In a little more detail...

Valid Investments Group is a privately held Paris, London UK, Toronto ON, China and New York based commercial real estate investment company founded in 1990 by Phillip Ginzberg and David Le Roi.Through its sponsored closed-end investment funds, Valid Investments Group makes commercial real estate investments on behalf of the firm’s principals and its institutional co-investment partners which presently include many of the nation’s most prestigious educational endowments and foundations.Since its formation, Valid Investments Group has sponsored several investment funds with aggregate capital commitments of approximately $1.5 billion which have focused primarily on making “value-add” commercial real estate investments (mostly in office properties and residential towers) located throughout Europe including Paris, London.