Atlantic Equity Partners, an impact-minded real estate private equity firm that invests in value-add hotels, has launched its Fund II, which will deploy capital to acquire and sustainably redevelop hospitality real estate with a double-bottom-line approach. The new fund will target a fundraise of $150 million-plus from limited partners globally, with $25 million in capital already committed.
Fund II seeks to capture the tremendous opportunity offered by the current macroeconomic backdrop of a cooling global economy, high interest rates and softening commercial real estate valuations to continue investing in hotels and related properties, which was also the focus of the firm’s first fund. Atlantic Equity Partners plans to source exceptional properties in highly desirable markets under unique circumstances, acquiring them at an attractive discount and unlocking immediate upside through repositioning. Then, the firm will upgrade and decarbonize the properties to capitalize on
