Global private equity and venture capital news and research

GreenOak beats target for US property fund II

15 Aug 2014

oak tree leaf acornsGlobal property investor GreenOak Real Estate has reportedly smashed its target for its second US-focused property fund.

The firm has easily pulled in $700m worth of LP commitments, according to PERE.

The firm’s recent investments in the US include 123 William Street, a 547,000 square foot office building located in downtown New York which it bought in October.

In August last year AltAssets reported that GreenOak Real had pulled in $77m in first commitments for its second private equity vehicle which has a target of $600m.

The firm picked up just over $17m from two LPs for the main fund and $50m from a single investor through a parallel vehicle according to US regulatory filings.

A third vehicle, GreenOak Japan Employee Feeder, has gathered just under $10m from 17 LPs.

Copyright © 2014 AltAssets




Legals & Terms of UsePrivacy Policy

AltAssets is registered as a trademark of Investor Networks Limited (06695690).
Registered Office: WeWork 4001, 1 Fore Street, London, EC2Y 5EJ
Content is © AltAssets 2000-2016