Clear Opportunities Fund I closed its second round last month with approximately $35 million in new member commitments, including a strategic partnership with leading alternative asset manager, Magnetar Capital.
“We are pleased to welcome our new investors who share our view of the tremendous opportunity presented by this area of the real estate market,” said Clear Investment Group Managing Director & CFO, Razi M. Uddin. “We are excited to have a well-respected strategic partner in Magnetar.”
“The current market continues to present opportunities with strong fundamentals; depressed pricing makes this a prime time to deploy capital,” CEO Amy M. Rubenstein added. “Leveraging our time-tested approach to asset management, our investment model demonstrates resilience during downturns, enabling us to acquire deeply discounted assets without relying solely on economic appreciation.
Clear Opportunities Fund I launched in December 2022, and has closed approximately $50 million in equity commitments to date.
Clear Investment Group, LLC