Rockbridge announced it will take a familiar path with its eighth 's flagship fund – pursuing hospitality-focused real estate investments in the US.
This week, it completed the final closing of its most recent value-add flagship fund, Rockbridge Hospitality Fund VIII L.P., having raised $431 million of investor commitments, surpassing its target of $425 million.
Fund VIII was backed by both long-standing investors and select new investors, including pension funds, foundations, endowments, insurance companies, asset managers, and private capital from family offices and high net worth investors, according to a release.
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