DivcoWest raises $599m for fourth fund
DivcoWest has raised approximately $599.3 million for its recently launched fourth fund, according to a filing with the SEC. DivcoWest Fund IV launched in August 2013 with an $888 million fundraising goal.
The value-added fund replicates its predecessor’s investment style, targeting office and industrial properties in technology-oriented growth markets.
Recent investors include the Massachusetts Pension Reserves Investment Management Board and the Kentucky Retirement System.
DivcoWest Fund IV is a follow-up to the firm'