Austin-based CapRidge Partners has launched a new value-add fund, according to a recent filing with the SEC.
The vehicle known as CapRidge Partners Value Fund IV will invest in office assets in the United States, with a focus on CBD properties. A fundraising target was not immediately learned.
According to the IREI.Q database, the fund’s predecessor, CapRidge Partners Value Fund III, closed in 2019 with more than $100 million in capital commitments.
CapRidge Partners is a vertically integrated investment management company with decades of experience as both a local operator and an institutional investor.
