IP Capital Partners (IPCP) has launched IPCP Southeast Industrial Fund II (SEIF II), its next flagship income and growth vehicle targeting high-quality industrial properties across the Southeast United States. With prudent use of leverage and joint venture equity, SEIF II is projected to have approximately $1 billion in total purchasing power.
SEIF II is targeting $250 million in capital commitments, with a hard cap of $300 million.
The fund has already demonstrated strong investor demand: an initial seed round targeting $25 million closed at $37 million, exceeding expectations and reflecting confidence in IPCP’s strategy and execution capabilities. The firm is targeting July 1, 2026, for its next close.
The fund is now live on iCapital, the global fintech platform for alternative investments in private markets.
“We believe the Southeast is the strongest industrial growth engine in the country,” said Josh Procacci, co-founder and CIO at IPCP. “Pop
