French fund manager Stam Europe is seeking to raise EUR 400 mln of equity for its fourth European value-added fund, which is expected to hold its first close in the first quarter of 2012.
French fund manager Stam Europe is seeking to raise EUR 400 mln of equity for its fourth European value-added fund, which is expected to hold its first close in the first quarter of 2012.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.