Fundraising - FEBRUARY 28, 2013

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

Sign in Start Your Free Trial Now View Purchase Options

Paladin holds $75 million first close for Latin America fund

by Andrea Waitrovich

Paladin Realty Partners has held a $75 million first close for its fourth Latin America fund, Paladin Realty Latin America Investors IV (LatAm IV). The opportunistic fund launched pre-marketing discussions with existing investors in 2012 with a $400 million fundraising goal.

The equity raised for the $75 million initial closing was from existing investors. Another $100 million of commitments have been approved to date from existing investors. The fund will officially launch its marketing campaign in March. An expected final closed date is at the end of 2013.

The vehicle will continue the firm’s 15-year investment strategy that to date has spanned more than $5 billion of assets in seven countries across Latin America.  LatAm IV will invest 60 percent of its capital in low- and middle-income for-sale housing projects and the remaining capital in opportunistic commercial real estate investments, p

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy