Former Blackstone Inc. dealmaker Tyler Henritze’s real estate investment firm raised $1.9 billion for its second fund, surpassing its target by more than 25% despite a shaky recovery for the sector.
Town Lane Management began marketing its latest fund in May and received commitments from US-based investors including endowments, charitable foundations, family offices and pension funds. Investments from the fund will range from $50 million to $300 million.
