Harrison Street announced the final close of its ninth U.S. opportunistic real estate fund, Harrison Street Real Estate Partners IX, and its associated co-investment vehicles, securing approximately $2.5 billion in equity commitments. With more than $7 billion in buying power, the fund received strong support from existing fund series investors, who accounted for approximately 60 percent of total commitments, while also attracting new institutional investors globally that include a diverse set of public and corporate pension plans, Taft-Hartley plans, sovereign wealth funds, foundations and endowments, and insurance companies.
“The successful closing of Fund IX, especially during a period of capital market disruption, is a testament to the resilience of our asset classes and the continued confidence our global investor base places in our innovative investment approach. For nearly two decades, Harrison Street has been a first mover across alternative sectors,” said Christo
