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MWBE Firm Basis Investment Closes $410M First Commingled Fund

Its BIG Real Estate Fund I, L.P., exceeded its $400 million target in capital commitments.

Tammy Jones, founder and CEO of Basis Investment Group LLC Tammy Jones, founder and CEO of Basis Investment Group LLC

NEW YORK CITY—Basis Investment Group, a New York-based certified Minority and Woman-owned business (MWBE), closed its first commingled, closed-ended fund, BIG Real Estate Fund I, L.P. Basis raised $410 million of capital commitments for the fund, which was oversubscribed.

The fund follows seven prior joint ventures and separate accounts which Basis has launched in the last 10 years. With the fund’s closing, Basis has up to an additional $800 million of capital including leverage to deploy.

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Betsy Kim

Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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