OpenFunds announces the closing of The London Heritage Fund

December 2016
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OpenFunds is pleased to have served as the exclusive placement agent for the first fund advised by Luxx London Investment (Luxx), with final commitments of more than GBP 33 million. The London Heritage Fund is the first of a series of funds Luxx is planning to launch.

 

The London Heritage Fund's successful closing is indicative of the strong network of OpenFunds and its partners during a difficult fundraising environment for a first-time fund active in the real estate sector in the UK, especially in the aftermath of Brexit.