Walton Street Capital Closes $1.4B US Real Estate Fund

Law360, New York (March 26, 2014, 7:43 PM EDT) -- Walton Street Capital LLC closed its seventh opportunistic real estate fund at $1.4 billion at the end of February, the private equity firm said Wednesday.

The fund will target the major U.S. markets and will use a leverage of 55 to 60 percent to make acquisitions in most kinds of real estate. The fund currently has 18 investments, including offices, hotels and multifamily dwellings, Walton Street said in a statement.

"Having successfully raised a significant pool of discretionary capital gives Walton Street a real advantage in...
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