Stabilis Capital Management has raised $525 million to date for its Stabilis Fund V. The New York-headquartered firm has set an undisclosed target and began fundraising in 2017.
Its previous fund raised $540 million in 2015.
Investors that committed to Stabilis Fund V include the University of Michigan.
The fund will target subordinated/mezzanine debt opportunities in a diverse number of properties in North America.Â