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Participant Capital to launch €500m US development fund

Florida-headquartered investment and development firm Participant Capital Advisors plans to launch a US-focused diversified real estate development fund targeted toward European investors as it aims to grow its international fundraising capability.

The open-ended fund, whose name has not been publicly disclosed, will invest in development projects across a range of asset classes within the Sunbelt region. It will have a fundraising target between...

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