IU Students Raise $7.8M Second Fund, Growing Real Estate Investing Club to $12M

Indiana University's Kelley School raised $7.8 million for its second student-run real estate investment fund, bringing total money managed across two funds to about $12 million. The first fund launched in January 2023 with $4.2 million, all spent on actual property deals. It's reportedly the largest fund of its kind run by undergrads.