Activum Raises $325M For Real Estate Fund

Law360, New York (September 19, 2011, 4:31 PM EDT) -- Activum SG Capital Management Ltd. has exceeded its expectations and secured roughly €238 million ($325 million) from investors for its latest real estate fund, placement agent Atlantic-Pacific Capital Inc. announced Monday.

Atlantic-Pacific said that it closed Activum SG Fund II LP, which is dedicated to stressed and distressed real estate assets in Germany, after hurtling past the €200 million target in one of the largest fundraisers of its kind this year.

“The fund … blew through its €200 million target in eight months of fundraising with...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.