The UK manager has closed its fifth value-add diversified fund and is seeking further capital for sector-specific side vehicles.
Local government pension schemes committed an aggregate £275m across two affordable housing funds last week.
The New York-based housing specialist’s fund was backed mostly by US investors, including the Virginia Retirement System.
Before launching a dedicated fund, the firm has deployed over A$5bn in Australia across real estate debt and equity since 2011.
The Miami-based firm is expected to complete a rolling first close for the opportunistic vehicle later this year.
In its first investment for the fund, the manager has acquired a 40% stake in a Swedish student accommodation portfolio.
The new London-based manager launched by ex-Harrison Street Europe executive Daniel Gorzawski raised the capital for a specific UK living sectors portfolio acquisition.
Once more of a rarity in fundraising, rolling first closes are increasingly becoming a make-or-break factor for managers during a difficult capital-raising environment.
Goldman Sachs Alternatives has held the final close on the real estate secondaries market's largest ever vehicle. Which other firms round out the top 10?
The firm is looking to deploy most of the $915m raised for the vehicle into deals averaging $10m in size.