Lone Star Residential Mortgage Fund III secures $200m of commitments

Lone Star Funds, a Dallas-based private-equity firm advising funds that invest globally in real estate, equity, credit and other financial assets, has secured $200 million for its third residential-mortgage fund.

Lone Star Residential Mortgage Fund III opened to investors in December 2021 with a focus on the U.S. single-family residential mortgage loan market. A fundraising target was not disclosed, however, a recent SEC filing shows two investors have backed the fund.

The firm could not be reached to comment on its fundraising efforts at the time of publication.

For more fund information, visit the IREI.Q database.