GoldPoint Partners announced the closing of its fourth fund-of-funds, GoldPoint Partners Select Manager Fund IV, with $678 million of commitments, a 150 percent increase from its predecessor fund.
Institutional investors have embraced commercial real estate, but their reluctance to allocate to equity REITs has been costly for beneficiaries over the last decade. As the search for yield continues, a fresh look at equity REITs is warranted, Adelante Capital Management says.