Belay Investment Group is anchoring Primestor Development's Urban Vision Fund I with a $100M equity commitment, with an addition $25M in equity coming to the fund from LGT Capital Partners.
Belay, a Los Angeles based women-owned and led real estate investment management firm, has more than $900M of assets under management, primarily on behalf of a large California based pension plan. LGT is a leading alternative investment specialist with more than $85B in assets under management and more than 600 institutional clients in 43 countries.
The Urban Vision Fund I will seek to develop and acquire transit-oriented, mixed-use real estate investment opportunities in underserved urban communities with a geographic focus on California.
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