New Fund Launches for the Second Half of February

In the fast-paced world of asset management, staying abreast of industry trends and competitor activities is crucial. Recognizing this need, we’ve distilled the latest information from Form D filings into a concise list of new fund launches.

Please note: Form D filings are a probable indication of a new fund launch, but not definitive. For thorough understanding, further research is recommended.

Our focused approach ensures that you gain valuable insights for competitive analysis and trend spotting, without the clutter of irrelevant and stale data. This list serves as a tool for keeping your finger on the pulse of the market, helping you make informed decisions and strategize effectively.

Learn more information about any of these strategies in Dakota Marketplace!

Stoneweg Launches Workforce Housing Fund I

According to the SEC Form D filing, Stoneweg US, a real estate firm based in St. Petersburg, Florida and led by Patrick Richard, launched their Stoneweg Green Gen Workforce Housing Fund I, a private real estate fund, on January 18, 2024. Stoneweg is a boutique real estate firm that has been doing multifamily real estate investing with an ESG tilt since 2016, this does appear to be their first approach into Workforce. 

PGIM Launches Energy Partners Fund II

According to the SEC Form D filing, PGIM, the $1.5 trillion firm launched their PGIM Energy Partners Management Fund II, a energy mezzanine fund on January 17, 2024. PGIM’s Private Capital business is now up to $97 billion AUM and over 200 investment professionals.

Hull Street Energy Partners III

Washington DC based Hull Street energy launched their third fund in the energy transition space. A women owned firm founded by Sarah Wright, a Goldman Alum with 25 years of investment management experience in commodities. Fund 2 closed in spring of 2022 with over $1.1 billion in assets.

Fisai Investments launched FiSai Fund 1. 

Fisai is led by former leaders from Deutcshe Bank and Fortress and is a cannabis focused firm based in San Francisco. According to the Form D, their first close was about $65 million.

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