Return to search

IGIS Asset raises $423.3m

The Seoul-based asset management firm closes its second income and growth fund.

IGIS Asset Management has held a final close on IGIS Income & Growth Professional Investors Private Placement Real Estate Feeder Fund No.2 at 500 billion Korean won ($423.3 million, €379.8 million).

The core-plus vehicle will invest in office, hospitality, retail, logistics, multi-purpose properties in South Korea.

IGIS managed $22.1 billion of assets as of 30 April 2019.