WHI Real Estate Partners, a real estate investment firm, has raised $185.6 million for WHI Real Estate Partners IV, according to a filing with the SEC. The firm did not comment on its fundraising efforts.
The fourth fund in the series launched in 2016 with a $250 million maximum fundraising target. The opportunistic real estate fund will focus on repositioning middle-market properties throughout the United States.
The fund’s predecessor, WHI Real Estate Partners III, closed in April 2015 with $200 million in total equity commitments, while WHI Real Estate Partners II closed in June 2012 with $102 million in equity commitments.
WHI Real Estate Partners seeks to generate attractive risk-adjusted returns by taking a highly proactive approach to investment sourcing and asset management. The firm manages a series of fully discretionary investment funds whos