Lone Star Real Estate Fund Closes at $4.7B

Since it established its first fund in 1995, Lone Star has organized 20 private equity funds with aggregate capital commitments totaling $85 billion.

DALLAS—Lone Star Funds has completed the final closing for its sixth dedicated commercial real estate fund Lone Star Real Estate Fund VI, L.P. (LSREF VI). Capital available to LSREF VI totals approximately $4.7 billion, which includes third-party commitments and anticipated co-investments from associated entities.

Earlier this year, Lone Star held the final closings for Lone Star Fund XI, the latest in the firm’s Opportunity Fund series, with aggregate capital commitments of $8.1 billion, and Lone Star Residential Mortgage Fund II, the latest in the firm’s US Residential Mortgage Fund series, with aggregate capital commitments of $760 million.

Since it established its first fund in 1995, Lone Star has organized 20 private equity funds with aggregate capital commitments totaling $85 billion. The firm organizes its funds in three series: the Commercial Real Estate Fund series; the Opportunity Fund series; and the US Residential Mortgage Fund series.