ACORE CAPITAL has held a final close of ACORE Opportunistic Credit II (AOC II), its second dedicated fund for opportunistic credit investments with $1.1 billion of commitments, exceeding its $1 billion target.
ACORE launched its Opportunistic Credit strategy in 2020 with ACORE Opportunistic Credit I, building on the firm’s longstanding real estate credit platform, deep underwriting expertise and borrower relationships to pursue potentially higher yielding opportunities across the commercial real estate market.
“For more than a decade, we have built our business around the ability to navigate market cycles, identify where capital is most needed and deploy it with discipline. At a moment of significant dislocation across commercial real estate, we believe our experience, relationships and capabilities position us to capitalize on the market opportunity and continue delivering for our investors," said Warren de Haan, CEO and co-founder of ACORE CAPITAL. “The strong
