- Madison Realty Capital recently announced it raised over $2 billion for Debt Fund V LP. These are the details.
Madison Realty Capital recently announced the final close of Madison Realty Capital Debt Fund V LP, raising $2.08 billion in equity commitments, exceeding the fund’s $1.75 billion targets.
Fund V had received significant support from existing investors as approximately 70% of the institutional LPs in Madison’s prior fund re-upped into Fund V. And additionally, 52% of the capital committed for Fund V came from new limited partners, both domestically and abroad.
Madison’s global and institutional investor base has historically included public and corporate pension plans, sovereign wealth funds, endowments and foundations, insurance companies, family offices, and high net worth individuals located in the United States, the Middle East, Europe, and Asia. Madison has now expanded its investor presence to include Australia, Latin America, and Canada, as well as new regions within the Middle East, Europe, and Asia.
Plus Fund V expands on Madison’s investment strategy to serve as a single source of customized flexible financing solutions for borrowers’ unique needs providing them with speed and certainty of execution. Fund V originates and acquires loans across asset classes including multifamily, mixed-use, retail, office, industrial, land, and hotel. Madison invests in transitional and special situation loans as well as provides financing for ground-up development and construction.
Last year, Madison completed 72 transactions with a gross transaction volume of approximately $6.4 billion across all of its debt investment strategies.
Madison Realty Capital Debt Fund IV LP held the final close in 2019 and raised $1.14 billion in equity commitments. Since its inception, Madison has completed approximately $20 billion in debt and equity transactions.
KEY QUOTE:
“Our extensive experience through multiple cycles over the past 17 years is what led both existing and new investors to place their confidence in Madison during this unprecedented time. We are grateful for the trust they have placed in our team, and look forward to continue executing on our investors’ behalf.”
— Adam Tantleff, Managing Principal of Madison Realty Capital
