Longpoint Closes $940M Institutional Fund 

Boston’s Longpoint has closed its third institutional fund, Longpoint Fund III, L.P. (Fund III), with commitments of approximately $940 million, exceeding its original $750 million target. These markets include Atlanta, Boston, Dallas, New York/New Jersey, South Florida, Southern California, and Washington D.C./Baltimore. 

“The fund will serve our logistics clients by creating functional warehouse nodes close to population centers,” said Dwight Angelini, managing and founding partner at Longpoint. “We leverage proprietary analytical tools, established relationships, and deep industry and market experience to acquire underperforming industrial assets in supply-constrained infill locations and then upgrade them to meet modern logistical standards.” 

With over $2.1 billion invested in 100+ transactions, Longpoint’s team has managed over $10 billion in real estate assets in the fund’s target markets. Hodes Weill Securities, LLC acted as the fund’s placement agent, securing investments from various global institutions. 

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