Rockpoint Group raises $1.1bn

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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.