Fifth Wall, a Los Angeles, CA-based venture capital firm focused on innovation for the global real estate industry, closed its $100m Retail Fund.
Backed by many of the largest retail real estate owners and service providers in the US and globally, including Acadia Realty Trust, Cushman & Wakefield, Macerich, and Nuveen Real Estate, the fund will seek to invest in emerging brands and retail concepts to accelerate their brick-and-mortar expansion through retail partnerships with Fifth Wall’s strategic consortium of more than 50 corporate strategic investors from 11 countries.
As part of the Retail Fund’s investment mandate, the firm works to help new brands and retail concepts navigate the complexities of offline expansion through its deep real estate expertise and its network of more than 50 strategic real estate investors from around the world. At the same time, the vehicle aims to help its retail real estate owners build relationships with brands at a much earlier stage.
Kevin Campos, Partner, Fifth Wall, leads the Retail Fund’s investments in omnichannel brands.
Founded in 2016, Fifth Wall has approximately $1 billion in assets under management.