Banco Popolare raises EUR 750m for Eracle fund

By A staff reporter 2008-12-12T00:00:00

Banca Popolare's Eracle real estate fund has been fully subscribed by Italian and international institutional investors. The fund has raised around EUR 751 mln of equity. Intesa Sanpaolo and Morgan Stanley acted as placement agents. The fund will be managed by Generali Immobiliare Sgr, an Italian asset management firm specialised ...

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