Florida LP Summit Sponsors
Presenting Sponsors
Build Asset Management is an emerging private fund manager that launched a first-of-its kind bitcoin-backed direct lending fund in 2023. The fund invests in USD denominated whole loans that are over-collateralized by borrower’s bitcoin. Build believes bitcoin is an attractive collateral because it trades 24/7/365 and is easily verified by the wallet address attached to the loan. The fund offers an attractive yield with a short-duration, 12-month lock-up. Requiring 2.5x CTP at origination and utilizing a multi-institution custody model, the fund offers an attractive yield and a unique way for allocators to diversify their exposure to secured lending. The fund’s unique characteristics may fit a variety of portfolio needs, including private credit, hedge, cash alternatives, and diversified opportunity sleeves. The fund was launched in collaboration with Unchained Capital, a leading bitcoin financial services firm, headquartered in Austin, TX. In addition to private credit, Build specializes in public markets fixed income strategies available in various wrappers such as an ETF, CIT, and SMAs. Build is headquartered in Jefferson City, MO and with an office and key personnel located in Seattle, WA.
The TPlus3 Fund is a hedge fund with no fees formed to provide stable income that beats money market returns and has much lower risk than corporate bond or credit funds. The fund keeps investor capital in short term T-bills. This ensures fixed income returns. The additional 3% is backstopped by the General Partner.
Basis Industrial is a Boca Raton-based real estate investment and development company that targets existing multi- tenanted industrial properties, ground-up self-storage properties and recently built ground-up multi-tenant industrial properties across the US, with a specific focus on high-growth Sunbelt markets. Basis has successfully executed more than 100 real estate transactions over the past twenty-five years, equating to over $1BN of deployed equity. The Sponsor’s active participation in all aspects of property acquisitions, development and management has enabled them to leverage 100 years of collective experience to maximize the success of these transactions. Utilizing data points from each product type, the Sponsors enhance management and property operations, resulting in increased profit margins across their portfolio of owned, developed, and managed assets. Basis has built a fully integrated and digitized property management company, BaySpace. BaySpace self-manages the company's industrial portfolio of assets. With a heavy focus on technology and optimizing operations through property management software and strong asset-level managers, BaySpace has seen exceptional results in its owned and managed assets. BaySpace is positioning to be the leader in small bay and multi-tenant industrial management and is actively growing its portfolio, leading to economies of scale. In the internet driven world of leasing – scale is critical for success, and BaySpace is leading the forefront of that evolution. Between 2023 and the second quarter of 2024, Basis acquired 14 properties and 3 portfolios, adding 133 buildings to our platform, making it the most active owner/operator of multi-tenant industrial in the Southeast U.S. The acquisitions total over $505 million in value and 3.1 million square feet in markets including CFL, SFL, DFW, Houston, TX, Irondale, AL, and more.
BILL (NYSE: BILL) is a leading financial operations platform for accountants, wealth and family office, small and midsize businesses (SMBs). As a champion of SMBs, we are automating the future of finance so businesses can thrive. Our integrated platform helps businesses and their advisors to more efficiently control their payables, receivables and spend and expense management. Hundreds of thousands of businesses rely on BILL’s proprietary member network of millions to pay or get paid faster. Headquartered in San Jose, California, BILL is a trusted partner of leading U.S. financial institutions, accounting firms, family offices, and accounting software providers.
Founded in 2002, Boston Andes Capital (BAC) is a private equity real estate investment and asset management firm headquartered in Boston, Massachusetts, with operations in Argentina, Colombia, and Chile. BAC has focused on the New England and Mid-Atlantic regions, markets known for their strong fundamentals, including an educated workforce, low unemployment, economic growth, favorable long-term industries, and positive demographics. With assets under management (AUM) exceeding $1 billion, BAC specializes in mid-sized projects ranging from $10 million to $100 million. Our approach involves direct investments in real estate projects, partnering with local managers, and utilizing a deal-by-deal strategy. Our diverse portfolio includes multifamily and condominium developments, industrial projects, office spaces, and mixed-use assets. To date, we have raised over $500 million in equity, primarily from high-net-worth individuals and family offices. Our extensive experience, proven track record, and strong relationships enable us to adopt a unique and opportunistic approach to each investment, allowing for flexible and tailored strategies.
Cozen O’Connor’s Private Equity Practice works closely with private equity funds, their sponsors, and portfolio companies. We advise clients on complex transactions that include leveraged recapitalizations and buyouts, spin-offs and sales of divisions, and growth equity investments. Our attorneys also work with management teams in private equity buyouts, including assisting with the rollover of existing equity and management co-investment. With more than 850 attorneys practicing internationally in 32 cities across North America and Europe, Cozen O’Connor is a full-service firm with award-winning practices in litigation, business law, and government relations. The firm’s attorneys have experience operating in all sectors of the economy. Our diverse client list includes global Fortune 500 companies, middle-market firms poised for growth, ambitious startups, and high-profile individuals.
Foxfield is a real estate investment and development company that focuses primarily on industrial and residential markets. Headquartered in Boston, with offices in Atlanta and Philadelphia, Foxfield searches for unique investment opportunities throughout the East Coast. Foxfield can act swiftly to execute on compelling opportunities that range from $5-$100M+ by adding significant value via retenanting, repositioning, redevelopment and development.
Frankforter Group is a third-generation real estate investment and asset management company with $1B+ of assets under management. Frankforter Group specializes in acquiring institutional-quality multifamily properties across the United States. The management team has been investing in real estate since 2011 and has a combined 50+ years of managerial experience in real estate. The team’s investment strategy is centered on high quality Core+ and Value Add multifamily assets with opportunistic deal characteristics (seller distress, rate cap expirations, cost-prohibitive insurance renewals, etc.), taking advantage of the current macroeconomic environment. Geographically, Frankforter targets properties located in several Sunbelt states, including Florida, Georgia, North and South Carolina, Texas, Arizona, Virginia, Tennessee, Nevada, and Alabama. The team delivers superior risk-adjusted returns by investing in well-situated multifamily assets that have the potential to build equity value and generate stable cash flows for investors. With $2.8 billion in transaction experience, a 39% average realized gross IRR and an average 2.5x equity multiple, Frankforter Group has developed deep roots in the multifamily industry and is excited to share their successes with other investors through their various investment offerings.
Mixed Use Revitalization Approached Locally (MURAL) is an impact-driven real estate company that empowers emerging and underinvested communities through the creation of transformative, mixed-use developments. The Company’s holistic approach to master-planning produces a pipeline of assets that they develop, construct, stabilize and manage for long-term success. They also acquire existing residential and retail assets that can be strategically repositioned to create additional value for the surrounding community and their investors. As a real estate owner, operator and developer, MURAL’s capabilities also include asset and property management, retail merchandising and placemaking. MURAL collaborates with municipalities, capital investors and communities to reimagine neighborhood ecosystems, prioritizing economic advancement for residents and generating strong, risk-adjusted returns for their capital partners. MURAL believes real estate has the power to solve complex societal challenges and the company exists to create neighborhoods that foster growth and positive change for emerging communities.
New Wave Real Estate, your guide in real estate investment, specializing in properties that support your journey to financial success. We are a dynamic team with a background in development, sales, construction, commercial lending, and property management, our dedicated team is ready to guide you on your real estate investment journey. Beyond the realms of traditional real estate, we are investment strategists committed to unlocking the full potential of your assets. Whether you are a seasoned investor or a newcomer to the market, our team possesses a wealth of knowledge to steer you towards opportunities that not only maximize returns but also build lasting wealth.
RBC Global Asset Management (RBC GAM) offers a comprehensive range of solutions and services to our clients and investors. We operate as a global firm of specialized investment teams with more than $486 billion in assets under management as of December 31, 2021. In addition to broad-based capabilities in equities, credit, liquidity management and alternatives, we have specialized expertise in ESG-integrated, and impact investing strategies, positioning us at the forefront of the responsible investing industry. We believe that being an active, engaged and responsible owner empowers us to enhance the long-term, sustainable performance of our portfolios. Our BlueBay fixed income platform embodies the best of alternative and traditional fixed income investing and has a deeply resourced team of investment specialists. As market and client dynamics shift, we strive to remain at the forefront of investor needs and provide progressive, adaptable investment solutions.
Reliant Real Estate Management is a vertically-integrated ISS Top 20 self-storage operator based in Roswell, GA. The Reliant portfolio consists of 98 self-storage properties, with approximately 60,000 rentable units, representing a valuation of $1.6B AUM and operating under the Midgard Self Storage brand. Reliant Real Estate offers institutional self-storage investments to accredited investors to help preserve and grow their wealth. Reliant focuses on value-add, self-storage opportunities in secondary and tertiary markets predominantly across the southeast and other key markets – including Alabama, Arkansas, Colorado, Florida, Georgia, Indiana, North Carolina, South Carolina and Tennessee. Since its inception in 2010, Reliant has taken 38 properties full cycle, delivering an average gross return at the project level of 33.8% IRR, while never losing a property to the bank or a dollar of investor principal. In addition to our track record of performance, what our investors find most appealing is the historically low correlation self-storage has exhibited relative to the stock and bond markets during market turmoil. We welcome you to visit our office in Roswell and hope to partner with you in meeting your investment goals.
Right Side Capital Management is an early-stage technology venture capital firm located in San Francisco. Its funds target sub $1 million investment rounds in capital efficient tech companies where most VC firms are unable to participate due to round size and diversification requirements. This lack of institutional participation gives RSCM a competitive advantage with lower entry valuations into some of the best reward-risk ratios available to venture investors. RSCM is one of the most active early-stage technology investors with over 2,000 investments since 2012.
SUNCAP is a real estate investment firm specializing in flex-industrial assets. The firm provides investors with superior returns by leveraging off-market, value-add investment opportunities in the Southeastern United States. With over 55 years of cumulative experience and involvement in over $2 billion of assets, SUNCAP’s principals offer institutional-level in-house underwriting,due diligence, and asset management to consistently add value to investments.
Leadership:
• Co-Founders: Scott Auker and Brian Mark
• Team: Experienced professionals in asset management, financial reporting, acquisitions, and investor relations
12-Year Track Record:
• 23.5% average total annual return
• 1.8x average investment multiple
• 8.9% average current cash yield
Strategy:
• Asset Type: SUNCAP acquires a niche subsector of multi-tenant industrial real estate called “Flex,” distinct from typical bulk industrial assets.
• Markets: Focuses on Southeastern / “Sun Belt” markets and Colorado.
Winston & Strawn LLP has served as a trusted adviser and advocate to companies in a broad array of industries for 170 years. The firm has built a law practice with tremendous breadth and a global presence, with more than 975 attorneys across four continents. At Winston, we strive to provide our clients with creative solutions to their business problems-on time and on budget; serve our communities and the public interest; promote diversity within our firm and throughout the legal profession; and maintain a culture of teamwork and collegiality.
Cap Table Nation is an investment infrastructure so private capital investment has a good place to live. It supports formal registered private equity and debt, informal capital pools, and donor-advised funds, all earmarked for local investment in Southwest Florida. It’s bringing like-minded people together, forming an alliance, or nation, around doing good with their capital. Cap Table Nation’s purpose is to make available investment capital infrastructure tools, reporting, and administrative support so investors can rely on orderly, accurate, and procedural experiences when choosing to deploy their capital in Southwest Florida, specifically, the six counties of Southwest Florida: Lee, Hendry, Glades, Charlotte, Collier, and Sarasota.
CreativeCo is an early growth equity firm focused on investing in high-growth, capital efficient B2B software companies. They are now raising a $50M+ Fund III that will write $1-$3M initial checks in companies that are around $1M in revenue run-rate and either profitable or approaching profitability. They target vertically-focused solutions or niche enterprise software in companies that can be market leaders in their niche.