Legal & General (L&G) announced its strategic investment in Boston-based, global real estate private equity firm, Taurus Investment Holdings (Taurus), alongside an initial commitment of up to $200m in seed capital to multifamily.
Taurus has expertise in the acquisition, development, financing, leasing and selling of multifamily and industrial real estate assets across the United States and select global markets, including Germany and the United Kingdom, totaling more than $11 billion in value to date. Taurus has a track record of implementing value-add investment strategies, including decarbonization solutions such as deep energy retrofit and geothermal networks.
This strategic partnership with Taurus accelerates L&G’s ambitions in the region, adding real estate equity capability in multifamily and industrial, and enhances its established development proposition in U.S. real estate via its joint venture with Ancora – a U.S. real estate developer committ
