AUSTIN—Austin-based The PPA Group has formed a private equity company called Casoro Capital, the entities are announcing today.
Helming the fund is William J. Papp, managing director, who is aiming to raise $50 million; the fund will focus on the Texas multifamily market, particularly Dallas, Austin, San Antonio and Houston.
“We are very, very excited about forming Casoro Capital,” Papp told GlobeSt.com last week. “It made sense to roll out our own captive private equity real estate fund.”
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