The Funds

As of September 30, 2022, except where expressly noted
Fund Vintage Year1 Fund Size2 Investment Period3 Number of Investments Aggregate Purchase Price4 Number of Assets
Lone Star Value-Add Fund II * 2022 $619 M 57 months 4 $973 M 20
Lone Star Value-Add Fund I 2020 $759 M 30 months 9 $2.2 B 27
Lone Star Real Estate Fund VI* 2019 $4.6 B 51 months 14 $8.6 B 1,433
Lone Star Residential Mortgage Fund II 2019 $761 M 38 months 11 $7.9 B 18,766
Lone Star Fund XI* 2019 $8.1 B 53 months 14 $19.3 B 149,437
Lone Star Fund X 2017 $5.5 B 24 months 15 $18.3 B 44,314
Lone Star Real Estate Fund V 2016 $5.8 B 36 months 13 $9.9 B 78,604
Lone Star Real Estate Fund IV 2015 $5.8 B 13 months 19 $20.6 B 919
Lone Star Residential Mortgage Fund I 2015 $1.3 B 48 months 10 $4.5 B 8,637
Lone Star Fund IX 2014 $7.2 B 31 months 33 $34.1 B 129,870
Lone Star Real Estate Fund III 2013 $7.0 B 19 months 20 $20.6 B 1,314
Lone Star Fund VIII 2013 $5.1 B 13 months 20 $19.1 B 47,436
Lone Star Fund VII 2010 $4.6 B 39 months 32 $11.9 B 22,491
Lone Star Real Estate Fund II 2010 $5.5 B 46 months 30 $14.8 B 2,957
Lone Star Fund VI 2008 $7.5 B 24 months 28 $20.1 B 79,210
Lone Star Real Estate Fund 2008 $2.4 B 24 months 11 $6.2 B 1,324
Lone Star Fund V 2005 $5.1 B 40 months 56 $16.7 B 4,613
Lone Star Fund IV 2002 $4.2 B 34 months 65 $13.1 B 525,577
Lone Star Fund III 2000 $2.3 B 18 months 54 $5.1 B 116,356
Lone Star Fund II 1999 $1.2 B 21 months 35 $2.6 B 12,752
Lone Star Opportunity Fund 1997 $396 M 22 months 47 $1.4 B 733
Brazos Fund 1995 $246 M 15 months 19 $1.3 B 3,878

*Includes committed but not yet closed investments as of September 30, 2022.
(1) Vintage Year is the period during which the Fund first called capital from its respective Limited Partners and/or made substantial investments.

(2) Since their respective fundraises, commitment amounts for certain Funds have been reduced or released. As of September 30, 2022 commitments to Lone Star Fund VII total $4.3 billion, commitments to Lone Star Real Estate Fund II total $4.9 billion, commitments to Lone Star Residential Mortgage Fund I total $674 million and commitments to Lone Star Real Estate Fund V total $2.7 billion.

(3) As of September 30, 2022, Lone Star Value-Add Fund II, Lone Star Real Estate Fund VI and Lone Star Fund XI were in their investment periods. For these funds, the maximum permitted investment period is listed. Investment period refers to the period of time from the formation date to the expiration of the partners’ commitments, subject to certain exceptions outlined in each Fund’s limited partnership agreement.

(4) Aggregate price of assets purchased includes the equity, financing and other sources of capital used and includes amounts for investments committed to close.