Monday, 2 March 2015
Last updated 1 hour ago
Nov 10 2011 | 10:31am ET
Hedge fund Fir Tree Partners has raised more than $600 million for its second real-estate private equity fund, more than $100 million in excess of its original target.
The $7 billion New York-based firm announced that its Real Estate Opportunity Fund II garnered $628 million before it closed. Fir Tree had initially sought $500 million for the fund, which was launched a year-and-a-half ago, two years after the firm launched its first real estate fund.
Fir Tree has already invested some 90% of the second fund in commercial and residential real-estate, including equity, senior loans and mezzanine investments.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…