Fairness & Alignment
We Would Rather Be Checked Than Trusted
01 /
Radical Transparency
We provide investors with complete access to information behind all the numbers (models, expenses, appraisals, and more). Full general ledger access for complete auditability. Nothing withheld. We believe radical transparency to your money is the way of the future.
- Net asset value and the valuation basis behind it
- Full operating costs recovered, line by line
- Distributions paid, and the operating income that funded them
- Portfolio activity and performance against acquisition underwriting
02 /
Never Over-Distribute
Private capital markets often promise elevated yields supported by an investor’s own equity capital, which is what produces avoidable capital calls in a downturn. We commit to reasonable distributions, supported by what the operating income can sustain in perpetuity. Conservative underwriting is what makes that possible.
03 /
Pure Alignment
We invest alongside our capital partners, and we are only paid if the venture performs exceptionally well: above an 8% return per annum. Our own capital is committed beside yours. The only way we make money is the way you make money: on the same terms, at the same time.
04 /
No Fee Stacking
A typical sponsor stacks fees: an asset management fee, an acquisition fee, a disposition fee, a financing fee, a capital expenditure fee, markups on affiliated services, and chargebacks for work done in-house. Each is defensible on its own, and together they are the real cost of ownership. We charge what it costs to operate the venture and nothing above it, and we make our money at the back end, on promote above an 8% return, which means we make it only after you have. It is the lowest fee stack ever offered in the history of institutional investing, and AI is what makes it possible.
