The Related Companies brings new ESG fund to market

The Related Companies has launched a new ESG fund, with a $400 million fundraising target, according to a recent filing with the SEC.

The Related ESG Real Estate Fund will target the U.S. market.

Related is a preeminent developer of transformative residential, retail, office, hotel and mixed-use properties in the United States.

Related started exclusively as an affordable housing developer in 1972 and today is one of the largest developers, financiers and preservationists of affordable and workforce housing in the country. According to its 2020 ESG report, the firm developed one of the nation’s first green residential high-rises in 2004 (LEED Gold); completed another 36 LEED Silver, Gold and Platinum certified properties across a diverse array of asset classes; accredited three of the first 10 ENERGY STAR–labeled residential buildings in the United St