Accord Group achieves final close for first institutional commingled fund

Accord Group, a global real estate strategic investment and capital advisory firm, has closed its first institutional commingled fund with around $105 million in equity commitments. The capital came from institutional investors representing pension funds, sovereign wealth funds, and fund-of-funds based in the United States, United Kingdom and Europe.

The Accord Catalyst Fund was established to catalyze the growth of real estate managers in the United States and Western Europe by providing both strategic capital and capital advisory expertise, according to Desi Co, managing partner and co-founder of Accord Group.

“The Accord Catalyst Fund is emblematic of our efforts to be in a long-term ‘accord’ with sponsors, by providing access to capital in an increasingly challenging and complex environment while serving as a trusted advisor on their strategic and operational needs through multiple cycles,” said Co. “By combining these capabilities, we aim to deliver to r