Crow Holdings Closes Record $3.1b Fund Amid Investor Confidence Surge

Dallas real estate investment firm Crow Holdings has closed its largest fund to date, securing $3.1 billion in fresh commitments from both existing and new investors, the company announced today. The fundraise for Crow Holdings Realty Partners X LP marks a nearly 35 percent increase from its predecessor $2.3 billion fund raised in 2019, nodding to investor confidence in Crow’s value-add strategy even amid current market uncertainty. More than 70 percent of previous fund investors rejoined for Fund X, while new investors include global banks, sovereign wealth funds, insurance companies, pension plans, family offices, and high-net-worth individuals. “We believe this fundraise represents not only our partners’ confidence in the series’ performance, but also an appreciation of the growth in the platform,” Crow Holdings CEO Michael Levy said in a statement. Crow Holdings aims to augment and expand its offerings and complementary strategies to enhance value for its investment partners, the CEO said. Fund X is managed by Crow Holdings’ investment management company, Crow Holdings Capital.