LONDON—Atlantic-Pacific Capital says it hascompleted the final closing of InfraRed Active Real EstateFund III with total equity commitments of $760million (£475M). The fund exceeded its £400 million targetand was oversubscribed at final closing.

InfraRed Capital Partners, a leading global investment managerfocused on infrastructure and real estate, established the InfraRedActive fund to continue its value-add strategy focused on shoppingcenter, industrial and office markets in the UK,Germany and France. The fund receivedtremendous support from a range of institutional investors inEurope, North America, Asia, Australia, and theMiddle East.

“With Atlantic-Pacific's high-quality introductions andexpertise in positioning, messaging and follow-up, we not onlyreached our target but we were also able to prioritize LPs that addvalue to the InfraRed platform,” said AndreasKatsaros, InfraRed's head of strategy & originationfor European real estate. “Apart from these tangible results, it isoften the intangible aspects that can make the difference in a fundraising campaign - I compliment APC for its high level ofprofessionalism, great team work and sense of humor that made thisproject not only a success but also great fun.”