UK private equity group Future Capital Partners has raised a total of £65 mln (EUR 72 mln) from 38 clients for a new luxury real estate project in Montenegro. According to news website Portfolio Adviser, the £6 bn alternative investment boutique has temporarily closed its fundraising for the £150 mln development in Budva, Montenegro and is expected to resume it at the end of November.
Legal & General Investment Management’s (LGIM’s) managed fund has acquired Tesco Yarrow Road Poole from clients of abrdn for £46.1 mln (€54 mln).
