Real estate fund manager Revcap provided $3.1m for accelerator and early-stage investor Pi Labs' latest fund, sized at $23m as of earlier this month.

UK-based accelerator and venture capital platform Pi Labs has attracted £2.5m ($3.1m) from property-focused fund manager Revcap for its third fund, Property Week has reported.

The fund reached a $23m initial close earlier this month on the way to a final target of $75m expected by the end of 2020, according to PropertyFundsWorld.

Other limited partners in the fund include real estate investment manager Patrizia, healthcare real estate investment trust Assura, and property developer and investment firm Great Portland Estates.…