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Interstate Equities Corp. reached a $215 million final close for IEC Institutional Fund VI, a value-add multifamily fund targeting 40 to 400 unit communities in supply-constrained West Coast markets. As of July 2026, the fund had committed nearly 30 percent of its capital across seven communities totaling 875 units, representing more than $330 million in total capitalization.
$28.4B in 20 final closes
Full league table →Blockchain Capital is targeting $700 million across two new crypto funds.
Princeton Equity Group closed Princeton Equity Partners III on September 29 with $1.3 billion in commitments, exceeding its $875 million target. Lazard served as exclusive placement agent and Proskauer Rose as legal counsel.
Mighty Capital has raised $91m for Fund III, roughly triple the size of its second fund.
Mubadala and Brookfield are backing a A$3.2bn offer from AVID for Ingenia Communities. The bid targets the Australian manufactured-housing and land-lease operator.
TPG will lead a continuation vehicle for Penta Capital's Sumer investment.
GAM has agreed to distribute Avenue Capital's Sports Opportunities Investment fund, likely through a feeder vehicle, as part of its alternatives expansion.
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