Madison launches sixth fund with $950m target
Madison International Realty has a sixth fund in the market, seeking to raise approximately $950 million. The firm declined to comment on its fundraising.
Madison International Real Estate Liquidity Fund VI is a global fund with a core-plus and value-added strategy. It will invest directly in global real estate in the CBD office, multifamily and retail sectors.
Madison International Real Estate Liquidity Fund V closed in April 2014 with $825 million of equity commitments from a global roster of institutional investors. The fund exceeded its $750 million equity target.
Madison specializes in acquiring partial ownership and joint venture interests in class A properties and portfolios in primary markets in the United States, United Kingdom and Western Europe.
The firm closed Madison International Real Estate Liquidity Fund IV with $510 million of