
Maverick Holds Initial Close on NYC-Targeted Credit Fund
Maverick Real Estate Partners LLC held the initial closing of Maverick Lien Fund VI LP, with commitments of more than $230 million from pension funds, endowments, foundations, and family offices. The fund’s strategy is to invest in real estate credit opportunities within New York City, where Maverick is based.
“New York City’s population density generates a gravitational force that attracts capital, businesses, talent, and tourists on a massive scale,” said David Aviram, Maverick’s co-founder and principal. “When managed properly by a prudent government, this density becomes a virtuous cycle that over time has led to infrastructure, ideas, culture, and value creation that are the envy of the world.”
Aviram added, “We therefore do not underestimate the robustness that New York has historically and routinely displayed in response to pandemics, terrorist attacks, financial crises, and natural disasters – growing back stronger than before.”
Pictured: Maverick offices at 370 Lexington Ave.
- ◦Acquisition