ASSIGNMENT

 

Hodes Weill Securities, LLC acted as exclusive global placement agent to Mapletree Investments Pte Ltd (“Mapletree”) in connection with the private placement of interests in Mapletree China Opportunity Fund II (the "Fund"). Mapletree is a leading Asia-focused real estate development, investment and capital management company.

 

OUTCOME/RESULTS

​

The Fund represents Mapletree’s second China-focused vehicle investing in the development of integrated mixed-use or single-use projects and value enhancement acquisitions in Tier I and Tier II cities. Supported by a robust pipeline and two seed assets, the final closing of the Fund reached its hard cap of US$1.4 billion, well above the initial target of US$1 billion. Demand far exceeded the hard cap limit, resulting in Mapletree having to turn away significant additional equity commitments from interested investors. The placement process took 10 months from the commencement of formal marketing. The placement achieved broad geographic diversification.