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Article: Madison Marquette Raises Half Billion Dollar Private Equity Fund.
- Article from:
- PR Newswire
- Article date:
- May 21, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Seeks New Value-Added Retail Real Estate Investment Opportunities in Major Metropolitan Markets
WASHINGTON, May 21 /PRNewswire/ -- Madison Marquette announced today that it has closed on the Madison Marquette Retail Enhancement Fund -- a $487 million private equity vehicle that will invest in retail real estate properties. Madison Marquette will transform these assets into more vibrant and more successful retail and mixed-use destinations.
The Funds' investors include some of the industry's most recognized institutional investors, such as ABP, ColoradoPERS, OhioSERS, PennsylvaniaSERS and Wells Fargo.
"The Fund allows us to greatly extend our ...