Machine Investment Group Hits $350m Hard Cap Fund II Close, 42% Above Debut Vehicle Size
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Machine Investment Group hits $350m hard cap Fund II close, 42% above debut vehicle size
Machine Investment Group has increased the primary capital in its flagship real estate strategy by more than 40%, closing Machine Real Estate Fund II at its $350m hard cap. The post Machine Investment Group hits $350m hard cap Fund II close, 42% above debut vehicle size appeared first on AltAssets Private Equity News.
Machine Investment Group Closes Second Fund at Hard Cap of $350M
Machine Investment Group, LP, a New York City-based real estate investment platform focused on opportunistic, distressed and special situations across the U.S., reached the final close of Machine Real Estate Fund II, the firm’s second flagship investment vehicle. Fund II reached its $350 million hard cap in primary commitments and has raised an additional $120 million in co-investments to date. Fund II received support from a diverse group of ne…
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