Harrison Street Raises $1.15B for New Investment Fund

CHICAGO — Harrison Street Real Estate Capital, a Chicago-based private equity firm that invests in education, healthcare and storage real estate, has completed a capital raise of $1.15 billion for its investment fund Harrison Street Real Estate Partners VI.

The raise included $950 million in equity commitments, in excess of Fund VI’s target of $850 million. Harrison Street also raised $205 million of additional equity capital in co-investment vehicles. In total, Harrison Street received commitments to Fund VI from more than 65 institutional investors.

Fund VI has already committed $310 million across 34 properties and 17 states.

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