SCCP's real estate PE fund tops $400 mln in investments, firm plans new fund launch in 2014
Canadian private equity firm Second City Capital Partners (SCCP) has closed off its real estate-focused fund, Second City Capital II LP, to new investments, having recently exceeded $400 million in total investments, peHUB Canada has exclusively learned. The fund, which closed in Sept. 2012 at US$102.5 million, has developed a portfolio that includes 17 U.S.-based real estate acquisitions. SCCP plans to launch a new fund offering in the early part of 2014. Fund II was backed chiefly by a mix of Canadian and American institutional investors and family offices.
18 December 2013•1 min read
