CMCC has sourced and syndicated over $200 million in joint venture and mezzanine investments since 2001. This includes, two pooled limited partnerships aggregating $95 million in committed capital across 20 investments. Both funds were co-managed with Dream Unlimited. The first fund, which was repaid in Q2 2017, yielded an internal rate of return of more than 22%, net of all management fees. The second fund, which is fully subscribed and 85% deployed in its third year of operation, is forecasted to yield 20% before management fees. A summary of these transactions can be downloaded here.
The newest equity fund is the CMCC Capital Fund: a $66 million mezzanine and equity fund designed to generate a minimum 15% annualized return to investors. The Manager has committed $4.1 million of the committed capital of the Fund.