Mirabaud Grand Paris strategy secures €150m

Mirabaud Asset Management has raised €150 million ($158 million) for its Mirabaud Grand Paris strategy from large institutional and family office clients across Europe.

Mirabaud Grand Paris is a private equity strategy investing with tier-one real estate developers in France to capture opportunities from the Grand Paris project, the largest transport and urban development project in Europe.

By combining private equity with real estate, Mirabaud Asset Management said the strategy represents a unique opportunity for investors, allowing them to provide equity financing to real estate projects directly alongside developers. The Mirabaud Grand Paris strategy is categorized as article 9 of the Sustainable Finance Disclosure Regulation (SFDR).

“After raising €150 million, completing more than 10 successful real estate deals and one exit, we are delighted to announce the final closing of the strategy,” said Olivier Seux, head of real estate at Mirabaud Asset Man