CapRidge Partners launches new office fund

The Austin-based investment firm has launched its fourth-series value-add office fund.

  • Fund: CapRidge Partners Value Fund IV
  • Stage of fundraising: Launched
  • Launch date: October 2021
  • Predecessor fund: CapRidge Partners Value Fund III ($127.5 million)

CapRidge Partners has launched its fourth value-add office fund, according to a recent US Securities and Exchange Commission filing. CapRidge Partners Value Fund IV will invest solely in the US, with CapRidge currently investing in a number of states, including Texas, Arizona, Colorado and Tennessee. There is no information on a potential target size for this vehicle, but its predecessor, CapRidge Partners Value Fund III, launched in 2016 targeting $250 million in investor capital.