Machine Investment Group has held a final close for its Machine Real Estate Fund II (Fund II), the firm’s second flagship investment vehicle. Fund II reached its $350 million hard cap in primary commitments and has raised an additional $120 million in co-investments to date.
Fund II received support from a diverse group of new and returning institutional investors, including public and private pension funds, endowments, foundations, family offices and private investors. Fund II exceeded Machine’s debut fund, Machine Real Estate Fund I, which closed in 2022 with $246 million in primary commitments and $208 million in co-investments.
“We are humbled by the support of our investment partners, including both returning Fund I investors and a number of new institutional relationships, which allowed us to reach our hard cap for Fund II,” said Eric Rosenthal, co-founder and managing partner of Machine Investment Group. “Reaching our hard cap in what continues to be a