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New York & Tri-State  + New York  + Finance  | 

Edge Principal Advisors Closes Fourth Fund at $560M

Edge Principal Advisors, a real estate investment management firm headquartered in New York City, announced the final closing of its fourth real estate fund, Edge Principal Investments IV, L.P. Fund IV closed with aggregate commitments totaling more than $560 million.

Jeffrey Walker and Evan Mallah founded Edge in 2008 to focus on opportunistic and value-add real estate in strong growth markets throughout the United States. Since its inception, Edge has invested over $1 billion of equity, both with operating partners and on a direct basis.

“Fund IV is already approximately 25% committed across seven transactions, and we see compelling opportunities ahead,” said Mallah. The latest fund attracted commitments from a broad set of investors including endowments, fund-of-funds, foundations, family offices and not-for-profit organizations.

Goodwin Procter LLP served as Edge’s legal advisor. No placement agent was used.

Pictured: Edge headquarters in Midtown Manhattan.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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