Key Takeaways
- • Town Lane raised $1.9 billion for its second real estate fund, according to Law360.
- • Kirkland & Ellis LLP advised on the fund closing.
- • The firm plans to deploy the capital using its existing investment strategy, per the publisher summary.
- • The close is an institutional real estate fundraise relevant to allocators tracking real estate private equity capital formation.
Summary
The firm intends to invest the fund's capital using the same strategy it has applied to its existing portfolio, according to the publisher summary. The available excerpt does not provide further detail on the fund's target sectors, geographies, return targets, or investor composition, and the full article is available to registered readers only.
For institutional investors and real estate allocators, the close adds to the capital available for Town Lane's strategy and reflects continued fundraising activity in the real estate private markets.
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