GI Partners, a private investment firm with a long history of investing in technology and science real estate, announced the has concluded the initial fundraising period for the firm’s newest vehicle, the GI Real Estate Essential Tech + Science Fund (GI Partners ETS Fund LP – the ETS Fund).
The initial fundraise period for the firm’s first commingled real estate fund surpassed expectations, exceeding the hard cap with total commitments reaching USD1.45 billion and representing one of the largest initial raises for an open end real estate fund in recent years.
The ETS Fund’s diverse investor base includes public pensions, corporate pensions, financial institutions, and investment management firms from the United States, Canada, and Europe.