Fund Managers

Madison Realty approaching $300m target

After struggling to crack $100m in commitments a year ago, the Sullivan Debt Fund is well on its way to closing on its targeted $300m, according to a Texas State Board of Education webcast. 

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Madison Realty Capital has raised in excess of $250 million towards a $300 million target for its Sullivan Debt Fund, according to a webcast from the Texas State Board of Education’s 19 April meeting.

The board approved a $50 million commitment to the vehicle from the Texas Permanent School Fund at the meeting.

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