NEW YORK, Aug. 4, 2020 /PRNewswire/ -- HFZ Capital Group (HFZ) and Lionbridge Capital LP announce the launch of a new real estate fund, which will invest in publicly traded real estate securities that are currently undervalued. The partnership, known as HFZ Lionbridge LP, plans to strategically grow the fund over time and will leverage the two firms' expertise in both the private markets and the public markets to invest opportunistically across the listed real estate landscape. HFZ, Lionbridge Capital LP and other partners provided the initial seed money for the fund which will be open-ended, targeting several hundred million dollars.