Fundraising - JANUARY 8, 2014

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

DivcoWest raises $623m for fourth fund

by Reg Clodfelter

DivcoWest has raised $623.1 million for its fourth fund, Divco West Fund IV, according to a filing with the SEC. This is an additional $24 million over the equity raise the fund filed a couple weeks ago in late December.

The fund launched August 2013 with an $888 million fundraising goal. It had a $125 million first close only 15 days after opening. The value-add fund is expected to continue its predecessors’ strategy of investing in office and industrial properties in technology-oriented growth markets.

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy