Iron Point Partners has closed its third real estate fund on $750 million after only three months on the market. Iron Point Real Estate Partners III, L.P. had a target of $450 million. Atlantic-Pacific Capital worked as placement agent on the fundraising.
Atlantic-Pacific Capital, the largest privately-owned global placement agent and advisory firm, announces the final closing of Iron Point Real Estate Partners III, L.P. (the”Fund”) with $750 million of capital commitments from institutional investors. The fundraise was completed in three months. Atlantic-Pacific Capital served as global placement agent.
The Fund, managed by Iron Point Partners, LLC, had a target of $450 million and received tremendous support from a broad group of primarily existing institutional investors, including endowments, foundations, pension programs, consultants and high-net-worth family offices.
About Iron Point Partners (www.ironpointpartners.com)
Iron Point manages several closed-end, real estate private equity funds including Iron Point Real Estate Partners, L.P., Iron Point Real Estate Partners II, L.P.and Iron Point Real Estate Partners III, L.P. Founded in 2007, Iron Point has raised more than $2.0 billion in total equity commitments to its funds and has made investments across most commercial real estate property types, including specialty real estate asset classes such as data centers, senior living facilities, low-income multi-housing properties and energy-driven real estate. The firm also invests in numerous distressed and other”special situation”investment opportunities. Prior to forming Iron Point in 2007, certain of the principals managed RMB Realty, Inc. and its successor Oak Hill Realty, LLC, the real estate investment vehicles for the Robert M.Bass family office.
About Atlantic-Pacific Capital (www.apcap.com), Member FINRA and SIPC
Atlantic-Pacific Capital is the largest privately-owned global placement agent and advisory firm dedicated to raising capital for alternative investments. Since its founding in 1995, the firm has executed more than 80 capital raising assignments aggregating over $60 billion for an extraordinary group of alternative asset managers. Typical mandates include private equity, real estate, real assets, natural resources and infrastructure fund placements. Atlantic-Pacific uniquely provides global marketing distribution and project management execution using a focused and customized approach. With experienced professionals located in eight offices throughout the United States, London and Hong Kong, Atlantic-Pacific maintains a global network of trusted relationships with influential institutional investors.