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....
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