MacFarlane Partners closes $1b fund.MacFarlane MacFarlane or Macfarlane is a surname shared by:
Urban Fund II is pursuing an investment strategy that MacFarlane Partners pioneered a decade ago on behalf of institutional investors: developing, redeveloping and repositioning repositioning Laparoscopic surgery The changing of a Pt's position during a procedure to improve access or visualization of the operative field, which may be linked to complications, as it changes anatomic planes of operation. Cf Laparoscopic surgery. properties in urban and high-density suburban areas nationwide that promote "smart growth" and urban revitalization. The fund, which has an expected investment term of eight years, is targeting a leveraged total return of 16%+ for its limited partners, net of management fees. With leverage, it has a total capitalization Total capitalization
The total long-term debt and all types of equity of a company that constitutes its capital structure.
See capitalization. of approximately $4.0 billion.
"MacFarlane Partners was the first to offer institutional investors an investment program focusing exclusively on urban development and redevelopment, and we did so at a time when urban property markets were an unknown frontier for many investors," said Victor B. MacFarlane, managing principal, chairman and chief executive officer of MacFarlane Partners. "In the ensuing en·sue
intr.v. en·sued, en·su·ing, en·sues
1. To follow as a consequence or result. See Synonyms at follow.
2. To take place subsequently. years, the Years, The
the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109]
See : Time success of our investments has proven that the urban concept is a viable strategy for achieving high risk-adjusted returns."