Dalfen Last Mile Industrial Fund V moves closer to $500m fundraising target

Dalfen Industrial has captured more than $368 million for its Dalfen Last Mile Industrial Fund V, propelling it closer to its fundraising target of $500 million.

According to a recent SEC filing, 126 investors have backed the fund so far.

Fund V, which invests in industrial properties in the United States, opened to investors in February 2022. The fund’s predecessor, Dalfen Last Mile Industrial Fund IV, closed in January 2021 with $290.6 million in equity commitments. Fund IV followed a value-add investment strategy with a focus on high-quality last-mile industrial assets.

For more information about this fund and others, visit the IREI.Q database.