Accord Group Raises $105m for US, Western Europe Fund
Accord Group has raised $105m (€101m) for a fund which makes strategic investments alongside real estate managers in the US and Western Europe.
The global real estate strategic investment and capital advisory firm’s debut fund, Accord Catalyst Fund, has so far completed four investments, including investments in the US targeting multifamily properties in gateway markets and, UK deals involving retail-to-residential conversion and for-sale residential investments.
Desi Co, Accord Group’s managing partner and co-founder, said the fund was created to “catalyse the growth of real estate managers in the US and Western Europe by providing both strategic capital and capital advisory expertise”.
Co said: “The Accord Catalyst Fund is emblematic of our efforts to be in a long-term ‘accord’ with sponsors, by providing access to capital in an increasingly challenging and complex environment while serving as a trusted advisor on their strategic and operational needs through multiple cycles.
To read the full article, click here.
ABOUT ACCORD CAPITAL PARTNERS LLC
Accord, through its affiliates, is a global capital advisor, principal investor and investment manager. With its headquarters in San Francisco and personnel in Chicago, London, Hong Kong and Seoul, Accord engages with a wide variety of participants in the real estate private equity industry. Accord Capital Partners, its broker/dealer affiliate, provides advisory and capital raising services in the United States. Accord Europe Limited, its broker/dealer affiliate, provides advisory and capital raising services in the United Kingdom and Europe. For further information on Accord, visit: www.accord-group.net.