GTIS Partners Closes $716M Residential RE Fund

Law360, New York (October 28, 2013, 6:38 PM EDT) -- Real estate private equity firm GTIS Partners LP has closed its $716 million residential real estate investment fund, the largest such domestic diversified fund raised to date, GTIS Partners announced Monday.

The new fund, which includes money from co-investment vehicles, brings GTIS Partners' total equity raised to $3 billion since its 2005 launch and represents a major U.S. investment push for the firm, which had previously focused much of its efforts internationally.

GTIS Partners re-entered the U.S. in 2009, becoming one of the first real estate...
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