The investment manager has achieved its biggest capital raise to date
The acquisitions have increased Newcore Strategic Situations V LP’s investments to £43m
Educational assets are “key targets” for Newcore Capital Management
The fund is aiming to deliver an annual 14-16% net internal rate of return to investors
The fund has already secured equity commitments of £55m from two UK local authority pension funds
Newcore Capital Management has exchanged contracts to acquire a 200-acre agricultural estate near Tunbridge Wells, Kent, for £3.3m