Jadian Capital has closed a $650 million fund that will target emerging real estate sectors, such as life sciences, data centers and cell towers, according to The Real Deal. The firm is led by Jarret Cohen, the former head of private real estate at Fir Tree Partners.
- No bargain hunting: Cohen said that excessive dry powder in the market will limit the number of distressed opportunities in traditional real estate sectors. The firm has a value-oriented, opportunistic approach and seeks out investments in undervalued, high-quality assets.
- Heard on the Street: Jadian’s Founder Jarret Cohen: “Our team’s approach is to identify what’s next. We look for emerging opportunities in niche or nascent sectors that can become more institutional over time. Our team has a long history of creating and scaling platforms to help talented operators grow. The form of investment can range from bespoke financings to direct equity.” [TRD+CPEX]