Palladius Capital Management, an Austin, TX-based tactically contrarian real estate investment manager, raised $15M in Series A funding.
The round was led by Charlesbank Capital Partner, Timothy Dunn, Robert Yallen, Shaun Arora, and Max Cutler.
The company intends to use the funds to accelerate growth, expand operations and its business reach.
Led by commercial real estate, finance and technology veterans including CEO Nitin Chexal and Senior Managing Directors Manish Shah, Marko Velazquez and Jaime Hinojosa, Palladius Capital Management is a tactically contrarian real estate investment manager that leverages institutional best practices, technology and operational expertise to drive value creation for institutional and individual investors. Led by a team of commercial real estate, finance and technology veterans, the company pursues value-add and core-plus strategies targeting multifamily, student housing, hospitality and other thematic investment strategies through its affiliates.
Since its inception in July 2021, Palladius and its affiliates have acquired approximately $500 million in assets.