Town Lane, co-founded by former Blackstone executive Tyler Henritze, closed its second fund at a $1.9 billion hard cap, surpassing the size of its 2024 debut fund by more than half. The firm reached the hard cap in just five months following the launch of the new vehicle.
The rapid fundraising underscores strong investor appetite for Town Lane's real estate strategy. The debut fund, launched in 2024, set the benchmark that the second fund exceeded in both speed and scale.
With Henritze's experience at Blackstone backing the strategy, Town Lane continues to attract institutional capital. The firm did not disclose specific investment targets or portfolio details for the new fund.
Source: Real Estate Investor · Summarized by HeadlinesBriefing