U.K.–based Barwood Capital has closed its Regional Property Growth Fund IV with £110 million ($150 million) in equity commitments. The fund exceeded its target by £10 million ($14 million).
The closed-end fund opened to investors in spring 2019, and it will focus on regional property outside London in the industrial and alternatives sectors, as well as other select real estate opportunities.
The fund’s investor base includes institutions, family offices, charities and high-net-worth individuals. More than 80 percent of the investors had existing relationships with Barwood Capital.
“While no one could have predicted the events of 2020, we are delighted to have exceeded our total target raise and already committed to seven exciting opportunities,” said Hugh Elrington, managing director at Barwood Capital. “We warmly welcome our new investors and welcome back those who have invested with us previously.”
Barwood’s Regional Property Growth Fund
