GreenOak Europe Secured Lending Fund’s €600 million Fundraising


Goodwin advised on the transaction

GreenOak Real Estate finalized the closing of GreenOak Europe Secured Lending Fund at €600 million, in excess of its target raise of €500 million. The fund provides loans ranging in size between €5 million and €100 million, with the capacity to go higher. The fund is already 60 percent deployed across 12 loans secured by 60 properties in Germany, the Netherlands and Ireland.

This announcement follows the closing of GreenOak’s second lending fund focusing on commercial property in the United Kingdom, the GreenOak UK Secured Lending Fund II, with £625 million raised, in July 2017. Altogether Goodwin has advised GreenOak in raising a total of €1.6 billion of discretionary capital for lending in the United Kingdom, Ireland and mainland Europe.

GreenOak Real Estate is an independent, partner-owned, real estate-focused principal investing and lending firm that seeks to provide strategic advice and create long-term value for its clients and investors.

The Goodwin team was led by partners Gregory Barclay (Picture) and Ben Eaton and associate Bhargavi Mudakavi and included partners David Evans, John Ferguson, Mark Kirshenbaum and Scott Webster; counsel Glynn Barwick; and associates Niall Dick and Katie Leah. Partner Paul Lyons and counsel Colin Baker also advised on finance-related matters.

Involved fees earner: Gregory Barclay – Goodwin Procter; Bhargavi Mudakavi – Goodwin Procter; John Ferguson – Goodwin Procter; Glynn Barwick – Goodwin Procter; Niall Dick – Goodwin Procter; Ben Eaton – Goodwin Procter; Mark Kirshenbaum – Goodwin Procter; Katie Leah – Goodwin Procter; Paul Lyons – Goodwin Procter; Colin Baker – Goodwin Procter; David Evans – Goodwin Procter; Scott Webster – Goodwin Procter;

Law Firms: Goodwin Procter;

Clients: GreenOak Real Estate Advisors;