Corebridge Real Estate Investors raises $1b for value-add real estate fund
Corebridge Real Estate Investors, formerly AIG Global Real Estate, has held a final closing of its U.S. Real Estate Fund IV (together with its related entity, U.S. Fund IV).
U.S. Fund IV has amassed more than $1 billion of total capital commitments and co-investment capital from an array of domestic and international investors.
“Corebridge Real Estate Investors has a long history of adapting its investment strategy to changing macro trends, focusing on sectors with resilience and growth that we believe are poised to benefit from long-term secular tailwinds,” said Douglas Tymins, president of Corebridge Real Estate Investors. “U.S. Fund IV is designed to further capitalize on this agile and opportunity-driven strategy with a focus on the logistics and multifamily sectors. Corebridge Real Estate Investors aims to identify and acquire high-quality assets located in key U.S. markets, leveraging favorable supply/demand dynamics through value-added renovations, re-tena