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Sign in Sign up for a FREE subscriptionStarwood reportedly to launch new distressed real estate fund
Starwood Capital Group is said to have plans to launch a new opportunistic real estate fund, Starwood Distressed Opportunity Fund XIII, reported Bloomberg, citing people with knowledge of the matter.
It would follow the company’s Starwood Distressed Opportunity Fund XII, which closed in October 2021 with more than $10 billion in capital commitments. At the time, it was the firm’s largest capital raise in the firm’s history.