CanFirst Capital Management holds initial close for VIII fund

Ted Liu

CanFirst Capital Management has held an initial close for its 8th flagship fund, CanFirst Industrial Realty Fund VIII.

CanFirst Industrial Realty Fund VII, a vintage fund, final closed at $250.5 million harcap in July 2020. The fund is fully invested and in hold/value creation phase.

Led by Chair Paul Braun and CEO Allan Perez, Toronto based CanFirst Capital Management is a specialized commercial real estate private equity company. It co-invests with institutional and private high net worth investors in Canadian, high-quality income-generating, industrial and office properties that have added potential to exploit for growth.

In addition to its flagship funds, CanFirst Capital Management also manages CanFirst IncomePlus Real Estate Fund (open-end) and CanFirst Industrial Development Fund (closed-end).

CanFirst funds are open to institutional as well as high net worth investors.

photo credit: CanFirst Capital Management