IAM's GPM closes pooled real estate fund at $135 mln
Integrated Asset Management Corp (TSX: IAM) and its real estate asset management arm, GPM Investment Management, have closed their 13th pooled real estate fund, GPM (13), raising $135 million in total. GPM (13) is a discretionary fund focused primarily on industrial properties, along with select retail and office opportunities, in Toronto, Ottawa, Edmonton, Calgary, Vancouver, Montréal and Halifax. The Toronto-based IAM has approximately $2 billion in assets and committed capital under management in private debt, real estate, private equity and managed futures.
10 June 2014•2 mins read
