Aermont Capital, an asset management business focused on real estate and real estate–related investment activities, has completed the final closing of its fifth European real estate fund, Aermont Capital Real Estate Fund V.
Fund V received €3.8 billion ($3.7 billion) of equity commitments, reaching its hard cap. The investor mix was composed of some of the most prominent public and private pension plans, sovereign wealth funds and other institutions from Europe, North America, the Middle East and Asia.
Aermont takes a proactive operator-oriented approach, emphasizing large, complex investments that offer long-term value creation opportunities for the associated assets and businesses.
Since its inception in 2007, Aermont has raised €10 billion ($9.9 billion) of aggregate equity commitments for a succession of five funds, including Fund V. Each has been operated subject to essentially the same mandate.
The previous fund in the series, Aermont Capital