MSD Real Estate Credit Opportunity Fund’s $1.1 Billion Fundraising

Fried, Frank, Harris, Shriver & Jacobson acted as counsel to MSD Partners.

MSD Partners raised its MSD Real Estate Credit Opportunity Fund, L.P. (RCOF), which closed in excess of US$1.1 billion in commitments. The fund significantly exceeded its target fundraise, closing well above its initial target of US$750 million.

RCOF’s primary objective is to generate superior, risk-adjusted returns by originating and actively managing structured credit investments secured by high-quality real estate. The fund has a broad mandate to make structured investments, make commercial real estate loans and purchase real estate securities.

MSD Partners, L.P., an SEC-registered investment adviser, was formed in 2009 by the principals of MSD Capital, L.P. to enable a select group of investors to invest in strategies that were developed by MSD Capital.

The Fried Frank team advising MSD Partners included corporate partner Kenneth I. Rosh (Picture); tax partner Christopher Roman; corporate special counsel Martin E. Strauch; executive compensation & ERISA special counsel Andrea L. Pollak; corporate associate Becky Kumar; and tax associate Laura D. Pond.

Involved fees earner: Rebecca Kumar – Fried Frank Harris Shriver & Jacobson; Andrea Pollak – Fried Frank Harris Shriver & Jacobson; Laura Pond – Fried Frank Harris Shriver & Jacobson; Christopher Roman – Fried Frank Harris Shriver & Jacobson; Kenneth Rosh – Fried Frank Harris Shriver & Jacobson; Martin Strauch – Fried Frank Harris Shriver & Jacobson;

Law Firms: Fried Frank Harris Shriver & Jacobson;

Clients: MSD Partners;

Author: Ambrogio Visconti