Urban Partners secures €136m first close for fourth Velo Capital fund

Velo Capital_press photo

Urban Partners has raised €136m (£117m) in the first closing of a Northern European fund for its alternative credit adviser Velo Capital.

The closed-ended Velo Mezzanine Credit (VMC) fund is targeting 10% net return on developments and existing assets across the region, including in Germany and the Nordics.

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