Taconic Partners targets $1bn

The New York asset manager is raising capital for its latest real estate vehicle.

Fund name: Taconic Market Dislocation Fund III
Target size: $1 billion
Current size: $245.45 million
Launch date: July 2020

Taconic Partners has launched Taconic Market Dislocation Fund III with a target of $1 billion. To date, the vehicle has received $245.45 million in commitments.

Capital raised by the fund will be used to make value-add investments in properties throughout the United States.