A string of boutique fund managers is gearing up for a new round of capital raising, alongside the large private equity players like Blackstone and investment managers such as AEW Europe, Henderson Global Investors and Aberdeen. According to well-informed market sources, Orion Capital Managers has begun marketing of its fourth opportunistic fund which is aimed at raising as much as EUR 1.3 bn in equity. The fundraising target is similar to that of Orion's previous fund, Orion European Real Estate Fund III, which attracted EUR 1.3 bn in 2009 and is now believed to be nearly fully invested.
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