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FD Stonewater, a fully integrated real estate investment, development, and brokerage firm, has received a $20 million commitment to the firm’s discretionary FD Stonewater STAR Evergreen Fund from a Top 125 U.S. corporate pension plan.
The STAR Fund launched in late 2022 to pursue a value-add, single-tenant active return (STAR) strategy focused on assembling a diversified portfolio of mission-critical, single-tenant real estate assets in U.S. secondary and tertiary markets across the industrial, government, research and development and office sectors.