A Los Angeles investment firm is seeking to raise a combined $100 million for two funds that provide short-term construction loans to builders of single-family home projects. Arixa Capital is targeting high-net-worth individuals, family offices and other types of investors in its capital-raising drive. Arixa’s founder, Jan Brzeski, hopes to raise the bulk of the targeted $100 million by the end of 2017. The firm’s two open-ended funds — Arixa Fund 1 and Arixa Fund 3 — are able to offer investors liquidity terms that are similar to those available to limited partners in hedge funds.
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