Farallon Capital holds $400m final close
Farallon Capital Management has held a $400 million final close for its Farallon Real Estate Partners II.
Similar to its 2013 predecessor fund, the U.S.-focused opportunistic real estate fund will invest in the office, industrial, retail and multifamily sectors.
Nearly all of Farallon Real Estate Partners I’s limited partners committed to FREP II. Investors in FREP II include college endowments, pension plans and high-net-worth individuals.
FREP I closed n 2014 with $375 million in equity commitments.