Lone Star Funds Raises $5.3B for Distressed Assets

New CEO Donald Quintin Leads Successful Fundraising Effort

Dallas-based Lone Star Funds has closed its 12th opportunity fund, Lone Star Fund XII, at $5.3 billion. The fund will target distressed real estate and other sectors impacted by economic uncertainties. This marks a significant milestone for Donald Quintin, who became CEO in April. Lone Star Funds, with $36 billion in assets under management, aims to leverage this new capital to acquire and manage ailing assets, focusing on value creation through improved management and strategic investment​.