Texas-based private equity firm Stonelake Capital Partners announced the final close of its eighth opportunistic real estate fund, Stonelake Opportunity Partners VIII (Stonelake VIII), on Sept. 30, 2026.
Stonelake exceeded its $900 million target fundraise, closing at its hard cap with $1 billion in total equity capital commitments. Stonelake VIII is Stonelake’s largest fund since its founding in 2007, a 34 percent increase over its prior fund, Stonelake Opportunity Partners VII, which closed in 2023 with $746 million in total equity capital commitments.
Stonelake VIII received commitments from approximately 50 institutional investors, including college endowments, hospital systems, foundations, public pension funds and registered investment advisors.
“We are excited to announce the final close of Stonelake VIII,” said Kenneth E. Aboussie, Jr., co-founder and managing partner at Stonelake. “The support and continued partnership from our institutional inv
