AECOM-Canyon Partners raises $500m for flagship fund

(Opalesque) AECOM-Canyon Partners, a joint venture between the real estate investment arm of engineering firm AECOM and Century City-based hedge fund Canyon Partners LLC, announced the close of its $500 million AECOM-Canyon Partners Equity Fund, the first vehicle launched by the joint venture. AECOM’s investment arm, AECOM Capital, has a total development value of $4.5 billion across roughly 11 million square feet while Canyon Partners has more than $25 billion in assets under management.

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