Rockpoint is planning to raise $3bn to $4bn (€2.8bn to €3.7bn) for its seventh opportunistic real estate fund, according to sources.
IPE Real Assets understands that the Rockpoint Real Estate Fund VII fund has so far raised around half of its target.
Rockpoint’s sixth fund, which closed in June of 2020, raised $3.8bn as it exceeded its $3bn target
The manager has already invested close to 20% of Fund VII’s capital. Fund VII mainly targets US office, hotel and residential assets.
Source: realassets.ipe.com
