GI Partners raises $1.45B for core plus real estate fund

GI Partners completed the initial fundraising period for its GI Real Estate Essential Tech+Science Fund, with total commitments of $1.45 billion.

The core plus open ended fund, which already surpassed its hard cap, will invest in real estate assets that continuously operate to support the technology and life sciences markets.

The San Francisco-based private equity and real estate investment firm said the fund has purchased eight properties since its launch in 2021.