Pretium raises $1.5b with sixth single-family housing fund by Released | Jul 23, 2024 Pretium has closed its sixth single-family housing fund and related vehicles, above target with $1.5 billion in aggregate commitments to create more affordable housing in the United States. The fund received strong support from a diversified group of existing and new investors, including insurance companies, U.S. pension plans and U.S. wealth managers.
H.I.G. Capital locks in $1.3b for Europe Realty Fund III, surpasses target by Kali Persall | Jul 11, 2024 H.I.G. Capital, a global alternative investment firm with $64 billion of capital under management, has announced the final close of H.I.G. Europe Realty Partners III. The fund closed with aggregate capital commitments of approximately $1.3 billion, including separately managed accounts that co-invest alongside the fund. This significantly surpassed the predecessor’s fund size.
Clear Investment Group closes Clear Opportunities Fund I with $83m by Released | Jul 10, 2024 Clear Investment Group, a multifamily real estate investment firm, announced the final close of Clear Opportunities Fund I (COF I), with more than $83 million in capital raised. With a broad range of investors, including strategic partnerships with a leading Chicago-based alternative asset manager, two prominent state pension funds, as well as several RIAs and family office investors, COF I is poised to close with a seasoned group of common unit holders.
SAFStor launches SAFHarbor Opportunity Fund by Released | Jul 10, 2024 SAFStor, one of the nation’s largest developers of class-A self-storage, has announced the launch of its latest Regulation D 506(c) offering, SAFHarbor Opportunity Fund, LLC. The company intends to raise $23 million from accredited investors for the development of three self-storage facilities in strategic locations across the United States.
Lone Star Funds announces final closing of Lone Star Fund XII by Andrea Zander | Jul 3, 2024 Lone Star Funds has held a $5.3 billion final close for its 12th opportunity fund, Lone Star Fund XII, L.P. (LSF XII).
Madison Capital Markets closes Orlando self-storage DST by Lewis Dayton | Jun 20, 2024 Madison Capital Markets has closed its Go Store It Orlando DST for approximately $18.5 million, theDIWire reported.
Thompson Thrift closes multifamily development fund, raising more than $250m by Andrea Zander | Jun 13, 2024 Thompson Thrift has closed its latest multifamily development fund. The fund, which successfully raised more than $250 million in equity commitments, will fund Thompson Thrift's development, construction and management of class A multifamily communities. The 2024 fund marks the sixth fund offered by the company.
Partners Group Direct Equity V closes with $15b of commitments by Released | Jun 12, 2024 Partners Group, one of the largest firms in the global private markets industry, has surpassed its target of $15 billion in client commitments for its fifth direct private equity program. The program comprises commitments to Partners Group’s fifth direct private equity fund, Partners Group Direct Equity V, and to the bespoke client solutions and open-ended funds that allocate to the same direct private equity strategy.
Blue Owl Capital raises capital from family office for HomeCourt by Lewis Dayton | Jun 7, 2024 Blue Owl Capital’s sports strategy fund, HomeCourt, has secured a significant capital commitment from Capstone Holdings, a Florida-based family office, reported Jessica Hamlin for PitchBook.
StepStone Private Wealth launches private credit fund by Released | Jun 7, 2024 StepStone Private Wealth has announced the launch of the StepStone Private Credit Income Fund (CRDEX), an evergreen interval fund that can be purchased daily via ticker CRDEX.
JLL Income Property Trust fully subscribes $95m Diversified III DST by Released | Jun 5, 2024 Income Property Trust, an institutionally-managed daily NAV REIT with nearly $7 billion in portfolio equity and debt investments, announced that it has fully subscribed JLLX Diversified III, DST. The $95 million program was structured as a Delaware Statutory Trust designed to provide 1031 exchange investors the opportunity to reinvest proceeds from the sale of appreciated real estate, while also deferring taxes, maintaining allocation to real estate and the opportunity to realize long-term appreciation in a tax efficient manner.
Town Lane raises $1.25b for inaugural real estate investment fund by Andrea Zander | May 31, 2024 Town Lane, an opportunistic real estate investment firm, has held a final close for its inaugural fund, Town Lane Real Estate Opportunities Fund I, with $1.25 billion in total commitments.
Pennybacker closes Fund VI with $1.6b of committed capital, exceeding target by Andrea Zander | May 29, 2024 Pennybacker Capital Management has held a final close for its sixth value opportunity series fund, Pennybacker VI, LP (Fund VI), which exceeded its target with $1.6 billion in capital commitments.
Family offices invest in ECP $6.7b fund by Released | May 28, 2024 Energy Capital Partners (ECP) has held a final close for its fifth flagship equity strategy, ECP V, with total capital commitments of $4.4 billion.
Goldman Sachs Alternatives raises more than $7b for real estate credit strategies by Andrea Zander | May 14, 2024 Goldman Sachs Alternatives has held a final close for its West Street Real Estate Credit Partners IV and related vehicles.
