Fundraising

Dallas
The Dallas-based manager raised half the capital from new investors, including $200m from private wealth investors, for a vehicle aimed at furthering its exposure to development investments.
NPS and IMCO have committed to the New York-headquartered manager’s maiden offering, which is two-thirds raised.
JPMorgan-backed Alterra just raised over $500m for its first fund focused on a niche industrial product type.
Asana 17032022
The Charlotte-based investment firm has held a final close for its third private real estate fund.
Residential affordable housing
The US multifamily firm, which previously closed on a series of value-add funds, will raise capital solely through one investment vehicle going forward.
The Los Altos, California-based firm, which exceeded the hard-cap on its fifth institutional vehicle, typically raises capital from existing LPs.
London software
Patron Capital VII, which follows the London-based firm’s fastest-ever deployment with Fund VI, is the largest European opportunistic vehicle in market.
The Dallas-based manager has closed on high-net-worth capital for an industrial development strategy focused on five major US cities.
The Chicago-based residential and hospitality firm is partnering with sector specialist Second Avenue to source opportunities.
The transaction marks the Toronto-based firm’s latest logistics-focused deal through its debut real estate secondaries vehicle.
pere
pere

Copyright PEI Media

Not for publication, email or dissemination