Private real estate investor OlivePoint announced that GCM Grosvenor (a global alternative asset management solutions provider with $79 billion of assets under management) has committed $50 million to OlivePoint’s latest investment fund on behalf of various U.S. Pension Plans.
This investment is being made through GCM Grosvenor’s Real Estate platform, which provides catalytic seed capital to emerging real estate investors to help launch and scale their investment businesses.
OlivePoint was launched in 2022 by Adrian Bejarano, John Bruno, and Ricardo Goldberg. The three of them have worked together in the institutional investment management industry for over a dozen years and have collectively invested over $4.5 billion of equity across more than 100 real estate transactions.
OlivePoint invests opportunistically in select markets nationwide with a flexible mandate across sectors and throughout the capital stack. And the firm combines extensive data analytics and technology while leveraging the team’s proven operational and institutional expertise to drive value creation at the asset level. OlivePoint also seeks to capitalize on high conviction opportunities created by the current high interest rate market environment.
Since being founded, OlivePoint has managed capital on behalf of family offices in the U.S. This investment will allow the firm to seed its first institutional fund. And the firm also has a growing footprint in Latin America and has developed a specialized platform to provide international investors access to U.S. real estate investments.
GCM Grosvenor’s Real Estate platform was established over 15 years ago and manages over $6 billion in assets and focuses on middle-market opportunities. And the platform utilizes seed investments, joint ventures, and other strategic partnership tools to provide flexible investment solutions across the capital stack. This approach enables diversified exposure with robust growth potential, underscoring GCM Grosvenor’s commitment to value creation for investors.
KEY QUOTES:
“We are excited to strategically partner with the OlivePoint team to invest in opportunistic real estate assets across the U.S. Over the course of their careers, Adrian, John, and Ricardo have demonstrated the ability to thoughtfully manage risk and protect their investors’ capital while identifying unique opportunities. As such, we believe OlivePoint can potentially create meaningful alpha for our investors in today’s challenging market environment.”
– Peter Braffman, Managing Director at GCM Grosvenor
“We are pleased to welcome GCM Grosvenor as a strategic investor, and we are grateful for their support and the confidence they are placing in us to invest on behalf of their institutional clients. This investment is a powerful endorsement of our investment strategy and our proven, experienced team. We are looking forward to a long and successful partnership with the GCM Grosvenor team.”
– Adrian Bejarano, John Bruno, and Ricardo Goldberg, Co-Founders and Managing Partners of OlivePoint
