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GLP Exceeds Target with a €1.6 Billion Equity Raise for GLP Europe Income Partners II

2021-01-15T09:30:00

Firm has added approximately $16 billion of AUM to its logistics strategies over the last 12 months

Subsequent to its first closing announcement on 29 September, GLP announced today that it has raised an additional ~€500 million for its pan-European logistics fund, GLP Europe Income Partners II (“GLP EIP II”). The additional capital brings the total equity commitments to approximately €1.6 billion (~US$2 billion), exceeding its original target, and enabling the fund to reach €3.2 billion (~US$3.9 billion) assets under management (AUM) once fully deployed. The additional equity was raised from institutional investment partners across Europe, the Middle East and Asia.

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