‘Locked Up’ Capital Markets Has This Fund Manager Unleashing New Strategy

April 21, 2023

Private equity real estate fund manager Velocis has closed on its latest fund after raising more than $170 million, exceeding its target by more than 70% and putting it in a position to buy a stake in real estate in high-growth markets throughout the world.

The Dallas-based firm’s newly raised fund, Velocis Secondary Partners III, gives it capital to acquire limited partnership interests or stakes in real estate funds and assets through the private secondary market, in which another investor sells a stake in its existing funds and assets. Like other real estate investors, Velocis has a history of investing in high-growth cities throughout the United States.

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