies, banks, foundations, endowments and family offices across the Americas, Europe, the Middle East and Asia.