Madison Closes Largest International Fund, Exceeds Target

Madison International Realty closed its Liquidity Fund VI with $1.4 billion in equity commitments.

Ronald Dickerman, Madison International RealtyRonald Dickerman, Madison International Realty

New York—With an expanded diverse institutional investor base, Madison International Realty has closed its largest fund with $1.39 billion in equity commitments, well above its $950 million target.

Ronald Dickerman, Madison’s founder & president, said the global roster of institutional investors for Madison International Real Estate Liquidity Fund VI LP included endowments, foundations, public and private pension funds, sovereign wealth funds, family offices, insurance companies and high net worth individuals from Europe, Asia, the Middle East, Australia and the U.S. The fund launched in March 2015.

“The success of the Fund VI capital raise demonstrates the confidence investors have placed in Madison’s highly differentiated direct secondary investment strategy, which targets ownership stakes in prime commercial properties and portfolios in capital cities of the U.S., U.K., and Western Europe,” Dickerman said in a statement. “Our strategy is proven to produce asymmetric returns in numerous economic cycles, with minimal volatility.”…

Madison Closes Largest International Fund, Exceeds Target

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