Aberdeen raises EUR 121m for new fund of funds

Aberdeen Property Investors has raised EUR 121 mln in the first closing of its new closed-ended European fund of funds. The launch of Aberdeen Indirect Property Partners II (AIPP II) comes two years after Aberdeen's first fund of property funds, AIPP, with commitments of EUR 623 mln. AIPP was the first of its kind in Europe. Both funds are managed by Aberdeen Property Investors Indirect Investment Management (API IIM).

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