Funds

Funds

Track Record

Fund I – $25,000,000

Achieved 22.2% annualized net investor return

  • The Fund was formed in 2011 and was fully repaid in 2017. 
  • The capital was invested between mid-2011 and 2013 and comprised 6 investments. 
  • The Fund delivered an annualized net investor return of 22.2%. Investors received 1.92x their investment.

Fund II – $65,125,000

Projected 22.9% annualized investor return*

  • The Fund was formed in mid-2014 and was fully invested in 16 investments. 
  • As of Q4 2019, the Fund had fully repaid investors’ contributed capital.
  • In addition, the full 8.0% preferred return has been distributed.
  • The IRR to our investors is estimated to be 22.9%. These investments are projected to generate an equity multiple of 2.3x.

*Investor return is net of Fund expenses and CMCC management fees over the term of the Fund, but before CMCC performance fee. The return forecast is based on current estimate as of Q4 2020.

Fund II – $65,125,000

Projected 22.9% annualized investor return*

  • The Fund was formed in mid-2014 and was fully invested in 16 investments. 
  • As of Q4 2019, the Fund had fully repaid investors’ contributed capital.
  • In addition, the full 8.0% preferred return has been distributed.
  • The IRR to our investors is estimated to be 22.9%. These investments are projected to generate an equity multiple of 2.3x.

*Investor return is net of Fund expenses and CMCC management fees over the term of the Fund, but before CMCC performance fee. The return forecast is based on current estimate as of Q4 2020.

Fund III – $66,350,000

Projected 18.8% annualized investor return*

  • The Fund was formed in the fall of 2016 and is fully invested in 13 investments.
  • The IRR to our investors is estimated to be 18.8%. These investments are projected to generate an equity multiple of 2.0x.

*Investor return is net of Fund expenses and CMCC management fees over the term of the Fund, but before CMCC performance fee. The return forecast is based on current estimate as of Q4 2020.

Fund IV – $92,850,000

Projected 19.1% annualized investor return*

  • The Fund was formed in the fall of 2018 and is fully invested in 11 investments.
  • The IRR to our investors is estimated to be 19.1%. These investments are projected to generate an equity multiple of 1.9x.

*Investor return is net of Fund expenses and CMCC management fees over the term of the Fund, but before CMCC performance fee. The return forecast is based on current estimate as of Q4 2020.

Fund IV – $92,850,000

Projected 19.1% annualized investor return*

  • The Fund was formed in the fall of 2018 and is fully invested in 11 investments.
  • The IRR to our investors is estimated to be 19.1%. These investments are projected to generate an equity multiple of 1.9x.

*Investor return is net of Fund expenses and CMCC management fees over the term of the Fund, but before CMCC performance fee. The return forecast is based on current estimate as of Q4 2020.

Fund IV – Featured Investments

Bloor Street West & Royal York Road

St. Clair & Spadina

Dixie & Highway 401

Bayview & Finch

Fund III – Featured Investments

Bloor & Parliament

Victoria Park & Gerrard

North & Austin

Queen & Hwy 410

Fund II – Featured Investments

Queen & Spadina

Church & Carleton

Roncesvalles & Bloor

York Downs Golf Course

Fund I – Featured Investments

Richmond & Bay

Shuter & Dalhousie

Dundas & Carlaw

Queen & River