Cerberus Institutional Real Estate Partners IV

24/1/2017

Fund formation

Value:

$ 1.8 billion

Status:

Completed

Date:

24/1/2017

Overview:

The Cerberus Institutional Real Estate Partners IV (CIREP IV) fund has closed at $1.8 billion.
Cerberus Capital Management's fourth real estate fund received investments from more than 60 different parties.
The fund will follow a strategy of investing in distressed or undervalued real estate transactions.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Fund formation

Practice area:

Investment funds

Governing law:

United States

Industry sector:

Investment management

Firm:

Schulte Roth & Zabel

Party: Cerberus Capital Management (Fund manager)

Lawyer: Jason S Kaplan

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