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J.p. Morgan Global Alternatives To Invest Up To $5.3B With Its Fourth European Opportunistic Real Estate Fund

by benzinga.com posted 1month ago 184 views
NEW YORK, Dec. 10, 2018 /PRNewswire/ -- J.P. Morgan Asset Management today announced the final closing of its European Opportunistic Property Fund IV with $1.3 billion in equity capital from a broad range of global international investors providing a total investment capacity of $5.3 billion. The Fund, which was oversubscribed by 47%, is the fourth in a series of European opportunistic real estate closed-end vehicles from J.P. Morgan Global Alternatives, a $135 billion in assets-under-management platform spanning real estate, infrastructure, transportation, hedge funds, private equity, private credit and liquid alternatives.

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