InfraRed’s latest European real estate fund exceeds target close with £522m

InfraRed Capital Partners, a global real estate and infrastructure investment manager, has reached the final closing of its latest real estate fund, InfraRed Active Fund IV (Active Fund IV) with total equity commitments of £522 million ($690 million), exceeding its £500 million ($657 million) target.

With the associated leverage envisaged for its strategy, Active Fund IV has an investment capacity of over £1.2 billion ($1.57 billion). The fund continues InfraRed’s strategy of focusing on intensively managed, high value-add opportunities in core markets, primarily in Germany, France and the United Kingdom. InfraRed has already committed more than 30 percent of the fund’s capital to five assets, including office projects in Munich, Paris and Frankfurt.

Investors across the globe have committed to Active Fund IV, including pension plans, foundations, wealth managers and family offices from North America, Europe, the Middle East and Asia.