Avanath Affordable Housing IV’s $760 Million Fundraising


Debevoise & Plimpton LLP has advised Avanath Capital Management on the deal.

Avanath Capital Management, LLC completed the formation of Avanath Affordable Housing IV, a $760 million fund dedicated to affordable and workforce housing in the United States.

Avanath Capital Management is a privately held, vertically integrated investment firm managing real estate and real estate-related investments generating risk-adjusted returns through current income and capital appreciation from its investments.

The Debevoise team advising Avanath was led by partner Jonathan Adler (Picture) and included partner Peter Furci, associates Gregory Arutiunov, Jennifer Cestaro, Gabriel Pollack and corporate staff attorney Gregory Caramenico.

Involved fees earner: Jonathan Adler – Debevoise & Plimpton; Gregory Arutiunov – Debevoise & Plimpton; Jennifer Cestaro – Debevoise & Plimpton; Peter Furci – Debevoise & Plimpton; Gabriel Pollack – Debevoise & Plimpton;

Law Firms: Debevoise & Plimpton;

Clients: Avanath Capital Management;

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Author: Ambrogio Visconti