Aermont raises €2bn

The London-based asset manager announced the final close of its fourth European real estate vehicle.

Aermont Capital has held a final close of its fourth European real estate fund, Aermont Capital Real Estate Fund IV SCSp (Fund IV) at €2 billion, exceeding its target of €1.6 billion. The Fund will invest in real estate and real estate related opportunities in Europe, under direct asset, corporate and credit situations.

Fund IV was backed by public and private pension plans, sovereign wealth funds and other institutions from Europe, North America, the Middle East and Asia. The Fund’s predecessor, Aermont Capital Real Estate Fund III, raised €1.5 billion in 2016.