Starlight Investments has held a close for its Starlight Canadian Residential Growth Fund IV, the fourth fund in the firm’s flagship Growth Fund series focused on Canadian multifamily real estate.
Growth Fund IV received significant equity commitments from a diverse and global investor base, enabling the acquisition of more than 10,000 rental suites across Canada’s major markets. The fund attracted strong participation from institutional investors across Canada, Asia-Pacific and Europe, the Middle East and Africa (EMEA), including substantial recommitments from existing limited partners, alongside several new global investors in this commingled vehicle.
“The close of Growth Fund IV reflects continued confidence in Starlight’s global experience, proven track record and performance in Canadian multi family, as well as the long term fundamentals supporting rental housing across the country,” said Raj Mehta, president, global markets, Starlight Investments. “We
