By Lewis Dayton
April 24, 2024
Palatine Capital Partners Management, a diversified real estate investment manager, has held a final close for Palatine Real Estate Fund IV (PREF IV), after raising $593.5 million of capital commitments, exceeding its $500 million fundraising target.
PREF IV received commitments from an array of investors, including consultants, pensions, endowments, foundations, wealth managers and family offices.
PREF IV will invest in consumer-oriented sectors located in secondary markets across high-growth regions in the United States, primarily focusing on smaller, situational investments in residential and commercial sectors, including multifamily, student housing, self-storage, industrial and parking assets.
Incubation Capital Partners (Incucap) served as the exclusive placement agent for the fundraise.