Hackman Capital Partners (HCP), a privately held real estate investment and operating company focused on acquiring and actively managing studio, media and commercial real estate properties, has completed the final close of its HCP Studio Fund.
The fund closed on $1.4 billion of commitments, exceeding its initial target of $1 billion and its initial cap of $1.25 billion. HCP also closed on $200 million of the fund’s co-investment commitments, bringing the total committed equity capital to $1.6 billion.
A diverse mix of global institutions backed HCP Studio Fund, including sovereign wealth funds, public and corporate pensions, insurance companies, endowments, foundations and family offices, among others.
The fund is focused on acquiring studio and media assets with attractive in-place income and growth potential in top production markets across the world. The MBS Group, a global studio advisory and production and equipment services company, plans to generate lon