BGO announces €2b fundraise for fourth European value-added strategy

BGO has raised €2 billion ($2.2 billion) for its European investment program through its fourth European Value-Add Strategy.

With the firm’s announcement, the Value-Add Fund has raised a total of €1.463 ($1.6 billion) in commitments and €520 million ($578 million) through co-investment opportunities in high-quality industrial and data center platforms in Europe.

This is the fourth fund in BGO’s European Value-Add strategy, which has invested more than €4 billion ($4.5 billion) since 2014.

“BGO’s European Value Add series has now successfully navigated multiple cycles over more than a decade, with Fund IV being our largest raise yet and well positioned to take advantage of this current cycle,” said John Carrafiell, co-CEO, BGO. “Building vertically integrated capabilities across multiple countries and having the skills to invest in leading operating companies and platforms, like data center company Bulk Infrastructure and developer and contrac