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MLG Capital Closes One Fund, Launches Another

Fund III has diversified investments in more than 3,200 multi-family units and more than 2.2 million commercial square feet with locations across several states.

MLG Capital CEO and principal Timothy J. Wallen MLG Capital CEO and principal Timothy J. Wallen

MILWAUKEE, WI—Locally-based MLG Capital reports it will close by the end of this month its targeted $100-million MLG Private Fund III and shortly thereafter will launch its new MLG Private Fund IV on Oct. 1.

“We’ve had overwhelming interest in Fund III. Originally, we targeted to raise $100 million of equity. We maintained the ability to raise up to $150 million of total equity. We think we will land somewhere in the $135- million to $140-million range proving our investors truly love what we are doing”, says David Binder, VP of MLG Capital.

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John Jordan

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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