Rockpoint Group, a global real estate investment management firm, has held the final close of Rockpoint Real Estate Fund V at USD3.3 billion in total capital commitments, exceeding its USD2.5 billion fund target.
Investors in Rockpoint V, the firm’s most recent opportunistic real estate fund, include prominent public and corporate pension funds, endowments, foundations, sovereign wealth funds, and other governmental entities from the United States, Asia, Canada, Europe and the Middle East.
Rockpoint Real Estate Fund IV closed in 2013 with over USD2.3 billion of commitments and is fully invested. The firm’s lower-risk investment vehicle, Rockpoint Growth and Income Fund I, closed with over USD1 billion of aggregate commitments in 2015 and is now over 85% committed.
