News
9606 Capital, LLC Closes First Round of Capital for 9606-Acies Fund III, LP
Chicago, Illinois (February 13, 2024) – Middle-market investment bank Jordan Knauff & Company (JKC) is pleased to announce that 9606 Capital, LLC (9606-Ácies or the Company) has completed its first round of capital for 9606-Ácies Fund III, L.P. (Fund III) with over $15 million in LP commitments. Approximately $3 million of this capital was deployed in Fund III’s first two acquisitions in south suburban Chicago.
9606-Ácies is a real estate investment firm specializing in acquiring, managing, and renovating value-add logistics properties throughout the U.S. Fund III was formed to capitalize on an investment thesis within specific, institutionally overlooked subcategories of logistics real estate that stand at the center of e-commerce growth in the United States. Fund III targets subcategories of logistics real estate that are critical components of the overloaded “middle mile” and “last mile” of the e-commerce supply chain – industrial service facilities and industrial outside storage.
Mr. Ned Mahic, Chairman & Chief Investment Officer of 9606-Ácies, stated, “Fund III was formed to capitalize on the attractive acquisition opportunities our team started seeing in the logistics market in late 2023. We are excited with the first closing of capital as many previous investors chose to reinvest in the 9606-Ácies strategy and our growing team.”
About 9606-Ácies Management
Mr. Ned Mahic, Chairman & Chief Investment Officer of 9606 Capital, LLC, is an experienced real estate developer and investor with over 20 years of experience in acquiring, financing, developing, and investing in various real estate properties.
Ms. Jingjing Zhang, Chief Executive Officer of 9606 Capital, LLC, is a Chartered Alternative Investment Analyst (CAIA) specializing in alternative assets, with experience founding, operating, and investing across stages in real estate services and consumer companies in North America, Asia, and Africa.
About Jordan Knauff & Company
Mr. G. Cook Jordan, Jr., Co-founder and Managing Principal, has over 30 years of private equity and investment banking experience and seven years of executive and operations experience in middle-market companies. JKC’s entire professional team have spent their careers in the middle market and offer that expertise and knowledge to their clients. It is their mission to provide the best available transaction advisory services along with in-depth industry-specific research to middle-market companies and the entrepreneurs who lead them. For more information, please visit www.jordanknauff.com. JKC is a member of FINRA.