Landfair Capital closes inaugural fund

Landfair Capital, an independent investment firm specializing in providing liquidity solutions in European real estate markets that are underserved by traditional sources of capital, has announced that it has closed its inaugural fund, Landfair EDO.

Landfair EDO provides innovative and structured capital solutions for assets across Europe, with a focus on markets in Germany, Ireland, the United Kingdom and Spain.

Founded in 2020 by Jonathan Fragodt and Stefan Jaeger, Landfair specializes in identifying areas of inefficiency or dislocation within key European markets, including nonperforming loans and distressed debt, credit and hybrid strategies, as well as other special situations.

Landfair expects to deploy capital to European real estate opportunities valued at more than €400 million ($435.4 million) during the investment period of the fund.

Investors in the fund include B-Flexion, an anchor investor, as well as institutional investors from Europe an