VELOCIS FUND ACCEPTS $41.2M OF EQUITY

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DALLAS — Dallas-based Velocis Fund L.P., a private equity fund targeting commercial real estate assets, has accepted $36.5 million in capital commitments and another $4.7 million of co-investment equity, totaling $41.2 million of equity. This first closing will give Velocis Fund approximately $100 million in purchasing power. The real estate private equity fund seeks to raise $150 million in equity from investors in the U.S., Mexico and Europe.

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