Netz Fund III
Netz Fund III L.P. is the third fund offered by Netz Group Ltd.
Our business model: Cash purchase and renovation of undervalued assets driving prompt investor returns through self-owned management company.
$100MM
fund target size
$1B
total assets under management in US
Returns
Fund-1 11.03% IRR
Fund-2 13.82% IRR*
(*projected)
$250+MM
successfully raised and deployed
Netz USA
fund sponsor
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TARGET SIZE: $100MM
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TERM: 5-year term
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SPONSOR COMMITMENT: $2MM
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FUND OFFERS: 7% preferred returns to investors
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AFTER CATCH UP: LP investors receive 75%; GP receive 25%
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MINIMUM INVESTMENT: $500K, individuals can join a legal entity and their joint investment shall be recognized as one
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TARGET RETURNS: IRRs of 11% to 15%
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STRUCTURE: Most investments 25% equity and 75% loan (based on each asset's investment business plan
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PAYMENT: Fund pays quarterly 7% annual interest
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FEES: Fund Management 1%, Acquisitions at 1% and Management Fee 5%, Construction Management - 5% of construction costs
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INVESTMENT GUIDELINES: A mix of assets, primarily in Multifamily, that generate attractive risk adjusted returns and capital appreciation in sustainable growth markets including Southeast Florida, Atlanta and Connecticut
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ADVISORS AND AUDITORS: Audit - Big 4 (tbd); Legal (Regulation and Consulting) - Meltzer Lippe LLC
Past Performance of Previous Funds
We have a history of improving asset performance resulting in solid returns for our investors.
Fund #1
Value $51.22MM
No. of units 647+ office buildings
Fund #2
Value $120MM
No. of units 937
Notable Investors
PROVIDENT FUNDS (Israel)
Altshuler Shaham, Leumi Bank Phoenix Insurance Group, Meitav Dash, Haiman Aldubi
FAMILY OFFICES (Israel)
The Service, Altshuler properties, Wolfe family investors
IRR 11.03%
Projected IRR 13.82%
View the Investment Deck
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