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Slate Asset Management raises €250m

The Toronto-based asset manager closes its third Europe-focused fund above its target.

  • Fund name: Slate European Real Estate Fund III
  • Amount raised: €250 million
  • Target size: €200 million
  • Stage of fundraising: Final close
  • Final close date: April 2020

Slate Asset Management held a final closing of Slate European Real Estate Fund III at €250 million ($269.29 million), exceeding its €200 million ($215.44 million) target. Capital raised by the vehicle will be used to invest in value-add grocery properties throughout Western Europe.