Mirabaud Asset Management has raised €150m to invest in real estate projects in France.

The manager said its Mirabaud Grand Paris strategy was backed by large institutional and family office clients across Europe.

Mirabaud Grand Paris invests with tier one real estate developers in France to capture opportunities from the Grand Paris project, a major infrastructure undertaking encompassing 57 sites across the city.

Olivier Seux, the head of real estate at Mirabaud Asset Management, said: “After raising €150m, completing more than ten successful real estate deals and one exit, we are delighted to announce the final closing of the strategy.

“This is a huge achievement for all involved in the strategy and I am looking forward to continuing to build on this success.”

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