Rockpoint Group has raised $1.1 billion to date for its Rockpoint Growth & Income Real Estate Fund II, per a SEC filing. The Boston-headquartered firm has set a $1.5 billion target and began fundraising in 2016. The SEC filing did not disclose whether the capital raise constituted a final or interim close.
Its previous fund raised $1.04 billion in 2014.
Investors that committed to Rockpoint Growth & Income Real Estate Fund II include the Indiana Public Retirement System (INPRS).
The fund will target core plus opportunities in a diverse number of sectors in the United States.