Real Estate PE Firm Wheelock Closes $525M Fund

Law360, New York (July 3, 2012, 3:35 PM EDT) -- Connecticut real estate private equity firm Wheelock Street Capital LLC has closed its first fund, a U.S. real estate-focused fund, with $525 million in capital commitments, Wheelock Street said Tuesday.

The firm originally set a fundraising target of $500 million for the fund, known as Wheelock Street Real Estate Fund LP. But after receiving higher than expected interest in late 2011, it increased the target to $525 million, Wheelock Street said.

The fund's closing date was not announced. Wheelock Street co-founder and managing partner Merrick R....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.