Raith Capital Partners invests in commercial real estate equity and debt in both the private and public markets. Raith applies a bottom-up, fundamental analysis to each investment – quantifying the intrinsic value of the underlying assets and evaluating the inherent risks of each transaction. The Principals have worked together on the deployment of over $2 billion of equity capital across these strategies since 2009. Raith currently has over $1.1 billion of assets under management in these strategies. Since inception, Raith has made investments in direct equity acquisitions, non-performing loans, mezzanine and other subordinate debt instruments, and high yield CMBS securities. Raith has raised discretionary, opportunistic vehicles (Raith Real Estate Fund I and Raith Real Estate Fund II) targeting distressed assets across the U.S. Raith has also raised and acted as manager for Raith CMBS Fund I and multiple separately managed accounts that were/are focused on investments in subordinate debt, high yield CMBS and senior loans.
Raith or its affiliates serve as the general partner of a number of commingled, discretionary vehicles Raith Real Estate Fund I and Raith Real Estate Fund II, two opportunistic vehicles targeting distressed loans and assets across the U.S that make value-add and opportunistic acquisitions, as well as invest in distressed loans and special situations. Raith targets assets that have lagged the performance of the broader market due to mismanagement or have significant capital expenditure and leasing requirements in their business plans. Raith’s in-house asset management team directly oversees operations and capital investment at each property, helping to drive value and achieve asset-specific specific business plans. Raith may provide its fund investors the opportunity to co-invest in certain transactions.
Raith manages separately managed accounts that invest in a range of debt instruments secured by commercial real estate, including investment grade and non-investment grade CMBS, whole loans, and subordinate debt. Raith brings the same intrinsic value orientation to its debt investments that it utilizes for equity acquisitions, with a strong focus on combining attractive risk-adjusted returns and capital structure safety.
 Includes approximately $900 million of investment activity that the Principals (collectively and individually) were involved in at their predecessor firm. All such activity was subject to the approval of an investment committee.