Publications

Fundraising - JUNE 7, 2017

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

Abacus raises $123m for new real estate fund

by Jody Barhanovich

Abacus Capital Group has raised $123 million for its newly launched Abacus Multi-Family Partners IV fund, according to a filing with the SEC.

Abacus Multi-Family Partners IV is a value-added real estate fund that invests in multifamily properties throughout the United States. The fund seeks to raise $500 million in total equity commitments, according to the filing.

The fund’s predecessor, Abacus Multi-Family Partners III, held a $247.5 million final close in 2015, coming in below its $300 million fundraising target. The fund received commitments from the Indiana Public Retirement System  and the Employees Retirement System of Texas.

Abacus has acquired more than $2.5 billion of real estate assets, including 23,000 apartment units.

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy