Madison Realty Capital secures strategic minority investment from ICONIQ

KUALA LUMPUR, June 2 (Bernama) -- Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, has announced that ICONIQ Investment Management (ICONIQ) has made a strategic minority investment in the firm that will advance its long-term growth and success.

According to a statement, the terms of the investment were not disclosed.

Madison Realty Capital will leverage ICONIQ’s financial and strategic support to grow its global network of institutional relationships, expand upon its products and augment its team with top talent, while continuing to execute on its core competencies within private real estate debt and equity investing.

Managing Principals and Co-Founders of Madison Realty Capital, Josh Zegen and Brian Shatz said: “We are pleased to establish this strategic partnership, and further our existing relationship with ICONIQ. This investment is a testament to the trust that we foster with our partners and investors.

“ICONIQ’s investing expertise and network are complementary to our own, and we look forward to expanding our footprint across the U.S., developing new relationships with top-tier borrowers, lenders, and developers, and accelerating the growth of our business to the benefit of our global, institutional investor base.”

Meanwhile, Portfolio Manager at ICONIQ, Sam Kurtzman said: “Madison Realty Capital has developed an accomplished institutional platform with nearly two decades of experience investing across market cycles.

“The firm is one of the most active private real estate lenders in the U.S. and we believe continues to differentiate itself as a lender of choice for borrowers seeking flexible financing solutions with certainty of execution.”

Madison Realty Capital’s investment process, management, and day-to-day operations will remain unchanged.

More details at www.madisonrealtycapital.com.

-- BERNAMA