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ASSIGNMENT
Hodes Weill Securities, LLC acted as placement agent for Cross Lake Partners in connection with the private placement of interests in Cross Lake Real Estate Fund IV, LP (the “Fund”), a private fund focused on opportunistic investments primarily in the U.S. residential sector.
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OUTCOME/RESULTS
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Cross Lake closed its fourth real estate fund with approximately $237 million of commitments. The fully-discretionary Fund received commitments from a diverse mix of global institutions, including a sovereign wealth fund, public and corporate pensions, foundations, and family offices, among others, with strong support from investors in Cross Lake’s prior funds.
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