Real estate investment firm and fund manager Citymark Capital has successfully reached the fundraising target of USD150 million for its second fund, Citymark Capital US Apartment Fund II (Fund II).
Launches & Fundraising
PeerStreet, a platform for investing in real estate backed loans, is launching a new fund strategy that will expand the ways investors can access real estate investments via its platform, providing them with more options to diversify, expand, and customise their real estate debt portfolios.
Tokoro Capital, a real estate investment manager launched by former Brockton Capital executives, Sanjay Sethi and Max Bassadone, has closed its first Fund, TKO-I LP with EUR100 million in capital commitments.
Saffery Champness Fund Services Limited has advised True North Real Estate Partners (TNREP) on the creation and launch of its first fund, focusing on positive environmental impact through re-forestation.
Foresight Capital Management (FCM), part of Foresight Group, has launched the FP Foresight Sustainable Real Estate Securities Fund.
Fairway Capital, investment advisor to the Fairway Capital Property Fund (“the Fund”), has secured a debt facility with Investec alongside cornerstone investor, Catalyst Capital.
Carey Olsen's investment funds team in Guernsey has acted as lead counsel to True North Real Estate Partners (True North) on the launch of its first fund, the Forestry Carbon Sequestration Fund.
AXA Investment Managers - Real Assets (AXA IM - Real Assets) has held the final close of its second comingled European infrastructure debt fund, European Infrastructure Senior (Floating) 2 (EIS 2), which has raised a total of cEUR1.05 billion, exceeding its original target.
Castleforge Partners, a UK-based real estate fund manager, has held the final close of its third value-add commercial real estate fund at over GBP270 million.
PfP Capital, a fund management business established by Places for People, has secured investments from two major UK pension funds as part of its fund-raising target of GBP160 million for its affordable housing-focused Fund.