Sabal Investment Authority has held a $200 million final close for its first private capital vehicle, the SIA Debt Opportunities Fund. The fund exceeded its $100 million fundraising target.
Led by chief investment strategist, Pat Jackson, and the SIA senior management team, the fund will benefit from the extensive commercial real estate investment and operating experience of the senior management team and its affiliates’ national commercial real estate platform and proprietary lending technology called SNAPTM, designed for brokers and facilitates a predictable and transparent alternative to traditional lending.
SIA Debt Opportunities Fund will invest in real estate debt secured by U.S. properties. The fund has received capital commitments from multiple investors so far, including $50 million from the Regents of the University of Michigan last year.
