Invesco Real Estate, a global real estate investment manager, has raised $1.2 billion for its Invesco Commercial Mortgage Income Fund. The firm did not comment on its fundraising efforts.
Once fully fundraised, Invesco Commercial Mortgage Income Fund, which launched in second quarter 2017, will invest in debt secured by U.S. properties. The fund has received multiple commitments from investors, including $50 million from the $15.4 billion Employees’ Retirement System of the State of Hawaii, in June.
In additional fundraising news, Invesco held a final close for its European Value-Add Fund in late September, having raised a total of €327 million ($384 million) of equity. With leverage, the fund is positioned to create a portfolio of up to €800 million ($939 million).
The firm also
