Rialto Capital Management raises $1.05bn

The Miami-based firm has raised capital for its fourth real estate debt fund.

Fund name: Rialto Real Estate Fund IV – Debt
Amount raised: $1.05 billion
Stage of fundraising: First close
Interim close date: 28 September 2020
Predecessor fund: Rialto Real Estate Fund III – Debt ($1.55 billion)
Number of investors in the fund: 615

Rialto Capital Management has raised $1.05 billion for Rialto Real Estate Fund IV – Debt, according to a Form D filed by the firm. Capital raised will be used to invest across several sectors throughout North America.