Starwood Capital Raises $10.2B Fund, Lifting AUM to $130B
STWD•Starwood Capital Group closed its opportunistic real estate fund XIII with over $10.2B in commitments, boosting the firm’s total assets under management to approximately $130B. SOF XIII has already deployed $3B across 20 transactions targeting U.S., Europe and Asia Pacific residential, industrial, data center and hospitality assets.
1. Fundraising Overview
Starwood Capital Group has achieved final closing of its opportunistic real estate vehicle, SOF XIII, with capital commitments exceeding $10.2 billion. This new fund increases the firm’s aggregate assets under management to around $130 billion globally.
2. Strategic Investment Focus
SOF XIII offers flexibility across asset classes and the capital stack, primarily targeting residential, data center, industrial and hospitality opportunities. The fund is focused on transactions in the United States and Europe, with selective investments in Asia Pacific.
3. Implications for Starwood Property Trust
As the manager of the largest U.S. commercial mortgage REIT, Starwood Property Trust stands to benefit from enhanced deal flow and shared resources. The successful fundraising underscores investor confidence and may support additional financing and partnership opportunities for the REIT.
