Orion Capital Managers has successfully completed the capital raising for its Orion European Real Estate Fund V, with the fund being oversubscribed resulting in a total of €1.5bn of investor equity commitments. Orion again enjoyed the support of many long term investors with the initial Fund V closing in late December 2016 and the final close completed in March 2017.
Orion Fund V continues the strategies of prior Orion funds investing in a wide range of assets across Europe, as the firm was a major seller in 2014 and 2015.
Commenting on the market, Aref Lahham - Chief Executive, said: “We are excited by the opportunities being generated by current political uncertainty across Europe.”
While Orion’s three Founding Partners - Aref Lahham, Van Stults and Bruce Bossom - all remain totally committed and active in the business, Rami Badr, who joined Orion 15 years ago is becoming an additional partner and member of the firm’s Investment Committee. Orion intends to bring on other senior team members as partners over time.
