The Atlanta-based firm's Cortland Enhanced Value Fund VI is more than double the size of its predecessor.
The London firm now counts a sovereign fund among investors in the series, for which it also uses social media marketing to raise capital.
Commitments of $1bn to the asset management behemoth’s real estate strategies in Q2 trail its smaller peers.
Commitments to the firm's latest opportunistic strategy are ‘materially higher’ than the figure revealed in its earnings statement, says CEO Harvey Schwartz.
The Los Angeles-based manager also expects to hold two real estate fund closes over the next two months.
With only $59bn raised in the first half of the year, 2024 is on track to be the worst fundraising year since 2012.
The London-based firm is expanding in North America with an opportunity fund backed by the Arizona Public Safety Personnel Retirement System.
The UK manager has closed its fifth value-add diversified fund and is seeking further capital for sector-specific side vehicles.
Local government pension schemes committed an aggregate £275m across two affordable housing funds last week.
The New York-based housing specialist’s fund was backed mostly by US investors, including the Virginia Retirement System.