Activum closes Fund III

Activum SG Fund III has closed oversubscribed with $524 million of capital commitments. Atlantic-Pacific Capital served as the exclusive global placement agent for Fund III as well as for Activum’s prior fund. Activum is a European fund manager that invests in niche opportunities in real estate-related sectors.

PRESS RELEASE

Atlantic-Pacific Capital, the largest privately-owned global placement agent and advisory firm, is pleased to announce the final closing of oversubscribed Activum SG Fund III, L.P. (the “Fund” or “Fund III”) with €380/$524 million of capital commitments. The Fund’s hard cap was reached after approximately six months of fundraising. Fund III’s investors include a diverse group of institutional investors from various geographies around the world. Atlantic-Pacific Capital served as the exclusive global placement agent for Fund III as well as for Activum’s prior fund.

Activum is a European fund manager that invests in niche opportunities in real estate-related sectors. It does so by identifying high quality, undervalued assets that the team enhances through hands-on management, and exits investments when it can deliver a portfolio of stable assets at the right time and for the optimum price in order to generate exceptional returns for its investors. Activum is led by industry veteran Saul Goldstein who founded the firm in 2007 after a successful career at Cerberus Capital Management.

James Weidner, a Partner at Atlantic-Pacific, said, “Limited partners appreciate Activum’s integrated platform that actively involves the entire team in identifying and making investments.” Tanguy Cotton, Managing Partner at Atlantic-Pacific, added, “The firm’s emphasis on a hands-on, face-to-face relationship approach with tenants, partners and investors has proven to be a successful formula for generating attractive risk-adjusted returns. We congratulate the Activum team on another successful capital raising campaign.”

Saul Goldstein, Activum Founder and Managing Partner, said, “Similar to our last fundraise, the team at Atlantic-Pacific did a terrific job efficiently marketing our offering and keeping Activum in front of prospective investors between fund raises. Raising capital rapidly benefits our investors as we continue to execute on compelling market dynamics.”

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