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

Sign in Start Your Free Trial Now View Purchase Options

Alex. Brown Realty launches ABR Chesapeake Fund V

by Zoë Wolff

Alex. Brown Realty has launched its fifth Chesapeake real estate fund.  ABR Chesapeake Fund V held an initial close of $175 million in January. The fund is targeting $400 million of equity commitments.

Following the strategy of its predecessor funds, Fund V will invest in assets that require financial restructuring, recapitalization, redevelopment and/or repositioning.

Fund IV is the firm’s largest fund to date, having closed the $282 million fund in August 2012. Investors in Fund IV included the West Virginia Investment Management Board, the Montana Board of Investments, and others.


Fund data at your fingertips. Subscribe to the FundTracker database.

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?