Starwood Capital launched its latest opportunistic real estate fund at a whopping $10 billion, fueling the firm’s assets under management to just over $95 billion.
The Starwood Distressed Opportunity Fund XII (SOF XII) handily surpassed its predecessor fund that closed at $7.6 billion -- making it the largest fundraise in the firm’s 30-plus year history. Global investments in the fund already surpass $3.5 billion.
“Our sourcing capabilities continue to yield a robust pipeline of investment opportunities, and our market expertise around the globe continues to generate attractive returns for investors,” said . . .
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