Publications

Fundraising - OCTOBER 15, 2019

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Rialto Capital raises $500m for fourth real estate debt fund

by Kali Persall

Miami-based Rialto Capital Management has raised nearly $500 million for its latest real estate debt fund, according to an SEC Form D filed last month. The firm could not be reached to comment on its fundraising efforts.

Launched in September, 243 investors have committed capital to Rialto Real Estate Fund IV to date.

The previous fund in the series, Rialto Real Estate Fund III, raised $1.5 billion in 2017. The fund was looking to invest primarily in real estate debt and properties in the United States, following an opportunistic strategy.

Rialto Capital raised $700 million for its first opportunistic real estate fund, Rialto Real Estate Fund, which closed in 2010. The next fund in the series, Rialto Real Estate Fund II, raised $1.305 billion and closed in 2013.

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.