BROOKFIELD, WI—Brookfield-based MLG Capital is about to cap off its largest investment fund to-date, MLG Private Fund IV LLC, which exceeded its $200 million equity raise goal over five months ahead of schedule. Launched in October of 2018, Fund IV, will officially close upon achieving $250 million in equity, or in March of 2021, whichever comes first. The firm noted they anticipate achieving the $250 million mark by end of 2020.
"With a targeted equity raise goal of $200 million, 'Fund IV' exceeded expectations and was raised in the fastest timeline in MLG Capital's over 33-year history," said David Binder, Vice President at the firm. "This is a testament of trust from our investor family and deeply fuels our daily commitment to their investment success."
According to Tim Wallen, principal and CEO, "Overall, our fund's private real estate portfolio does not move with the public liquid markets that have seen high volatility as of late. Our dedication to our core values, exceptional underwriting standards, historically tested objectives, focus smart real estate deals and use of low-to-moderate-leverage, all help us to execute consistently over time."
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
