Henderson Park closes debut fund with €1.97bn
Henderson Park has closed its first fund, Henderson Park Real Estate Fund I, after raising €1.97 billion. The fund exceeded its equity fundraising target of €850 million.
The manager has also secured an additional €670 million of co-investment capital which has been deployed alongside the fund in order to build a €4.8 billion pan-European portfolio. The fund attracted a diversified investor base, including pension funds, insurance companies, sovereign wealth funds, endowments, family offices and high-net-worth individuals from around the world. It was seeded with a €450 million cornerstone commitment from Stone Point Capital, Kuwait Investment Authority and Wafra Investment Advisory Group.
Henderson Park has said that it will use the vehicle to make equity commitments of between €45 million and €135 million per deal into value-add and opportunistic real estate investments across Europe. The manager will target highly liquid gateway and capital cities in t