FormDSignal
37

iCapital-Fortress Net Lease REIT Offshore Access Fund files amendment after raising $59.67M

Fund raise update · Real estate · Open-ended · NEW YORK, NY · Form D/A filed 2026-10-26 · sponsor: iCapital

iCapital Advisors manages an indefinite-offering offshore real estate fund incorporated in the Cayman Islands in 2025. The fund has raised $59.67M from 34 investors since first sale in April 2026.

Note: Offshore Cayman Islands fund; Regulation 6(b) exemption indicates institutional/qualified-purchaser structure.

Capital closing nowReal estateFund of funds

How this compares

  • Across 38 real estate sponsors with more than one launch on EDGAR, the median gap between consecutive funds is 6 months.

Computed from every Form D fund launch on EDGAR since late 2024, not sampled. Amounts are the stated offering size; indefinite offerings are excluded.

Raise progress

Sold rose to $59.7M (+$59.7M, +34 investors) in 432 days since the previous filing.

FiledFormSoldInvestorsChange
2025-08-20D$00
2026-10-26D/A$59.7M34+$59.7M

Amount sold and investor count as restated on each of the issuer's Form D filings. A rise since the previous filing is capital closed in between.

iCapital on EDGAR

Earlier and related filings by the same issuer and sponsor.

Registered adviser

name match

ICAPITAL, LLC

Registration
SEC-registered adviser · since 2002-10-18
Regulatory AUM
$1.5B
Employees
9
Private funds on Form ADV
No
Office
Boston, MA

Website and main-office phone from Form ADV. Subscribe to unlock

Incumbent service providers

This adviser reports no private funds on Form ADV, so a new fund here is its first: no incumbent administrator, auditor or custodian to displace.

Other Form D filings by this adviser

12 other filings on EDGAR under this adviser, with size, strategy and date. Subscribe to unlock

People on the filing

- iCapital Advisors, LLCPromoter
Agne MillerDirector
Maxine JonesDirector
Michael StantonExecutive Officer

[email protected] · observed Work emails for the people on the filing, where the firm publishes or patterns them, labelled by confidence — subscribers

Signed by Michael Stanton, Authorized Signatory of the Investment Manager of the Issuer.

Why now — by persona

  • Fund audit & tax:A concrete reason to call this issuer this week, citing the filing. Subscribe to unlock
  • Fund administrator:A concrete reason to call this issuer this week, citing the filing. Subscribe to unlock
  • Placement agent / capital introduction:A concrete reason to call this issuer this week, citing the filing. Subscribe to unlock
  • Custodian / prime broker:A concrete reason to call this issuer this week, citing the filing. Subscribe to unlock

Filing contact

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