Global multi-manager ING Real Estate Select said on Monday that its European fund of funds, Eurosiris, has raised EUR 750 mln from investors since launch in 2006. Eurosiris is ING Real Estate's first continental European property fund of funds and was designed to provide investors with balanced exposure to the European property market.
Global multi-manager ING Real Estate Select said on Monday that its European fund of funds, Eurosiris, has raised EUR 750 mln from investors since launch in 2006. Eurosiris is ING Real Estate's first continental European property fund of funds and was designed to provide investors with balanced exposure to the European property market.
Eurosiris invests in a selection of core and core plus property funds seeking 'best of class' funds and managers and targets a total return of at least 8% per year. It has a balanced property sector and geographical region representation.
Following on Eurosiris' launch, ING RE has recently launched one of the first open-ended, balanced, global fund of funds Global Osiris.
ING Real Estate Select is ING Real Estate Investment Management's dedicated multi manager business. Established in 2000 the company now manages EUR 5 bn on behalf of more than a hundred institutional investors.
