Walton Street Capital raises $1.3b for second real estate debt fund

Walton Street Capital has raised approximately $1.3 billion for its second real estate debt fund, according to an SEC Form D filing.

Launched in 2017, Walton Street Real Estate Debt Fund II was targeting $1 billion and will focus its investment efforts on CBD office, debt, hotel, industrial, multifamily, retail and warehouse assets across the United States.

The core-plus fund received backing from 100 investors.

Walton Street’s debt platform is focused on originating and structuring debt investments on high-quality, rental income-producing commercial real estate in the same U.S. markets and assets classes covered by Walton Street’s global investments, according to the firm.

The private equity real estate investment firm has received total equity and loan commitments of approximately $12 billion from public and corporate pension plans, foreign i