COMBINING SKILLS

Yoo Capital Investment Management marks a new chapter in the history of the firm with the launch of a joint venture between two world-class investment managers to raise a series of real estate funds.

The partnership is the combination of best-in-class skills: Astarte Capital as institutional builders of large discretionary asset management businesses, and Yoo Capital Management a proven real estate private equity team specialising in real estate placemaking and dealmaking.

The first fund in this series, Yoo Capital Fund II, L.P., was launched in late 2019 targeting £400 million of discretionary capital and announced its first close in April 2020.

£9B

In combined transactional experience

2019

World-class partnership forms

£400M

YC FUND II target

The senior leadership of the joint venture come from global institutions including Citigroup, Marathon Asset Management, Piraeus Bank, Starwood Capital Group and Yoo Capital with a combined real estate private equity experience of over £9 billion in transactions. They are fundamental value investors, not arbitrageurs, who invest with an aim to create value by transforming its real estate assets using vision, robust deal structures and a fully self-contained in-house team of seasoned professionals who drive acquisitions, asset and development management, recapitalizations and turnarounds.

Shepherd’s Bush Market

In September 2020, Yoo Capital acquired the controlling 75.5% interest in Shepherd’s Bush Market from U+I Plc (LON: UAI) who retains a 24.5% minority interest. Originally established in 1914, Shepherd’s Bush Market is one of London’s most historic and beloved markets. Situated in West London, the site involves a total of 4.2 acres, including adjoining land available for a mixed-use development with the opportunity to deliver critically needed affordable housing and affordable workspaces. Since September, Yoo Capital has been working with Shepherd’s Bush Market Traders to improve and repair the Market’s infrastructure and will shortly begin consultation on a new Masterplan vision which will include significant new investment into the market to support the market traders and their businesses which have been an integral part of West London for generations.