FOLKSAM AND ABERDEEN STANDARD INVESTMENTS LAUNCH NEW €300M FUND
The Folksam Group, one of the largest insurance companies in Sweden, and Aberdeen Standard Investments today announced the launch and first close of AIPP Folksam Europe II, a real estate fund of funds open only for investors from the Folksam Group.The intention is to invest €300m in European real estate over the next three to four years with an initial commitment of €100m. Investments will mainly be in non-listed funds but may include joint ventures and co-investments. Folksam is a longstanding client of Aberdeen Standard Investments’ Real Estate Multi-Manager business. The launch of