The Lehigh Valley Private Equity Fund (the “Fund”), a Regulation D private equity fund concentrating on investing in real estate in the Lehigh Valley of Pennsylvania, announced today that it has closed its June fundraising round. Based in Allentown, Pennsylvania, the Fund has been designed to provide an 8% annual preferred return paid monthly and an overall annualized target return of 12 - 18% , through diversification in lending and acquisitions in the real estate industry. Tejas Gosai , Co-Manager of the Fund, and a resident of Nazareth, PA, said he and Jeff Cella, Co-Manager, have been meeting with potential investors to explain the investment strategy. Gosai said, “We have put a lot of time, money, and energy into refining our methods to be able to pay monthly an annualized 8% return and then distribute quarterly, additional returns to our investors through qualified lending, real estate redevelopment, and long-term acquisitions.” Cella, who started his first private equit...