Almanac Realty Investors, a real estate advisory firm based in New York City, has raised $537.1 million for its latest debt vehicle, according to a filing with the SEC. The firm did not comment on its fundraising efforts.
The closed-end fund, Almanac Realty Securities VIII, is a value-added real estate vehicle that will make growth capital investments into real estate operating companies, often in a structured or debt format, primarily in the United States.
Investments in the fund have included a $60 million commitment from the Ohio Police & Fire Pension Fund and a $75 million commitment from the New Mexico State Investment Council.
The fund’s predecessor, Almanac Realty S
