Miami, Jan 8, 2021 (Issuewire.com) - Miami-based boutique private equity firm Northcap Partners Is set to launch a new real estate fund for investors in South Florida.
The fund is a feeder fund that will launch in February 2021 and will continue to invest in real estate opportunities in Florida.
The strategy feeds into two funds managed by the firms, Reyco Capital Growth Fund and Reyco Capital Growth Fund II, which both invest in Florida-based real estate projects.
The fund will be available to investors nationwide and has a minimum threshold of $250million, according to Michael Reynoso, A managing principal at Northcap Partners.
Northcap Partners' in-house team is also distributing the fund in Latin America and the fund is being managed by the firm's own team of portfolio managers.
The fund is being administered by NY -based fund manager Reyco Equity Partners - Asset Management.
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