Fundraising - MAY 5, 2016

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Rubenstein holds first close for real estate fund

by Zoë Wolff

Rubenstein Partners has raised $368.1 million for its Rubenstein Property Fund III, according to a filing with the SEC.

The value-added fund, which launched in May 2015, recently received a $30 million commitment from the Maine Public Employees’ Retirement System.

Rubenstein Properties Fund II, the fund’s predecessor, held a final close of $500 million in June 2014. Fund II invests in office properties in the eastern United States. The firm&rsqu

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