Two managers launch megafunds, another closes
Swiss Life Asset Managers and Brunswick Real Estate have both launched funds with a €1 billion fundraising target.
Swiss Life Asset Managers is targeting €1 billion in equity commitments for its new European industrial and logistics fund, which will focus primarily on assets in Germany and France, but also will broaden its scope to other parts of Europe, such as the UK, Switzerland and the Benelux region. The manager is aiming for the fund’s portfolio to be divided equally between the logistics and industrial sectors.
Brunswick Real Estate is marketing its third senior debt fund, which is focused on lending to commercial property with clear sustainability goals. Known as Brunswick Real Estate Capital III (BREC III), the fund launched with SEK 12 billion (€1.2 billion) in commitments from investors. Brunswick said the investor base includes some of the largest Nordic institutional investors, som