MCAP Advisers is an investment management firm that focuses on real estate that can be refinanced with municipal bonds, as well as distressed, defaulted and non-rated municipal revenue bonds, secured by real estate. The MCAP Funds is a series of private investment partnerships that have invested, since its inception in 1996, over $600 million in low-to-moderate income housing, assisted living facilities, senior housing investments, and distressed, defaulted and/or non-rated municipal bonds secured by real estate.The MCAP Funds have purchased, restructured and developed more than 9,500 multifamily housing units and 3,150 senior living units nationwide.MCAP Advisers seeks to achieve high absolute returns for its investors in the form of long-term capital gains and tax-exempt income by taking a proactive role in achieving financial restructurings and implementing property improvements.

Municipal Capital Appreciation Partners - Private Equity Fund