Lone Star Funds, a private equity firm that invests globally in real estate, equity, credit and other financial assets, has begun marketing for its newest real estate vehicle, Lone Star Real Estate Fund VI, according to a filing with the SEC. The firm did not comment on its fundraising efforts.
The new megafund is seeking to raise $3 billion, according to the filing. It is the sixth fund in the series. The fund will invest in debt secured by properties globally.
The previous fund in the series, Lone Star Real Estate Fund V, which is made up of Lone Star Real Estate Fund V (U.S.) and Lone Star Real Estate Fund V (Bermuda), held its first and final closing in April 2016 with approximately $5.8 billion in combined capital commitments. Transactions targeted by Lone Star Real Estate Fund V include investments in commercial real estate debt and equity products in Nor
