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Fundraising - NOVEMBER 23, 2021

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Fubon Life slates $60m for Bridge Multifamily Fund V

by Kali Persall

Fubon Life Insurance has approved a $60 million commitment to Bridge Multifamily Fund V, IREI has learned.

Bridge Investment Group opened its fifth value-add multifamily fund in June, with a goal to invest $2 billion into multifamily assets throughout the United States.

Bridge has set an even larger target for Fund V than the predecessor fund, which sought $1.5 billion in capital commitments. The fund launched in 2018 and closed a year later at $1.594 billion.

Fubon Life could not be reached to comment on the investment at the time of publication.

For more fund information, click here for IREI.Q.

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