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Mesa West raises $514m for real estate debt fund

by Zoë Wolff

Mesa West Capital has raised $513.6 million for Mesa West Real Estate Income Fund IV, according to a filing with the SEC.

The real estate debt fund launched in July 2015 and held a first close of $390 million in December 2015. The debt fund is targeting $750 million in equity commitments and will focus on all major property types in primary markets. The fund recently had commitments from the San Joaquin County (Calif.) Employees’ Retirement

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