Europa raises €750m for Europe

London private equity real estate firm Europa Capital has closed two vehicles giving it €2.5 billion of acquisition firepower to capitalize on 'difficult and volatile credit conditions.'

Europa Capital Partners, the London-based European property fund manager, has attracted €750 million ($1.1 billion) in equity capital commitments for two new funds.

Europa Fund III, which garnered €600 million, is Europa’s third pan-European fund targeting Western and Central Europe. The second vehicle, the Emerging Europe Fund, targeting Eastern Europe has gained €150 million of subscriptions.

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