Elion Partners launches $750m second industrial fund
Elion Partners has launched Elion Industrial Fund II, according to data from IREI.Q, Institutional Real Estate, Inc.’s real estate fund database.
The new fund has a $750 million fundraising goal. The value-added strategy fund is focused on U.S. last-mile logistics real estate, targeting core, urban logistics hubs near large population centers in infill coastal markets.
Recently, the firm completed a $500 million fundraise of its latest value-added fund, Elion Real Estate Fund V, closing at its hard cap in August 2021. It is the firm’s first institutional industrial fund.
For more fund information, click here for IREI.Q.