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Temerity Strategic Partners Closes $175M Inaugural Fund
Temerity Strategic Partners, a Chicago-based real estate private equity firm, announced the final close of its inaugural investment partnership Temerity Strategic Partners Fund, L.P.
The Fund secured more than $175 million in commitments from over 50 institutional and private investors, which could rise to between $25 million and $300 million with sidecar co-investment and GP contributions.
The Fund’s limited partners include real estate industry leaders, family offices, and institutional investors, including an anchor commitment from one of the largest public pension plan sponsors in the United States.
“Temerity Strategic’s programmatic commitments to best-in-class owner-operators are designed to enhance each sponsor’s strengths and domain expertise, enabling them to scale quickly and execute on their sizable acquisition pipelines,” said Jeff Citrin, TSP’s Co-Founder and Executive Chairman. “For our investors, the rigor that forms the basis of our programmatic ventures will enable us to be aligned and thoughtful stewards of their capital.”
