Basis Investment Group's US$101M Joint Venture with a Major Sovereign Wealth Fund

Winston & Strawn LLP represented Basis Investment Group, LLC, as managing member and investment manager, in a joint venture with a major sovereign wealth fund for the purpose of making equity or debt investments (i) collateralized by commercial or multifamily real estate, (ii) structured as (a) bridge loans with an A Note syndication exit, (b) mezzanine loans and preferred equity investments, inclusive of development transactions and structured equity investments with enhanced returns (e.g., equity kickers), (c) acquisition of distressed debt and loan portfolios, (d) acquisition of CMBS and agency bonds and B-Pieces or (e) or other types of securities, and (iii) with a principal balance between US$10M and US$50M. The joint venture will primarily focus on investments in the middle market throughout the United States.