Madison International Realty holds $1.7b final close

Madison International Realty has held a final closing of Madison International Real Estate Liquidity Fund VIII, its latest commingled investment vehicle, with $1.7 billion of equity commitments, including side cars, co-investment vehicles and general partner commitments.

“In the midst of a volatile market and an extremely challenging fundraising climate, investors have continued to demonstrate confidence in Madison’s differentiated strategy,” said Ronald M. Dickerman, Madison International Realty founder and president. “We are gratified with the robust support we have received from both returning and new investors for Madison VIII’s capital raise. Madison’s direct secondary investment strategy is targeted to be counter-cyclical, allowing us to leverage opportunities in rapidly changing economic conditions.

“Given our position as a liquidity provider, we have been able to make well-timed investments and increase our allocations to tech-enabled, growth-oriented real estate asset classes,” Dickerman said.

Madison International Realty focuses on the acquisition of ownership stakes in prime properties and portfolios in demographically compelling geographies of the United States, United Kingdom and Europe. Madison VIII is invested or specified in several diversified investments in the multifamily, industrial, cold storage, single-family rental, life science and data center sectors across the United States, United Kingdom and Europe.

Madison VIII investors include endowments, foundations, public and private pension funds, sovereign wealth funds, family offices, insurance companies and high-net-worth individuals in the United States, Europe, Asia, the Middle East and Australia.

For more information about this fund and others, visit the IREI.Q database.