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Series D
Principals of Schelin Uldricks & Co. placed follow-on Series D venture capital shares for a corporate issuer. This was the fourth issuance in a series of corporate offerings. The capital was used to expand the organization, provide working capital, and execute new growth initiatives including M&A activity.
Series C
Principals of Schelin Uldricks & Co. placed follow-on Series C venture capital shares for a corporate issuer. Subscribers of the offering were mostly high net worth investors and family offices. The capital was used to expand the organization, provide working capital, and execute new growth initiatives which included M&A activity.
Series B
Principals of Schelin Uldricks & Co. placed follow-on Series B venture capital shares for a corporate issuer. The capital was used for corporate expansion, working capital, and new growth initiatives.
Series A
Principals of Schelin Uldricks & Co. placed Series A venture capital shares for a corporate issuer. Subscribers of the offering ranged from high net worth investors to large family offices. The capital was used for corporate expansion, working capital, and new growth initiatives.
Corporate Bond Offering
Principals of Schelin Uldricks & Co. underwrote a three year bond for a corporate issuer. The capital was used for general growth purposes and working capital.
$10,000,000
Land Acquisition Fund 2
Principals of Schelin Uldricks & Co. raised capital from high net worth individuals & family offices for a discretionary fund focused on a land banking strategy. This strategy included controlling and/or acquiring raw land, processing entitlements, and then selling to home builders. This was the second fund in a programmatic JV structure.
$4,500,000
Land Acquisition Fund 1
Principals of Schelin Uldricks & Co. raised capital from high net worth individuals & family offices for a discretionary fund focused on a land banking strategy. This strategy included controlling and/or acquiring raw land, processing entitlements, and then selling to home builders. This was the first fund in a programmatic JV structure.
$9,000,000
Opportunity Zone Fund 2
Principals of Schelin Uldricks & Co. raised capital from individual investors seeking to defer and/or eliminate capital gains by reinvesting in qualified opportunity zone projects. The fund had an emphasis on nationwide residential assets that included traditional apartments, build-for-rent single family homes, and townhomes. This was the second vintage fund in a programmatic JV structure.
$17,000,000
Opportunity Zone Fund 1
Principals of Schelin Uldricks & Co. raised opportunity zone capital from individual investors seeking to defer and/or eliminate capital gains through the investment in qualified projects. The fund’s emphasis was on southwest and southeast US hospitality assets and included the ground up construction of limited and full service Marriott and Hilton flagged hotels. This was…
Distressed Hospitality Fund
Principals of Schelin Uldricks & Co. raised capital for an opportunistic fund focused on purchasing LP interests in the secondary market, recapitalizing troubled hospitality assets, and investing in select preferred and common equity investments. The fund was intended to target hotels that were negatively impacted by COVID-19.