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M&G Raises £350 Million at First Close of Real Estate Debt Funds

LGPS Central, Prudential With Profits Fund and One of the UK’s Largest Insurers Among Investors
M&G Investments has raised £350 million. (Photo by Jim Dyson/Getty Images)
M&G Investments has raised £350 million. (Photo by Jim Dyson/Getty Images)
CoStar News
March 11, 2024 | 1:43 P.M.

M&G Investments has completed the first close of its most recent real estate debt funds, raising £350 million of capital investment from four clients, including one of the UK's largest insurers.

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