Publications

Fundraising - JANUARY 11, 2017

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

WCP holds $237m final close for core-plus fund

by Jody Barhanovich

Westport Capital Partners has held a $236.7 million final close for its WCP Special Core Plus Fund, according to spokeswoman Jennifer Albero. The fund had a $500 million maximum fundraising target, according to IREI’s FundTracker Database.

WCP Special Core Plus Fund, which launched in June 2015, is a closed-end real estate fund that will invest in direct properties in the United States. The fund has a target net return of 8 percent to 12 percent.

WCP Real Estate Fund IV and WCP Real Estate Fund IV (ERISA), additional funds of Westport Capital, held a $314 million final closing at the end of 2015. WCP Real Estate Fund III had a $571 million final close in February 2012.

 

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy