Machine Investment Group Closes Second Investment Fund at $350 Million Hard Cap
Fund II investment vehicle includes
Fund II received support from a diverse group of new and returning institutional investors, including public and private pension funds, endowments, foundations, family offices and private investors. Fund II exceeded Machine's debut fund, Machine Real Estate Fund I, which closed in 2022 with
"We are humbled by the support of our investment partners, including both returning Fund I investors and a number of new institutional relationships, which allowed us to reach our hard cap for Fund II," said
Machine invests across all major property sectors, primarily in the middle market, and targets value-add, opportunistic, distressed and special situations across the capital structure. The firm's geographic focus includes the top 30 U.S. markets and shadow primary markets.
Representative Fund II investments include a special situations powered land investment in
Incubation Capital Partners served as exclusive placement agent for Machine Real Estate Fund II.
Kirkland & Ellis LLP served as fund counsel.
Prospect Avenue Partners served as a strategic advisor to Machine Investment Group.
About Machine Investment Group
Machine Investment Group (Machine) is a real estate investment platform focused on opportunistic, distressed, and special situations across the United States. Machine invests primarily in the middle market, where its reputation as a reliable counterparty, solutions-oriented approach, and extensive direct sourcing relationships distinguish the firm from the competition. Machine's strict risk discipline, institutional operating processes, and sourcing network have been developed and tested over market cycles, overseen by a senior management team with experience managing investment vehicles totaling ~$2.4 billion. For more information please visit https://machineinv.com/.
This announcement is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security. Any such offer would be made only pursuant to definitive offering documents. The investments referenced above are shown for illustrative purposes only, do not represent all investments made by Fund II, and should not be construed as a recommendation. Past performance is not indicative of future results.
Contact:
Great Ink Communications
212-741-2977
[email protected]
View original content to download multimedia:https://www.prnewswire.com/news-releases/machine-investment-group-closes-second-investment-fund-at-350-million-hard-cap-302854847.html
SOURCE Machine Investment Group
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Hanmi Pharm Signs Exclusive Licensing Deal with Genentech for Novel Obesity Therapy
- Anbogen Therapeutics and The University of Tokyo Enter Collaborative Research Agreement to Evaluate ABT-301 Across Multiple Tumor Types, Targeting Accelerated Human Clinical Indication Expansion
- IBM Study: Sports Fans Want Streamlined Digital Experiences as Platform Choices Expand
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share