Co-GP & Operator Partnerships
We collaborate with proven operators on aligned, institutional-quality execution.
What We Look For
- Deal size: typically $10-$100MM total capitalization
- Markets: growth metros with durable demand drivers
- Business plan fit: clear value-creation levers and realistic timelines
- Sponsor track record: verifiable, role-specific, and market-relevant
- Reporting cadence: transparent monthly ops, quarterly financials
Why Partner
Institutional rigor with boutique responsiveness and aligned incentives. We partner with operators who value decisive capital, transparent dialogue, and long-term relationships over transactional outcomes. Our goal is not deal volume — it's durable execution across cycles. We work best with sponsors who prioritize downside protection and proven execution over aggressive leverage or optimistic exit timing.
Our Partnership Philosophy
We prioritize repeat partnerships, downside discipline, and cycle-aware operators. Capital is deployed with a long-term orientation and clear alignment on risk before return assumptions.
- Long-term orientation over transactional capital
- Capital preservation embedded in structure, not projections
- Clear alignment on downside scenarios before upside assumptions
- Institutional reporting, responsiveness, and transparency
- Preference for operators who have navigated stress environments
Partnership Models
Co-GP Structures
Defined roles, aligned economics, and shared decision-making across deal lifecycle.
JV Capital
Deal-specific partnerships with clear governance and exit paths.
Repeat Operator Relationships
Preference for long-term partners over one-off transactions.
What a Strong Submission Looks Like
Strong submissions typically include
- Clear capital stack and sources/uses
- Base-case underwriting that survives stress
- Defined refinancing or exit paths without cap-rate compression
- Sponsor economics aligned with long-term performance
Submissions unlikely to advance
- Bridge-dependent deals without a refinancing plan
- IRRs reliant on multiple expansion
- Execution-heavy business plans without relevant track record
- Vague assumptions or incomplete materials
Our Review Process
Initial Review (1–3 business days)
Structure, leverage, and downside analysis
Follow-Up Questions
Clarifications on assumptions and execution
Alignment Check
Incentives, co-investment, and governance
Advance or Decline
Clear decision, no prolonged limbo
Submit a Deal
SLA: We respond within 3 business days.