News Article

Benson Capital Partners Raises $50 Million for New Gulf Coast Real Estate Fund

Gayle Benson waving

January 19, 2023 — Benson Capital Partners, the investment firm launched by Saints and Pelicans owner Gayle Benson in 2019, has raised $50 million from local investors for a new real estate investment fund focused on New Orleans and the Gulf Coast.

Benson Capital Real Estate I, LP, as the fund is called, officially closed earlier this month, with investments of $10 million from Gayle Benson personally and $40 million from 10 other investors.

It’s the second fund for Benson Capital. In 2020, the firm created the Benson Capital Fund I and a $56.5 million venture capital firm, which it has since invested in 12 regional startup companies with a heavy tech focus.

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