Whitman/Peterson Partners IV, a closed-end opportunistic fund managed by Whitman Peterson, has raised $160 million to date from four investors, according to an SEC Form D filed Aug. 18.
This figure includes the commitment of a limited partner affiliated with the issuer's general partner in the amount of $10 million, according to the document.
Whitman/Peterson Partners IV will invest in hotel, multifamily and student housing properties throughout the United States.
The fund’s predecessor, Fund III, raised $402 million at final close in January 2018, and Fund II raked in half that amount in 2015. The latest fund opened to investors on June 26 and had collected $85 million from two investors, as of July 10.
A fundraising target was not disclo
