Publications

Fundraising

To read this full article you need to be subscribed to Newsline.

Start Your Free Trial Now

Marcus Partners raises $44m for value-added fund

by Andrea Waitrovich

Boston-based Marcus Partners has launched a second fund, Marcus Capital Partners Fund II, with a $250 million target, according a filing with the SEC. The value-added fund held a first close on March 20, raising $43.75 million.

The firm’s debut fund, Marcus Capital Partners Fund I, closed in 2009 with $210 million in equity commitments. It pursued diversified investments, including office, bio-medical, medical office and light industrial properties. It can invest up to $400 million in value-oriented real estate or related assets. The company’s target individual deal size ranges from $10 million to $130 million. The fund has focused its efforts on acquiring assets at discounts to replacement cost and normalized value, recapitalizing distressed or overleveraged owners, taking advantage of pending loan matu

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?