From Pulse 2.0 · Amit Chowdhry · · 40s
Stonelake VIII Fund Closes $1 Billion
Stonelake Capital Partners closes $1 billion real estate fund with 50 institutional investors.
In brief
Stonelake Capital Partners closes $1 billion real estate fund with 50 institutional investors. Stonelake Capital Partners closed its eighth real estate fund with $1 billion in commitments from 50 institutional investors. Originally reported by Pulse 2.0.
Fund Close
Stonelake Capital Partners closed its eighth flagship opportunistic real estate fund with $1 billion in total equity commitments.
Oversubscribed Target
The fund exceeded its $900 million target with $1 billion in commitments from approximately 50 institutional investors.
Largest Fund
Stonelake VIII is the firm’s largest fund since 2007 and approximately 34% larger than its predecessor.
Investment Focus
The fund targets industrial logistics across 13 high-growth markets with $200 million already invested in 16 properties.
The bottom line
Stonelake Capital Partners closed its eighth real estate fund with $1 billion in commitments from 50 institutional investors.
