Ambrose, an investor, developer and operator of industrial, logistics and ecommerce real estate, has announced the final close of Ambrose Fund IV. Ambrose raised more than $400.6 million through equity commitments to the fund and related vehicles. The fund represents Ambrose’s largest fund to date and reflects the evolution of its investor base, which comprises a diverse mix of public pension funds including the Indiana Public Retirement System (INPRS), insurance companies and family offices such as Jordan Park.
Ambrose IV will target speculative and build-to-suit development and acquisitions of class A industrial, logistics and ecommerce assets across the United States — primarily in the Midwest, Mountain states and the Southeast. The fund is approximately 50 percent deployed, with a strong pipeline of new development and acquisitions. The fund has launched construction on 12 projects across Florida, Louisiana, Indiana and Ohio, as well as acquired a cash flow–generati
