Fund Strategy

• Opportunistic deals with added value potential :
  
  – Distressed
  – Redevelopment
  – Regrouping of co-ownerships
  – Trading
  – Etc....
  
  
• Target IRR (net of fees): 10%
  
  
• Term: 3 to 5 years
  
  
• Target Equity: depending on the opportunity
  
  
• Target Leverage: 60%
  
  
• Benefit from current market circumstances