LONDON—Atlantic-Pacific Capital says it has completed the final closing of InfraRed Active Real Estate Fund III with total equity commitments of $760 million (£475M). The fund exceeded its £400 million target and was oversubscribed at final closing.
InfraRed Capital Partners, a leading global investment manager focused on infrastructure and real estate, established the InfraRed Active fund to continue its value-add strategy focused on shopping center, industrial and office markets in the UK, Germany and France. The fund received tremendous support from a range of institutional investors in Europe, North America, Asia, Australia, and the Middle East.
“With Atlantic-Pacific's high-quality introductions and expertise in positioning, messaging and follow-up, we not only reached our target but we were also able to prioritize LPs that add value to the InfraRed platform,” said Andreas Katsaros, InfraRed's head of strategy & origination for European real estate. “Apart from these tangible results, it is often the intangible aspects that can make the difference in a fund raising campaign - I compliment APC for its high level of professionalism, great team work and sense of humor that made this project not only a success but also great fun.”
Tanguy Cotton, managing partner at Atlantic-Pacific Capital added: “InfraRed is one of the premiere private equity real estate groups in the market, and we were very pleased to partner with them and further diversify their investor base with a group high-quality US and European LPs. Atlantic-Pacific congratulates everyone at InfraRed on a successful fundraise and looks forward to continuing the relationship our firms have enjoyed.”
Atlantic-Pacific Capital is the largest privately-owned global placement agent and advisory firm dedicated to raising capital for alternative investments. Since its founding in 1995, the firm has executed more than 80 capital raising assignments aggregating over $60 billion for an extraordinary group of alternative asset managers.
InfraRed is a leading global investment manager focused on infrastructure and real estate. It operates worldwide from offices in London, Hong Kong, New York, Paris and Sydney.
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