Patron Capital has raised €844 million ($1.04 billion) for its Fund VI.
Fund VI will continue the same investment strategy as Patron’s previous funds, opportunistically targeting distressed and undervalued investments, directly or indirectly related to property, across Western Europe. The fund will invest in individual properties across a range of sectors, as well as in property-backed corporate investments and credit opportunities. In recent weeks, Fund VI has already completed several investments and is in the final stages of closing on several others, using approximately 25 percent of the fund’s investment capacity.
