Arizona Public Safety Personnel slates €150m for Henderson Park Real Estate Fund II

The Arizona Public Safety Personnel Retirement System has committed €150 million ($174 million) to Henderson Park Real Estate Fund II (HPREF II), according to a recent investment document.

U.K.-based Henderson Park opened the value-add/opportunistic fund to investors in June with a €3 billion ($3.5 billion) fundraising target. The diversified vehicle will invest in various property types in Europe.

The previous fund in the series, HPREF I, closed in 2019 with $2.2 billion in capital commitments. The fund focused primarily on hotel, office, industrial and student housing properties, as well as multifamily assets across Europe.