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Ex-Blackstone dealmaker's real estate firm raised $1.9 billion for second fund

The Town Lane Management fund received commitments from U.S. endowments, foundations, family offices and pension funds

Bloomberg / Getty Images

Town Lane Management, the real estate investment firm founded by former Blackstone dealmaker Tyler Henritze, raised $1.9 billion for its second fund, according to Bloomberg. The total exceeded the fund’s target by more than 25%.

The firm opened fundraising in May, drawing pledges from pension plans, family offices, endowments and philanthropic foundations based in the U.S., according to Bloomberg. Each deal the fund makes will be sized between $50........

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