Castleforge Partners III reached over £270 million ($339 million) in capital commitments, exceeding the fundraise of the predecessor vehicle by 15%.
The fund received strong support from existing LPs and has further diversified its investor base, securing new commitments from institutional investors in North America, Europe and Latin America including a private pension fund, endowment, foundation and family offices.
London-based Castleforge Partners' decade-old private equity real estate business that has grown to 70 investment professionals.
Castleforge has closed 40 deals and successfully realized 17, officials said in a press release. They . . .
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