South Street Partners, a private equity real estate investment firm, has closed SSP GP Fund I.
The fund raised over $225 million, significantly exceeding an original target of $100 million.
“The current environment and demographic trends create significant opportunities for the Fund’s investment strategy,” said Patrick Melton, managing partner of South Street. “We believe our history of sourcing and executing a wide range of complicated transactions throughout various stages of the market cycle while providing excellent returns to our investors over the last decade is one of the main reasons investor appetite was so strong.”