Boston-Based Rockpoint Raises $5.1b for Fund VII

Boston's Rockpoint, a renowned real estate private equity firm, has successfully secured $5.1 billion in equity capital commitments during its latest fundraising cycle. This impressive achievement encompasses the finalization of Rockpoint Real Estate Fund VII, amassing $2.7 billion, along with an additional $2.4 billion in commitments, inclusive of two single investor funds and a single-asset continuation vehicle. The diverse investor base includes prominent corporate and public pension funds, sovereign wealth funds, endowments, and family offices spanning Asia, Canada, Europe, Latin America, the Middle East, and the United States.

With a 30-year track record, the Rockpoint team's extensive experience spans multiple cycles, managing 19 funds and co-investment vehicles with a combined gross asset value nearing $80 billion. Fund VII builds upon Rockpoint's established flagship opportunistic series, capitalizing on the firm's profound local market knowledge and vertically integrated platform to generate and enhance asset-level value. This achievement solidifies Rockpoint's position as a leading player in the real estate private equity landscape.