BMG Yield Fund 2020

Est. 2020 - Actively Accepting Investors

Fund Overview

BMG Yield Fund 2020 acquires single-tenant retail properties with a focus on assets that have defensive qualities, like discount retailers ("Target Assets").  Investments into the Fund are used, with bank financing, to acquire Target Assets, which are typified by these key features:


1. Strong asset within tenant's corporate portfolio
2. High yield relative to credit quality of the tenant
3. Potential for capital appreciation due to cap rate compression

 

The Fund further focuses on stabilized assets, that have been in operation in excess of 5 years, with previous lease renewals by the tenant, priced at a discount relative to the stabilized yield.

BMG Yield Fund 2020 is currently seeking accredited investors with a minimum investment of $1.0M.

Fund Characteristics

FUND SIZE:

$25.0 Million

MANAGER: 

MARF Management LLC

TARGET YIELD:

Preferred return of 8%, and additional carried interest that is split 50/50 with the Manager.  Anticipated IRR for passive investors is 11% to 12%.

MINIMUM INVESTMENT: 

Commitment Fund with $1,000,000 minimum commitment.  Speak with an Associate Fund Manager to discuss investment options.

SECURITY:

Preferred (Class A) Member Interests

INVESTMENT OBJECTIVE:

The Fund’s primary goal is to make investments in single-tenant retail properties with a focus on discount retailers, having the potential to generate current income and moderate long-term capital appreciation. The Fund intends to provide investors access to investments in the Target Assets, which are not highly correlated with publicly traded equity and fixed income markets. The Fund will be operated as a closed-end private fund investing in a portfolio of the Target Assets (“Investments”) located throughout the United States. The Fund will not invest outside the United States.

USE OF PROCEEDS:

The entirety of the proceeds from the sale of Class A Units in the Offering will be invested in Target Assets, including the payment of acquisition costs such as Acquisition Fees. Interim cash balances will be invested in short-term, liquid instruments.

CAPITAL CONTRIBUTION SIZE OF OFFERING, MINIMUM INVESTMENT:

The Fund is offering the Class A Units for $10,000 Capital Contribution per Class A Unit and minimum Capital Contribution of $1,000,000 (100 Class A Units) per investor. The Manager may reduce or waive this minimum for certain investors. Investors in the Offering will become Class A Members of the Fund upon receipt of funds and acceptance of their subscriptions by the Manager. The Manager may continue to accept subscriptions following the initial closing of investor subscriptions, until the Offering Termination Date. The Fund is targeting Capital Contributions of $25 million in aggregate.

TERM AND TERMINATION OF FUND:

The Manager may attempt to sell an Investment when market conditions are advantageous to the Fund. It is anticipated the Fund will substantially liquidate its Investments and dissolve within seven years of the date of the Fund’s final investor closing, but the Manager may, in its discretion, extend the term of the Fund for up to two additional twelve-month periods.

CONTACT

US

Tel. 804-644-4924

530 East Main Street, 
Richmond, VA 23219

contact@battlemonument.com

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© Battle Monument Partners, 2014. All rights reserved.

DISCLAIMER: This private organization is a non-federal entity and not an official activity of the United States Military Academy. It is not endorsed, recommended, or favored by the United States government. The views and opinions expressed by this organization do not necessarily state or reflect those of the United States Military Academy, Department of the Army, or Department of Defense.