Roxborough Group’s $518 Million Fund Closing

Goodwin Procter advised Roxborough Group on the deal.

Roxborough Group announced the final closing of its latest value-add fund, Roxborough Fund III, L.P. with capital commitments of just over $518 million, which is above the fund’s original hard cap. Fund III’s institutional investors include endowments, corporate pensions, public pensions, asset management firms, consultants and family offices. Fund III will rely on the firm’s deep relationships and continue the successful value-add strategy employed in previous funds.

The Roxborough Group is a private real estate investment firm founded in 2013. Headquartered in San Francisco, California, the firm has a broad mandate to invest in all real estate asset classes, both directly and with operating partners.  Roxborough has a track record of investing in a myriad of real estate asset classes, with a primary focus on industrial, office, rental residential and hospitality related properties.  The firm employs a disciplined top-down approach to its internal investment themes, mitigating risk through sector and market diversification. 

The Goodwin team was led by John Ferguson (Picture), Vineeta Nangia and David Patton.

Involved fees earner: John Ferguson – Goodwin Procter; David Patton – Goodwin Procter;

Law Firms: Goodwin Procter;

Clients: The Roxborough Group;

Author: Martina Bellini