Aermont raises €3.8bn for fifth European real estate fund

Aermont raises €3.8bn for fifth European real estate fund

Aermont Capital has announced the final closing of its fifth European real estate fund, Aermont Capital Real Estate Fund V SCSp, held in late July 2022.

Fund V has total equity commitments of €3.8 billion, hitting its hard‐cap. A first closing held in late March 2022 exceeded the formal target of €3.0 billion.

Investors in Fund V include some of the most prominent public and private pension plans, sovereign wealth funds and other institutions from Europe, North America, the Middle East and Asia.

”Since its inception in 2007, Aermont has raised €10 billion in aggregate equity commitments for a succession of five funds (including Fund V). Each has been operated subject to essentially the same mandate,” said Aermont in a press release.

Aermont is an independent asset management business focused on real estate and real estate related investment activities.