- Fund name: Redcar Fund I
- Amount raised: $412 million
- Target size: $350 million
- Stage of fundraising:Â Final close
- Final close date: February 2020
- Time on the road: 1 year and 4 months
- Legal adviser: Kirkland & Ellis
- Placement agent:Â Evercore Group
Redcar Properties has closed Redcar Fund I at $412 million, above its $350 million target. The fund will invest in retail, office, multi-family and residential sectors in North America.