Amount$556M
SeriesFund Close (ACORE Credit Partners I)
AnnouncedJun 1, 2019
SectorCommercial Real Estate
RegionUnited States
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Fund Close (ACORE Credit Partners I) round.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Commercial Real Estate (5)
Round size in sector60th pct
$80Mthis round: $556M$1.4B