S2 Capital has held a final closing for its S2 Real Estate Fund II, with total capital commitments of $373 million, exceeding fund commitments of its inaugural fund, S2 Multifamily Value-Add Fund I.
“We are incredibly grateful for the continued support from our existing limited partners and are equally excited to welcome a diverse group of new institutional investors,” said Scott Everett, founder and CEO of S2 Capital. “Surpassing the capital raised in Fund I highlights investor trust in our team’s ability to identify and execute multifamily investments in high-growth markets.”
Fund II received broad institutional backing from a mix of U.S. and European investors, including global asset managers, public pensions, multifamily offices and sophisticated wealth management firms, further demonstrating the platform’s global appeal.
Consistent with S2’s established value-added investment thesis, Fund II targets distressed multifamily opportunities across