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Rockpoint holds $3.3b final close

by Andrea Waitrovich

Rockpoint Group has announced the final close for its Rockpoint Real Estate Fund V, raising $3.3 billion in total capital commitments. The fund exceeded its $2.5 billion equity fundraising target.

Investors in Rockpoint V, the firm’s most recent opportunistic real estate fund, include public and corporate pension funds, endowments, foundations, sovereign wealth funds, and other governmental entities from the United States, Asia, Canada, Europe and the Middle East. U.S. pension fund investors include the Texas State Board of Education, the South Dakota Investment Council, the

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