Cain International’s €324 Million Closing of EREO I

Ogier, working alongside Allen & Overy, advised investment firm Cain International on the final closing of its European Real Estate Opportunity Fund I (EREO I), which secured €324 million despite challenging circumstances for investors.
The fund, which availed itself of the Jersey Private Fund regime, raised investment commitments from Goldman Sachs’ Vintage Funds, US-based Security Benefit Life Insurance Company, Cain’s founding partners and members of its senior management team.

Some 70% of EREO 1’s capital has been deployed across several European gateway cities, including Dublin, Paris and Madrid. Its remaining capital will be used to target opportunities in the residential sector in markets where Cain has an established investment track record.

Cain International is a privately held real estate investment firm operating in Europe and the United States. 

The Ogier team comprised of Sophie Reguengo (Picture) and associate Brooke Lewis.

 
Involved fees earner: Brooke Lewis – Ogier LLP; Sophie Reguengo – Ogier LLP; Law Firms: Ogier LLP; Clients: Cain International;

Author: Giulia Di Palma