SROA Capital Closes Oversubscribed Fund VIII at $650 Million

SROA Capital announced the final closing of its eighth flagship fund, SROA Capital Fund VIII (“Fund VIII”), at $650 million. Fund VIII marks the firm’s largest fund to date, having surpassed its $500 million target. The firm also raised approximately $200 million from limited partners for co-investments alongside Fund VIII. “This success is a testament to the strength of our dedicated self-storage strategy and operating platform we’ve built over the last decade,” said Benjamin S. Macfarland, III, SROA Capital CEO and Founder. “Investors in search of yield have gravitated to self-storage due to its ability to generate consistent growing dividends and to protect against inflation. This is a major reason why storage outperformed other real estate asset classes throughout the Great Financial Crisis and COVID pandemic.”

Read more about SROA Capital’s Oversubscribed Fund VIII on Global Newswire.