Gcp Announces $2.3 Billion Final Closing Of Logistics Property Fund
07/28/21, 12:36 PM
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GLP Capital Partners (“GCP”) announced today the final closing of its North American logistics real estate fund, GLP Capital Partners IV (the “Fund”). At over $2.3 billion in aggregate capital commitments, the Fund exceeded its $2 billion target and is the largest discretionary closed-end fund focused on North American logistics real estate ever raised. It is also one of the largest first-time discretionary real estate funds in history. The Fund is capitalized by a diverse group of prominent domestic and international institutional investors, including public and corporate pensions, sovereign wealth funds, insurance companies, asset management firms, endowments, and family offices.