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Clearbell closes third UK value add fund

Clearbell Capital, the private equity real estate fund manager, has announced the final close on its third value add fund, Clearbell Property Partners III (CPP III) having raised £310m and said it had already committed to four investments totalling £111m.
CoStar News
June 15, 2018 | 1:34 P.M.

Clearbell said the investor base was from the US, Australia, Europe, Middle East and South America. 83% of commitments were received from Clearbell’s existing investors, as well as 17% from new investors, including pension funds, not for profit organisations and high net worths.

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News | Clearbell closes third UK value add fund