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EXCLUSIVE — Coretrust Capital Partners launches new value-add fund
Fundraising - SEPTEMBER 22, 2021

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EXCLUSIVE — Coretrust Capital Partners launches new value-add fund

by Kali Persall

Coretrust Capital Partners, a vertically integrated, operating company and investment manager (RIA), has brought a new fund to market.

The vehicle, known as Coretrust Value Fund II (CVF II), has a fundraising target size of $500 million and a hard cap of $750 million.

The fund will seek to expand its relationships with its existing investors, which include sovereign wealth and public pension funds, as well as new institutional investors, foundations and endowments. Coretrust said it will give co-investment rights to fund investors.

Coretrust Value Fund II is a follow-on fund to Coretrust Value Fund I (CVF I), a $250 million discretionary vehicle seeded by Hawkeye Partners’ Scout Fund Program. CVF I has redeveloped three outdated and underinvested properties, totaling 2.5 million square feet, to make them best-in-class.

Like its predecessor, CVF II will identify outdated office properties in prime locations that are best suited for redevelopment, capital

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