Simpson Thacher represented Madison International Realty (“Madison”) in the establishment of its latest commingled investment vehicle, Madison International Real Estate Liquidity Fund VIII (“MIRELF VIII”), which raised $1.7 billion, including side cars, co-investment vehicles and general partner commitments. MIRELF VIII will continue Madison’s “Direct Secondary Investment Strategy” in the U.S., U.K. and Europe.
Madison is a leading liquidity provider to real estate investors worldwide, providing equity capital for real estate owners and investors seeking to monetize embedded equity, replace capital partners seeking an exit or to recapitalize balance sheets.
The Simpson Thacher team included Steven Klar, Jonathan Karen, Sage Hughes, David Park, Alexander Leicht, Shreya Tallanje, Nicole Papsco, Gabriel King, Jack Larkin, Sherry Liu and Richard Starik (Private Funds); Marcy Geller, Caroline Phillips and Adam Hersch (Tax); Julia Kohen, Michael Gajewsky and Michal Zabadal (Banking & Credit); and Jeanne Annarumma (ERISA).