Boston-based Rockpoint, a real estate private equity firm, has raised $5.1 billion in aggregate equity capital commitments in its current fundraising cycle.
The total raise includes the closing of Rockpoint Real Estate Fund VII with $2.7 billion in total equity capital, as well as an additional $2.4 billion in commitments that include two single investor funds and one single-asset continuation vehicle.
Rockpoint said the funding represents a diverse base of corporate and public pension funds, sovereign wealth funds, endowments and family offices from Asia, Canada, Europe, Latin America, the Middle East and the United States.
Fund VII expands on Rockpoint’s flagship opportunistic series, leveraging the firm’s extensive local market knowledge and vertically integrated platform to create and enhance value at the asset level. The fund will target opportunities in the United States across a range of real estate asset classes, including industrial, multifamily, si