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- Meadow Partners Raises $530 Million for Fund VI
Meadow Partners Raises $530 Million for Fund VI
Slice of Real Estate Team
June 30, 2024
Key Highlights:
Meadow Partners raises $530 million for Fund VI and co-investment vehicles.
Diverse investor base includes public pension plans and university endowments.
Fund VI targets residential, industrial, and retail real estate in New York City, London, and other major markets.
$95 million of equity already committed to 10 investments.
Founder Jeffrey Kaplan highlights robust investment pipeline and investor confidence.
Source (Business Wire)
Notable Quote:
"We are grateful for the positive response we received for our flagship strategy from a sophisticated group of new and existing investors. Their continued confidence reflects Meadow’s differentiated investment approach and experienced team with deep-rooted relationships. In a challenging market environment, Fund VI has already completed numerous investments across our target markets and we have a robust pipeline of compelling opportunities. We look forward to continuing to implement our time-tested investment strategy as we seek to generate attractive returns for our investors."
Our Take:
The successful capital raise by Meadow Partners for its sixth flagship fund underscores the firm's robust investment strategy and strong market reputation. With $530 million in new commitments, including substantial backing from public pension plans and university endowments, Meadow Partners is well-positioned to capitalize on opportunistic investments in both the U.S. and U.K. The firm's granular approach to sourcing unique investment opportunities and its proven track record in real estate investment make it a formidable player in the middle-market real estate private equity space. Jeffrey Kaplan's leadership and the firm's ability to navigate challenging market conditions further reinforce investor confidence in Meadow Partners' strategic vision and execution capabilities.