Just six months after its formal launch, Transwestern Ventures has secured $122 million of equity within its debut investment strategy, Transwestern Ventures Partners I, exceeding its initial target of $100 million. Ten entities, made up primarily of family office and high-net-worth investors, committed between $5 million and $20 million each to the investment vehicle.
Now, the Ventures team of Fred Knapp, Hugh Stewart and James Duncan is working to identify and invest in strategic opportunities throughout the U.S., which includes partnering with Transwestern companies as well as other real estate developers and operators within commercial real estate growth sectors. Read the local coverage here and stay tuned for more exciting announcements from this team!