Kempen plans to achieve €100m in assets under management by the year-end. :
Kempen Capital Management’s (KCM) new private markets fund, which aims to reach €100m by the end of the year, has raised 30% of its target at first close. Kempen Private Markets Fund, a sub-fund of Kempen Alternative Markets Fund, will have a fund-of-fund structure but will co-invest in certain investments. The newly launched open-ended fund plans to invest through fund managers in unlisted private equity, infrastructure, land and real estate. The co-investments will focus mainly on private equity and infrastructure deals, the specialist asset manager said.