Argosy holds $150m second close

Argosy Real Estate Partners and its parallel funds closed on $150 million in equity commitments in a second close for Argosy Real Estate Partners IV, according to filings with the SEC. The firm did not comment on its fundraising efforts. Argosy is planning to raise $300 million for the fund.

There are three SEC filings that total the $150 million for the following AREP IV funds: Argosy Real Estate Partners IV, Argosy Real Estate Partners Parallel IV and Argosy Real Estate Partners IV-MS.

Argosy Real Estate Partners IV is a closed-end, opportunistic real estate fund that makes direct investments in U.S. office, hotel, land, multifamily and retail p