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Sign in Sign up for a FREE subscriptionRialto Real Estate Fund IV — Property surpasses $700m
Miami-based Rialto Capital Management has secured $706 million for its Rialto Real Estate Fund IV — Property, according to a recent filing with the SEC. The vehicle was backed by 375 investors.
The closed-end fund will invest in multiple property types in the United States.
This is a significant jump from the fund’s previous standing in April, when it was $267 million funded. An equity fundraising target was not disclosed for the vehicle.