Taconic Raises Money for New Investment Vehicle

The fund is the firm’s eighth co-investment/sidecar vehicle and will invest mainly in distressed commercial real estate assets.

Frank Brosens, co-founder of Taconic Capital Advisors (Andrew Harrer/Bloomberg)

Frank Brosens, co-founder of Taconic Capital Advisors

(Andrew Harrer/Bloomberg)

Event-driven and multi-strategy hedge fund firm Taconic Capital Advisors has raised money for a new co-investment/sidecar vehicle, the eighth such fund the firm has created since 2008.

The firm raised more than $300 million for Taconic Commercial Real Estate Dislocation Fund II (CRE II).

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