Australian developer and fund manager Hale Capital Partners has secured A$750 million ($527 million) in equity commitments for the second vintage of its logistics investment platform, reported Mingtiandi.
Returning investors Warburg Pincus and Oxford Properties anchored the fundraising, with capital to be deployed through two vehicles, HCLF2 and HCILF2, targeting supply constrained infill logistics markets across Australia. HCLF2 will focus on opportunistic development of modern logistics and last-mile facilities in dense urban locations, while HCILF2 will pursue value-add and core-plus strategies in income-producing assets and repositioning opportunities.
Founded in 2021 by Robert McMickan and Nicholas Bradley, Hale Capital Partners manages A$3.3 billion in assets on behalf of institutional investors. The commitments were provided by