MGPA raises $5.2 billion for real estate fund
The latest fund will be invested in Europe and Asia, with $3.9 billion of the total earmarked for Asia. Singapore has so far received the bulk of the investments already committed to the region.
Private equity real estate investment advisory company MGPA has closed its latest fund with $5.2 billion in commitments.The MGPA Fund III consists of two regionally based private equity real estate portfolios: the MGPA Asia Fund III and the MGPA Europe Fund III, which will invest in the regions they are named after.Combined, the funds received commitments from more than 65 investors, including a substantial level of new money from existing investors based throughout North America, Aus…
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