Sculptor real estate fund attracts $2.6bn

New York firm Sculptor Capital announced that its fourth opportunistic real estate fund, Sculptor Real Estate Fund IV (SRE IV) closed this week with $2.6 billion in capital commitments.

The amount outshines the investment unit’s previous fund Sculptor Real Estate Fund III, which had total capital commitments of $1.5 billion.

SRE IV attracted capital from more than 100 limited partners including public and private pension plans, financial institutions, sovereign wealth funds, endowments and foundations, and family offices.

Sculptor’s real estate business was founded by Steven Orbuch in 2003 to . . .

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