GLP Capital Partners raise $1.5bn

The investment firm announced a final close for its self-storage fund.

Fund Name: GCP SecureSpace Property Partners
Amount raised: $1.5 billion
Stage of fundraising: Final close
Final close: November 2022

GLP Capital Partners has announced a final close for GCP SecureSpace Property Partners. The fund was oversubscribed at its hard-cap at $1.5 billion, thus making it the the largest self-storage vehicle ever raised.

The value-add fund will invest into the logistics sector. Investors include public and corporate pensions, asset management firms, family offices and insurance companies.

GLP Capital Partners is a registered investment adviser that targets opportunities in logistics real estate, self-storage and related technologies.