Ireland Strategic Investment Fund Commits €35.5M to Timbercreek's Second RE Fund

The Ireland Strategic Investment Fund (ISIF) announced a €35.5M (~$39M) commitment to Timbercreek Capital’s Ireland Fund II, a real estate debt fund focused on revitalizing existing properties across Ireland, according to a November 1 news release.

Timbercreek Ireland Fund II, which recently closed at €123.5 million, aims to provide tailored loans between €5M and €40M to experienced property investors and developers. The fund will support projects across all sectors of the Irish real estate market, with a strong emphasis on Dublin, where at least 60% of its capital will be allocated.

According to Dakota data, ISIF manages approximately $10B in assets.