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Sign in Sign up for a FREE subscriptionColony Capital to launch new debt fund
Colony Capital is gearing up to launch a new opportunistic debt fund on June 1. The fund will be called Colony Distressed Credit and Special Situations Fund IV.
The closed-end fund will focus on multifamily, hotel, office, retail, industrial and land properties globally. The fund is looking to raise $2.5 billion says Rommel Marseille, senior vice president, investor relations for Colony Capital.
Colony Distressed Credit and Special Situations Fund III had its final close in October 2014, having raised $1.2 billion.