Rockpoint secures $5.1bn in equity capital for real estate fund

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Rockpoint secures $5.1bn in equity capital in latest fundraising cycle

Boston-based real estate private equity firm Rockpoint has announced the completion of its current fundraising cycle, securing a remarkable $5.1 billion in aggregate equity capital commitments.

The fundraising includes the closing of Rockpoint Real Estate Fund VII, which raised a total of $2.7 billion of equity. Additionally, the firm has garnered an extra $2.4 billion in commitments, comprising two single investor funds and one single-asset continuation vehicle.

Fund VII will target opportunities in the U.S. across a range of real estate asset classes, including industrial, multifamily, single-family rental, and hospitality, as well as select office investments.

“We are grateful for the strong support from both existing and new investors,” said Bill Walton, Managing Member at Rockpoint. “As we continue to thoughtfully grow our platform and invest in assets where our longstanding relationships, local market expertise, and vertically integrated capabilities can add substantial value, we are well positioned to capitalize on what we believe will be compelling opportunities during this period of dislocation across the real estate sector.”

“We are excited to expand on our successful track record of investing through cycles and to continue to deliver strong returns for our investors,” said Keith Gelb, Managing Member at Rockpoint. “With a management team that has been working together and with relationships throughout the industry for nearly three decades, alongside a deep and growing pool of talent, our organization has never been stronger.”

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