Industriens and Lægernes anchor €200m first close for Urban Partners credit fund
The fund drops its predecessor's mezzanine sleeve and lends senior only, across Sweden, Denmark, Finland and Germany.
Urban Partners held a €200m first close on Urban Partners Credit II on 18 August, backed by the Danish pension funds Industriens Pension and Lægernes Pension. The fund writes senior secured whole loans against residential, logistics and social infrastructure in Sweden, Denmark, Finland and Germany. Neither the target size nor the individual commitments were disclosed.
The strategy is narrower than…
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