DALLAS— Velocis Fund II has closed with equity commitments exceeding $270 million, according to Velocis, a private equity real estate manager. This brings Fund II assets under management to $400 million. “We believe our industry experience, relationships and proven ability to unlock value in select real estate assets were integral to a successful Fund II capital raise,” said Fred Hamm , Velocis managing principal. “In the six short years since Velocis was formed, we have raised approximately $415 million, leading to the acquisition of 21 assets across 10 markets. We are grateful for the support of our investors and look forward to continuing our success as we secure assets, create value and maximize the return for our investors.” The current equity commitments provide Fund II with $775 million in purchasing power, incorporating moderate leverage. Management anticipates raising an additional $50 million of co-investment equity from investors, giving Fund II approximately $920 million in purchasing power. Fund II is currently 27% invested and is continuously sourcing new assets for purchase. Hamm tells GlobeSt.com: “Velocis Fund II is pursuing a value-add investment strategy across 10 markets and four product types. We believe that this diversified approach, combined with our experience and industry relationships, allows us to source unique opportunities that align with our overall strategy. As we continue to invest our capital over the next three years, we plan to use this flexibility to our advantage in order to secure the best possible opportunities.” Fund II is pursuing a value-add strategy focused on traditional office, medical office, data center and retail properties in select US growth markets. The Fund targets under-managed and distressed assets in the $20 to $70 million range. Fund II has purchased five assets and anticipates securing approximately 20 properties during a three-year investment period. The Fund is specifically sized to acquire a diversified portfolio of assets that may be too large for individual investors, but too small for many large institutional investors. Investors include high-net-worth individuals, large family offices, and institutional investors in the United States, Mexico and Japan. Velocis Fund II is led by a team of five seasoned principals who are directly responsible for the acquisition, asset management and disposition of assets. Joining Hamm as principals in Fund II are Mike Lewis, David Seifert, Paul Smith and Jim Yoder . Velocis has been active in real estate investment since launching Velocis Fund I in 2010. Since then, Velocis has raised approximately $415 million of equity commitments and purchased 21 assets located in Arizona, Colorado, Texas, Georgia, Florida, North Carolina and the Washington DC metropolitan area.

Lewis DALLAS— Velocis Fund II has closed with equity commitments exceeding $270 million, according to Velocis, a private equity real estate manager. This brings Fund II assets under management to $400 million. “We believe our industry experience, relationships and proven ability to unlock value in select real estate assets were integral to a successful Fund II capital raise,” said Fred Hamm , Velocis managing principal. “In the six short years since Velocis was formed, we have raised approximately $415 million, leading to the acquisition of 21 assets across 10 markets. We are grateful for the support of our investors and look forward to continuing our success as we secure assets, create value and maximize the return for our investors.” The current equity commitments provide Fund II with $775 million in purchasing power, incorporating moderate leverage. Management anticipates raising an additional $50 million of co-investment equity from investors, giving Fund II approximately $920 million in purchasing power. Fund II is currently 27% invested and is continuously sourcing new assets for purchase. Hamm tells GlobeSt.com: “Velocis Fund II is pursuing a value-add investment strategy across 10 markets and four product types. We believe that this diversified approach, combined with our experience and industry relationships, allows us to source unique opportunities that align with our overall strategy. As we continue to invest our capital over the next three years, we plan to use this flexibility to our advantage in order to secure the best possible opportunities.” Fund II is pursuing a value-add strategy focused on traditional office, medical office, data center and retail properties in select US growth markets. The Fund targets under-managed and distressed assets in the $20 to $70 million range. Fund II has purchased five assets and anticipates securing approximately 20 properties during a three-year investment period. The Fund is specifically sized to acquire a diversified portfolio of assets that may be too large for individual investors, but too small for many large institutional investors. Investors include high-net-worth individuals, large family offices, and institutional investors in the United States, Mexico and Japan. Velocis Fund II is led by a team of five seasoned principals who are directly responsible for the acquisition, asset management and disposition of assets. Joining Hamm as principals in Fund II are Mike Lewis, David Seifert, Paul Smith and Jim Yoder . Velocis has been active in real estate investment since launching Velocis Fund I in 2010. Since then, Velocis has raised approximately $415 million of equity commitments and purchased 21 assets located in Arizona, Colorado, Texas, Georgia, Florida, North Carolina and the Washington DC metropolitan area.

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Asset Value Integral as Velocis Fund II Closes

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