Rockpoint fund raises additional $1.6b
The Rockpoint Group has raised an additional $1.6 billion for Rockpoint Real Estate Fund V from various U.S.-based investors, according to a filing with the SEC. To date, the fund has raised more than $2.8 billion.
The Rockpoint Group declined to comment on its fundraising efforts.
The opportunistic real estate fund will focus on investments in hospitality, office and multifamily properties in the United States. The fund is reportedly seeking $2.5 billion in equity commitments.
Investors in the fund have included the Texas Permanent School Fund, the South