Starwood Capital Group has held a final closing for its latest opportunistic real estate fund, Starwood Distressed Opportunity Fund XIII (SOF XIII), with capital commitments in excess of $10.2 billion. Together with existing commitments to Starwood Capital’s other investment vehicles, the firm’s assets under management total approximately $130 billion.
SOF XIII will continue to focus on real assets globally, with the flexibility to shift between asset classes, geographies and positions in the capital stack. SOF XIII will primarily target transactions across the United States and Europe, with selective opportunities in Asia Pacific, and a focus on a strategic mix of residential, data center, industrial and hospitality assets.
SOF XIII was supported by more than 300 new and existing investors across approximately 20 countrie
