Heitman has held a final close of Heitman Value Partners Fund VI (HVP VI). The fund received commitments totaling $2 billion, which exceeded its $1.75 billion target and reached the fund’s hard cap, making it the firm’s largest closed-end fundraise to date. Investors also committed an additional $620 million of co-investment capital to the fund, which when combined with estimated leverage, should provide Heitman with $6.55 billion in capital to deploy to assemble the fund’s portfolio during the next few years. The fund secured commitments from its most diverse investor base to-date, attracting commitments from more than 30 investors across seven countries.
HVP VI’s strategy seeks to deliver an overall return of 12 percent to 14 percent net of fees and costs through a diversified approach that combines delinked, growth-oriented, and contrarian investment opportunities. The strategy focuses on demographically driven, less cyclical alternative sectors, including medical
