Launch of 360 Capital Private Equity Fund
| Stock | 360 Capital Group (TGP.ASX) |
|---|---|
| Release Time | 24 Oct 2025, 6:55 p.m. |
| Price Sensitive | Yes |
360 Capital Group Launches Private Equity Fund
- 360 Capital Group acquires new apartment complex in Sydney for $49.9 million
- The acquisition is the first for the new 360 Capital Private Equity Fund 1
- The fund has raised $7.75 million in equity from wholesale investors
360 Capital Group (ASX:TGP) has announced the launch of its new real estate private equity fund, 360 Capital Private Equity Fund 1 (PEF1). PEF1 has contracted to acquire an entire block of brand new one, two and three bedroom apartments located approximately 6 kilometres from the Sydney CBD for $49.9 million. The acquisition is the first for the new fund, which has raised $7.75 million in equity from wholesale investors. This equity, combined with bank debt and $10.0 million of preference structured equity from 360 Capital REIT (ASX:TOT), will be used to settle the acquisition. The announcement comes following 360 Capital Group's previous announcement on 24 September 2025 regarding the new private equity fund. The Group is focused on strategic and active investment management of real estate assets, led by a highly experienced team operating across Australian real estate equity and credit opportunities.