Fundraising - MARCH 15, 2018

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Clarion Partners raises $146m for debt investment fund

by Jody Barhanovich

Clarion Partners, a real estate investment management firm, has raised $145.9 million for its latest debt investment fund, according to a filing with the SEC. The firm did not comment on its fundraising efforts.

The fund, Clarion Partners Debt Investment Fund, makes mezzanine and special opportunity debt investments in U.S. properties. The firm makes investments in high-quality office, retail, industrial, multifamily residential and hotel properties.

Clarion is seeking to raise $500 million for the fund, according to the filing.

In other recent news, Clarion Partners and Taconic Investment Partners, an owner, operator and developer of commercial and residential real estate, have formed a venture that will pursue the acquisition and renovation of affordable-housing properties in New York City.

Clarion Partners has more than $44.7 billion in total assets under management.

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.