Revetas Capital has secured three mandates from Korean Asset Management Companies (AMCs) representing multiple Korean Institutional Limited Partners (LPs), with an initial investment volume of more than €860 million.
The mandates aim to support Korean overseas investments in the face of shifting interest rates and a rise in complex real estate situations in the European and US-based markets.
“Our focus is on providing capital recovery solutions in a market characterised by dislocation, complexity, and the ongoing importance of price discovery. We see solutions in uncertain times that offer real and meaningful value to our partners and a roadmap to recovering capital," said Eric Assimakopoulos, Revetas’ Managing Partner.
Revetas said in a statement it is looking to make significant strides in supporting Korean overseas investments.
The company employs over 110 professionals and has offices in London, Vienna and Luxembourg.