GLP exceeds target with a €1.6b equity raise for new European fund

Global investment manager GLP has raised an additional €500 mln for its new European logistics fund, GLP Europe Income Partners II (GLP EIP II). The fund, which carried out a first closing in September last year, has secured total equity commitments of €1.6 bn, exceeding its original target of €1.25 bn, and enabling it to reach €3.2 bn of assets under management (AUM) once fully deployed.

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