BC Partners European Real Estate I halfway to fundraising target

BC Partners European Real Estate I, a fund targeting real estate assets in major European cities such as London, Paris, Berlin and Madrid, has raised €350.54 million ($412 million) from 27 investors, according to a recent SEC filing.

BC Partners European Real Estate I is targeting €700 million ($823 million). This is BC Partners’ first European real estate fund, according to Reuters, which first reported on the fund’s launch in October 2019.

BC Partners is an alternative investment manager focused on private equity, credit, and real estate, with deep networks across Europe and North America. The firm has a Pan-European and multi-asset-class approach to real estate, focused on the deepest markets, such as France, Germany and the United Kingdom.

Assets of int