Iconiq Purchases Minority Stake in Madison Realty Capital
Bloomberg News reported that ICONIQ Investment Management (“ICONIQ”) has made a strategic minority investment in Madison Realty Capital that will advance its long-term growth and success. Terms of the investment were not disclosed. Madison Realty Capital will leverage ICONIQ’s financial and strategic support to grow its global network of institutional relationships, expand upon its products and augment its team with top talent, while continuing to execute on its core competencies within private real estate debt and equity investing. Madison Realty Capital’s investment process, management, and day-to-day operations will remain unchanged.