Operations Fund I

Platform Operations & Talent


The fund that builds and sustains the people and shared services behind every managed property — the platform’s operating backbone.

$0.941B
Committed Capital
N/A
Net IRR Target
8 yr
Fund Term
Operations
Strategy
Strategy

Investment thesis

UpManagement Operations Fund I capitalizes the platform’s shared operating infrastructure and Talent: centralized property-operations leadership, regional hub staffing, training academies, compliance and finance shared services, and the recruiting engine that staffs new acquisitions. Where the investment funds acquire management businesses, Operations Fund I ensures they can be integrated, staffed, and run to a single institutional standard. This fund does not carry an IRR target; it is measured on platform capacity, integration speed, and service consistency.

Terms

Fund architecture

VehicleDelaware Limited Partnership
Term8 years (+ two 1-year extensions)
Preferred return8% preferred return
Carried interest20% carried interest above preferred
WaterfallAmerican waterfall with GP clawback
Minimum LP$1,000,000
AuditorPricewaterhouseCoopers LLP
Legal counselLePore Law Group
Target assets

Where this fund concentrates

  • Centralized property-operations leadership and regional hubs
  • Recruiting, training, and workforce development
  • Shared finance, compliance, and reporting services
  • Integration capacity for newly acquired management businesses
Operating discipline

The numbers we run to

Every managed property is held to weekly operating metrics. These are the disciplines that distinguish an institutional operator from a passive fee collector.

Integration cycle time

Days to onboard an acquired business

Service consistency

Standard-adherence across regions

Staffing coverage

Filled roles against platform demand

Employee retention

Operator and manager tenure

Property management is the most undervalued operating layer in real estate. Run it like the business it is.
Alexandra Pohl, Founder and CEO

Speak with our investor relations team

For fund materials, capital account information, and partnership inquiries, reach UpManagement directly.

Contact Investor Relations