HFZ Capital Group and Lionbridge Capital launch open-end real estate fund

HFZ Capital Group (HFZ) and Lionbridge Capital have launched a new real estate fund known as HFZ Lionbridge, which will invest in undervalued publicly traded real estate securities.

Structured as an open-end fund, HFZ Lionbridge will seek to raise several hundred million dollars, according to a statement released by the companies. HFZ and Lionbridge, as well as other partners, seeded the fund with an undisclosed amount of initial capital.

HFZ is a real estate development company and investor that operates in multiple markets and various asset classes across the real estate spectrum, including residential, office, industrial, hotel and retail, with more than $15 billion in total project values. In addition, Lionbridge Capital’s leadership team has a long track record of investing in publicly traded