Jackson Walker Represents Velocis in Formation of $270 Million Real Estate Private Equity Fund

July 23, 2016 | Client Results

Velocis has raised in excess of $270 million in capital commitments for Fund II and expects that Fund II will have approximately $920 million in purchasing power, after incorporating co-investment equity and moderate leverage. Investors include high net worth individuals, large family offices and institutional investors in the United States, Mexico and Japan.

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, D.C. metropolitan area.

Velocis is represented by a Jackson Walker team led by Cale McDowell and including Cade Satterfield, Ron Kerridge, Nate Smithson, Jim Griffin and Dan Nossa, among others.

Jackson Walker’s private equity and fund formation group is an interdisciplinary team of attorneys offering a comprehensive suite of legal services to private equity fund sponsors and other participants in alternative investment transactions. Jackson Walker advises domestic and foreign private equity sponsors of all strategies, including buyout, venture capital, real estate, oil and gas, credit and lending funds at every stage of the investment fund life cycle.

Read more about the Velocis Fund II:

Dallas property investment fund plans to buy more than $900 million in real estate (Dallas Morning News)

Velocis Closes PE Real Estate Fund With Over $270M In Tow (Law 360)

Velocis collects over $270 mln for second fund (The PE Hub Network)

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Nathan T. Smithson
Partner, Dallas