January 31, 2020
Edge Principal Advisors, a real estate investment management firm headquartered in New York City, announced the final closing of its fourth real estate fund, Edge Principal Investments IV, L.P. Fund IV closed with aggregate commitments totaling more than $560 million.
Jeffrey Walker and Evan Mallah founded Edge in 2008 to focus on opportunistic and value-add real estate in strong growth markets throughout the United States. Since its inception, Edge has invested over $1 billion of equity, both with operating partners and on a direct basis.
“Fund IV is already approximately 25% committed across seven transactions, and we see compelling opportunities ahead,” said Mallah. The latest fund attracted commitments from a broad set of investors including endowments, fund-of-funds, foundations, family offices and not-for-profit organizations.
Goodwin Procter LLP served as Edge’s legal advisor. No placement agent was used.
Pictured: Edge headquarters in Midtown Manhattan.
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