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.