Growth Fund

Growth Fund


Growth equity into scaling operators and platforms. Capitalizing property management businesses at the inflection point.

$0.794B
Committed Capital
17–22%
Net IRR Target
8 yr
Fund Term
Growth
Strategy
Strategy

Investment thesis

UpManagement Growth Fund deploys growth equity into scaling property management operators and platforms that have proven their model and are ready to expand. Capital funds technology, geographic expansion, and disciplined M&A — building tomorrow's institutional operators from today's regional leaders.

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

  • Scaling regional property management operators
  • Platform-expansion candidates
  • Technology-forward growth companies
  • Disciplined M&A roll-ups
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.

Reserve availability

Undrawn capital ready to deploy

Deployment discipline

Committee-approved use of reserve

Expansion velocity

Speed to close opportunistic deals

Portfolio benefit

Assets improved by reserve programs

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