Trinity Fund Advisors LLC, an affiliate of Trinity Real Estate Investments LLC (“Trinity”), a leading private real estate investment firm, announced today the final close of Trinity GP Fund I L.P. (the “Fund”), the firm’s inaugural U.S. discretionary commingled real estate fund. The Fund was oversubscribed and raised a total of $520 million, significantly exceeding its $315 million target.

The Fund’s investors include a wide range of institutional investors, sovereign wealth funds, domestic and international family offices, and high-net-worth individuals. The capital commitments make the Fund one of the largest U.S. hospitality focused real estate private equity funds targeting value-added investments in upscale and luxury resorts and hotels in the U.S.

“Closing our inaugural U.S. discretionary commingled fund represents an important milestone for Trinity as it continues our evolution from a deal-by-deal investor to a global fund manager,” said Sean Hehir, Managing Partner, President, and Chief Executive Officer of Trinity. “We are grateful for the outsized investor demand this vehicle received, which is a testament to the compelling market opportunity and the reputation we’ve built over the past 25 years.”

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Source: Business Wire