Real estate specialist BayNorth recaps 2007 fund


BayNorth, Charlesbank, private equity, limited partners
A sailboat makes its way along the Charles River in front of the skyline of Boston, Massachusetts, U.S., August 4, 2017. REUTERS/Brian Snyder - RC1E6B7DA7B0
  • BayNorth Realty Fund VII closed in 2007 on $472.5 mln
  • Existing LPs could sell or not
  • LPs approved amendment to extend fund life
BayNorth Capital, a private real estate manager that traces its roots to Charlesbank, earlier this year recapped one of its older funds for more time to exit assets, sources told Buyouts. BayNorth ran a tender-offer process on its seventh fund, which closed ...

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