U.S. privately owned financial services firm Perella Weinberg Partners is raising €1.2 billion for its second European real estate (RE) fund, PropertyEU reports. The fund is scheduled to hold its first close in March.
The vehicle, which will feature the Government Investment Corp. of Singapore (GIC) among its major investors, will invest in both real estate equity and debt. It will be similar to the company’s first fund in terms of size and investment strategy.
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