GreenOak Real Estate European Investment’s €911 Million Fundraising

Goodwin advised GreenOak Real Estate LP on the transaction

GreenOak Real Estate LP has reached the final close of its second European Fund, GreenOak Europe Fund II, totaling €656 million of equity commitments and exceeding its target of €500 million. The Euro-denominated GreenOak Europe Fund II (“Fund II”) is fully discretionary and has the ability to acquire assets in Western European countries including Spain, Italy, France Holland, UK, Germany, Portugal and Ireland.

The fund comprises institutional investors from North America, Europe, Asia and the Middle East, representing large corporate and government pension funds, endowments, foundations, and institutionally-managed family offices. In addition to Fund II’s raised €656 million of capital, GreenOak has invested or committed a further €185 million of Fund LP co-investment capital and has an additional €70 million of committed discretionary Fund LP co-investment capital to deploy into this strategy.

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. Founded in 2010, GreenOak operates a highly-focused global investment platform and pursues independent, discrete strategies in the United States, Europe and Asia.

The Goodwin team was led by partners Greg Barclay (Picture) and David Evans, associates Bhargavi Mudakavi, Alan Skerritt and Niall Dick and partner Ben Eaton, with invaluable assistance from counsel Glynn Barwick, partners Mark Kirshenbaum and Marie-Laure Bruneel, associate Katie Leah, partners John Ferguson and Paul Lyons, counsel Colin Baker and partners Scott Webster and James Mattus.

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

Law Firms: Goodwin Procter;

Clients: GreenOak Real Estate Advisors;