Meadow Real Estate Fund I LP

Meadow Real Estate Fund I LP was formed to continue the successful investment track record of Meadow Partners’ management team. Fund I had an initial closing in June 2009 on fully discretionary equity capital commitments from institutional investors. Fund I’s investment strategy is focused on the opportunistic acquisition of income-producing real estate located in New York City and London that offers superior relative and absolute returns.

Fund I invests in equity, debt, preferred equity and other hybrid structures and targets single asset, portfolio and entity-level transactions. Outright acquisitions of properties and loans are pursued as well as recapitalizations and restructurings with existing property owners and lenders. Meadow Partners seeks investments where there is a current value dislocation as well as opportunities to add value through aggressive asset management. Target property types include office, multi-family residential, hotel, retail and industrial.

Fund I completed its first investment in October 2009, the acquisition of an existing mezzanine loan secured by an office building in midtown Manhattan at a significant discount to par.