SWBC to Launch $200M Real Estate PE Fund

San Antonio-based SWBC Investment Co. has announced a series of private real estate funds. The first of these funds, SWBC RE FUND I, is now open to certain qualified investors, with a goal of raising $200 million in equity.

The fund will provide investors an opportunity to participate in a portfolio of newly developed multi-family assets and certain value-add real estate opportunities principally located in the state of Texas.

“We continue to find opportunities to develop Class A multi-family properties throughout the state of Texas, and we believe that this fund will allow our team to provide value for our qualified investors, as well as our business partners,” said Charlie Amato, SWBC Chairman and Co-founder.

SWBC RE FUND I will leverage the firm’s experience in developing and selling multi-family properties within close proximity to one of the four major markets within the state – Dallas-Fort Worth, Houston, Austin and San Antonio.

“SWBC Real Estate is excited about this partnership opportunity with SWBC Investment Company for this new real estate fund,” said Stuart Smith, COO at SWBC Real Estate. “This partnership will allow SWBC Real Estate to focus on the assets that we develop and operate while allowing the investment team to focus on the investors. This structure is different from many other real estate funds, as we will have our own in-house real estate group and the fund manager under the same corporate umbrella.”

SWBC provides financial institutions, businesses, and individuals a wide range of services, including insurance, mortgages, wealth management and employee benefits.