London-based Patron Capital raises €860m ($927m) for its 7th European property fund targeting distressed assets.
London-based private equity firm Patron Capital has raised €860m ($927m) for its seventh European property fund, seeking to exploit distressed assets from the continent's real estate crisis. Most of the investments will target smaller deals, while a €200m pool is set aside for bigger bets. About 75% of the funds were raised from Patron's existing investor base, with North American institutions being the largest contributors.
May 13, 2024
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