HRJ Closes RE FoF

HRJ Capital has closed its third global real estate fund-of-funds with $155 million in capital commitments.




HRJ Capital announced today the closing of HRJ Global Real Estate Fund III, its third real estate fund of funds, at USD 155 million in commitments from a diverse group of investors including endowments, foundations, corporate plans, family offices, investment advisors and select high net worth individuals from the U.S., Europe and Asia.

HRJ GRE III has made commitments to a diversified portfolio of U.S. and international real estate funds managed by 10 managers across the Global Opportunistic, U.S. Value-Enhanced and Non-U.S. Value-Enhanced real estate investment sectors.

Ed Rodden, CEO of HRJ Capital, said “we are extremely pleased with the real estate funds that have been assembled in GRE III. The fund provides investors with diversification across U.S. and international markets in a variety of real estate investment styles.”

Howard Fields, Managing Director of Global Real Estate Investments, oversees HRJ Capital's real estate funds along with a dedicated team of investment professionals.

HRJ Capital is an alternative investment firm specializing in creating unique alternative fund of fund investment opportunities across the venture capital, buyouts, real estate and hedge sectors. HRJ GRE III is the firm's 12th fund. HRJ Capital has USD 2.2 billion in assets under management.

HRJ Capital has 55 employees and offices in San Francisco, Chicago, New York, Z