Gramercy Europe launches fourth industrial fund after completing MBO

Alistair Calvert of Gramercy Europe

Gramercy Europe is set to launch a fourth logistics and industrial fund, targeting the raising of €400m (£352.5m) of equity.

The move follows the completion of the management buyout of the firm from US private equity giant Blackstone, which bought Gramercy’s US parent company, Gramercy Property Trust, earlier this month.

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