CA Ventures has launched a new open-end investment vehicle, along with a feeder fund, according to an SEC Form D filed in August.
The form stated the CA Student Living Income and Growth fund has raised roughly $170 million in capital commitments from eight investors, to date. It will invest in institutional-quality student housing assets in tier-1 public and private universities in the United States.
It requires a minimum investment of $10 million.
CA Ventures, a Chicago-based real estate investment firm, invests in a variety of properties across the United States, with a particular focus on student housing. It has delivered some 50,000 beds in North America and entered the European market last month.
As of March 31, the firm had $8.7 billion in assets under management.
