The first Quadrum Property Fund (AuM $50mln) is launched as part of Cube Capital’s alternative investment group, focusing on real estate opportunities in emerging markets
Quadrum team active in emerging markets of the former Soviet Union and South East Asia
Pre-IPO investments in real estate backed businesses (retail, logistics)
Residential and commercial development via local joint ventures
IPO of Dixy, Russia’s 3rd largest discount retailer, led by CVC and Quadrum’s team, values the company at c. $1bn
Focus on distressed debt and real estate in developed markets (US) and special situation real estate investing in South East Asia (China, Vietnam, Myanmar, Mongolia)
First distressed acquisitions in the US
Hospitality investments in Ft Lauderdale, FL
Portfolio of senior secured loans and REOs in Florida
$100mln in investor equity commitments secured to focus on distressed opportunities
Strategic focus on US distressed real estate
Quadrum’s first distressed acquisition in Chicago (Godfrey hotel development site)
$400mln in investor equity commitments secured to focus on distressed real estate in the US, mostly via local joint ventures
Quadrum platform is spun off and becomes independent
Focus on mid-cycle development and value add opportunities in the US and UK
Quadrum successfully exits from all South East Asian investments
New investor commitments secured for $600mln for US real estate development portfolio
US portfolio grows to over $1bn in assets (hospitality and residential)
Quadrum enters senior living sector with its first acquisition in Florida
21 major projects worldwide including 15 in the US
$1.4bn in equity capital invested globally
Portfolio GDV in excess of $2bn
Quadrum’s development cycle matures with a number of investments becoming operational and stabilising.
Quadrum’s hotel brand Arlo establishes itself in the Manhattan market with 600 operational keys in 2 locations and a further 490 keys being developed up the road.
Quadrum launches its senior living brand Amavida releasing the first batch of units for leasing at the Florida located resort-style 32 acre site.
