Meadow Partners launches third fund
Meadow Partners is marketing its third real estate fund, according to a filing with the SEC. Meadow Real Estate Fund III has a $500 million fundraising target.
The opportunistic fund follows the firm’s recently closed Meadow Real Estate Fund II, which closed in October 2013 with $320 million. It invests exclusively in London and New York City. At the time of closing, 50 percent of Fund II’s capital was committed into investments.
Meadow Partners manages a series of closed-end private equity funds on behalf of institutional clients. To date, Meadow Partners has raised in excess of $500 million of equity for its investment strategies and has been involved in the acquisition and/or recapitalization of more than $1.5 billion of real estate assets in its target markets wit