Landmark Partners closed its Landmark Real Estate Fund VII at $1.6 billion, the private equity and real estate money manager, company spokeswoman Emily-Jane Finigan said in an e-mail.
The secondary real estate fund’s initial target was $1 billion. The previous fund closed at $718 million.
Investors include the $29.4 billion Connecticut Retirement Plans & Trust Funds, Hartford; the $18.1 billion Kentucky Teachers’ Retirement System, Frankfort; and the $2.1 billion Oklahoma Firefighters Pension & Retirement System, Oklahoma City.
