Singapore-based Aquilius Investment Partners has raised US$1.1bn (€955m) for its second Asia Pacific real estate secondaries strategy.
The fundraising for AIP Secondary Fund II (AIP SF II) was upsized from US$700m to US$750m to accommodate demand from sovereign wealth funds, pension funds, financial institutions and family offices. In aggregate, the firm raised US$1.1bn in capital commitments across its flagship fund and associated vehicles.
AIP SF II, which targets sectors such as logistics, life sciences, data centres, hospitality and living, has already deployed around 50% of its total commitments across eight secondaries transactions.
Bastian Wolff, founding partner at Aquilius, said: “We are actively capitalising on a generational buying opportunity for secondaries in Asia.
“This milestone fundraise is a testament to our strong track record and highlights the continued and growing appetite for Asian real estate secondaries investments among limited partners, as market volatility and the need for liquidity drives deal volume to record highs.”
Christian Keiber, founding partner at Aquilius, said: “The past 12 months marked a record-breaking year for secondaries volume.
“We are committed to being the leading provider of secondaries solutions in the Asia Pacific region — partnering with institutional investors and fund managers to deliver value through creative, efficient and scalable liquidity solutions while delivering compelling returns to our investors.”
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