Key Takeaways
- • Lone Star Funds, a real estate-focused private equity firm, raised $5.9 billion for a new fund, according to Reuters.
- • The fund will invest in the debt and equity of commercial property assets across the Americas, Europe and Asia Pacific.
- • The close was announced on Tuesday, April 26, 2016.
Summary
Lone Star Funds, a real estate-focused private equity firm, said on Tuesday it has raised $5.9 billion for a new fund, according to a Reuters report published by PEI Private Equity. The vehicle will invest in both the debt and equity of commercial property assets across the Americas, Europe and Asia Pacific, giving the firm a broad international mandate spanning three regions.
The source article is brief and does not disclose additional details such as the fund's target size, hard cap, investor composition, or fee terms. Readers seeking those specifics should consult the firm's filings or subsequent coverage.
The raise places Lone Star among the larger dedicated real estate private equity vehicles in the market at the time, and the mandate combining debt and equity strategies reflects the firm's opportunistic approach to commercial property across multiple geographies.
The source article is brief and does not disclose additional details such as the fund's target size, hard cap, investor composition, or fee terms. Readers seeking those specifics should consult the firm's filings or subsequent coverage.
The raise places Lone Star among the larger dedicated real estate private equity vehicles in the market at the time, and the mandate combining debt and equity strategies reflects the firm's opportunistic approach to commercial property across multiple geographies.
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