As technology accelerates demand for asset classes from logistics to digital real estate, Centerbridge Partners is eager to deploy capital. 

On Tuesday, it announced that it has closed its second real estate fund.

The Centerbridge Partners Real Estate Fund II, with $2.3 billion in capital commitments, is significantly above the original target of $1.5 billion. The fund received strong support from a diverse group of existing and new investors across the globe.

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