LaSalle Investment Management has opened a new real estate fund to investors. Known as LaSalle Global Navigator Fund, the open-end relative value real estate investment vehicle has received initial commitments of $320 million, including $25 million of co-investment capital from JLL.
The fund will be advised by the firm’s indirect investment platform, LaSalle Global Partner Solutions.
“The launch and subsequent momentum of LaSalle Global Navigator reflects increasing demand from investors for access to global investment opportunities across the risk spectrum,” said Catriona Allen, fund manager for LaSalle Global Navigator. “Our experienced global team has hit the ground running, and we are looking forward to further growing the fund and continuing to invest across a range of geographies, managers and underlying asset types.”
The LaSalle Global Navigator Fund will invest across the “four quadrants” of real estate, which include private and public equ
