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NEW YORK CITY-Locally based Giuliani Partners LLC and Berman Enterprises LP have partnered to pursue investment opportunities in the real estate sector through the Berman Enterprises Opportunity Fund. Anticipated investments in the Fund will likely total between $500 million and $750 million, of which Berman Enterprises is supplying at least 10%.

Giuliani Partners is a management consulting firm founded by former New York City Mayor Rudolph Giuliani, with experience in urban planning, economic development, real estate, and global management consulting. According to Giuliani Partners, it will leverage its industry expertise to source deals and add value to portfolio properties.

Berman Enterprises, a Washington, DC-based real estate development company, will utilize industry knowledge and track record of success in capital markets to structure the transactions and enhance the value of the investments.

“We look forward to working with our colleagues at Berman Enterprises to investin promising real estate opportunities,” says Giuliani, chairman and CEO of the company, in a prepared statement. “We will utilize all our experience, together with Berman Enterprises, to bring value to our new partnership.”

Geoffrey Hess, managing director of Giuliani Partners, adds that “we are excited about having found a world-class real estate partner, and we particularly look forward to participating with them in the opportunities that are introduced to us throughout the year.” Hess and Anthony Carbonetti, also a managing director, will manage this partnership for Giuliani Partners.

Jeffrey Berman of Berman Enterprises says in a prepared release that “we are excited to be associated with Giuliani Partners and their global experience and deal-making ability. We believe that the time is right to leverage our industry experience and strong capital position with their ability to introduce proprietary opportunities and provide expert advice to our portfolio companies to bring superior returns.” Berman was unable to answer further queries by deadline.

Further queries to Giuliani Partners were also unanswered by deadline. Giuliani founded Giuliani Partners as a management and consulting company shortly after leaving City Hall in 2002. Over the past year, as he competed in the Republican primary for president, he was reportedly largely absent from his company and is now back full time.

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