Photo of Christopher Merrill Merrill cites Harrison Street’s “deep focus on resilient sectors driven by favorable demographic trends.”

CHICAGO—Private equity firm Harrison Street Real Estate Capital LLC said Thursday it had closed its sixth US opportunistic real estate fund with $1.15 billion in equity capital. In the market for less than a year, Harrison Street Real Estate Partners VI LP closed at a hard cap of $950 million, exceeding its $850-million target as well as the cap for Fund V, which closed in 2015. Harrison Street also raised $205 million of additional equity capital in co-investment vehicles for Fund VI, compared to $160 million for Fund V.