Fenway Capital Partners LLC, a Boston-based private equity firm that invests in real estate and restaurants, is in the process of raising a new $100 million fund, according to regulatory filings. Private equity real estate has experienced a surge of capital over the past decade, as institutional and private investors seek higher yields.

The goal of $100 million was listed on a regulatory filing with the Securities and Exchange Commission on October 7, 2015.

“Boston’s real estate market is one of the most thermogenic in the country, with most of that demand coming from renters between the ages of 20 and 35,” said Gary J. Kovner, Managing Partner of Fenway Capital Partners LLC.

Fenway Capital Partners LLC develops new or rehabilitates old residential and commercial properties for rental or for sale. Their aim is to provide out-of-the-ordinary and environmentally friendly places to live and work at reasonable prices and to give their tenants responsive and professional services. Fenway Capital Partners LLC creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities.

The Boston region is without a doubt in the midst of one of its biggest residential building booms in living memory. Most of these proposed and under-construction residences are apartments; and most of those apartments are on the luxury end. In many other markets, apartment building is booming to try to keep up with the demand created by the under-35 crowd, but Boston’s apartment pipeline is relatively unhurried compared to the vigorous condominium development. That’s driving up rents of the apartments that are going up, and in turn driving young families and those 35 and older outside of the Boston and Cambridge metro areas in search of more affordable housing.