We are intently focused on the long-term and seek highly asymmetric reward from under appreciated opportunities.
Private Capital
Invest at any stage, in partnership with exceptional management teams to create businesses with enduring value. The ideal opportunity addresses a compelling market but undeveloped potential due to lack of growth capital or operational challenges. We have been the first or only investor in numerous companies and strategically partner with venture capital and private equity firms.
Public Markets
High-conviction positions in public securities based upon our own in-depth analysis. While particularly focused on long-term value and growth investments, we maintain flexibility to opportunistically respond to special situations and identified market inefficiencies. We also will strategically partner with relevant hedge funds.
Real Estate
We seek to generate strong risk adjusted rates of return over long duration holding periods, through timely acquisitions, development and re-development, value-add strategies and disciplined management. Investments in real estate assets (including residential, hotel, office, retail, mixed-use, land and industrial properties) throughout the United States, with a concentration in secondary markets.
Select Investments
Our Portfolio
Accomplice
Accomplice invests in early stage venture. Investing in promising entrepreneurs who take risks to build tech they believe in.
Agman Capital Value Investors is a concentrated, long-biased fund pursuing value-oriented investments. The Fund’s objective is to generate superior long-term capital appreciation for partners while avoiding permanent loss of capital.
Ampler
Through acquisition and development Ampler is creating one of the largest and most well respected restaurant operators in the world.
AngelList is where the world meets startups. Investors: invest in early-stage startups. Startups: find team members, angel investors and venture capital.
Aparium Hotel Group is a leading hotel company founded by experienced professionals in hotel development, management, and marketing who came together with one seminal belief: that great hotels are a destination sought out by travelers and a favorite place for locals, a philosophy Aparium calls Translocal Hospitality.
Atlas Venture builds breakthrough biotech companies with remarkable life science entrepreneurs. Atlas companies are custom built to realize their scientific and business potential. Identifying true innovation from high-impact science, proving and maturing the science and technology to guide clinical translation, crafting the right business model for each opportunity and rolling up our sleeves to position our companies for successful drug development and exits in all market environments.
Launched in January 2022 as a brand new managing general agent (MGA) with a focus on excess and surplus lines (E&S) insurance. Aurenity is attracting industry leading underwriting talent and enabling them with cutting edge pricing technology to optimize risk selection.
Carbon Black offers the most complete solution against the advanced threats that target an organization’s endpoints and servers, making it easier for to see and immediately eliminate those threats. Carbon Black completed an IPO in May 2018 (NASDAQ: CBLK) and was subsequently acquired by VMware in 2019.
The historic Pabst and Pendergast landmark buildings have been transformed into the upscale, independently-branded Crossroads Hotel. Crossroads features 132 guest rooms, meeting spaces and a restaurant, as well as a bar and rooftop terrace.
DataXu is a provider of programmatic marketing software for brands and agencies. The DataXu Platform is cloud-based software that leverages data science and machine learning to optimize return on marketing investment. Acquired by Roku in 2019.
Draft Kings offers Daily and Weekly Fantasy Sports contests for cash prizes in all of the five major sports (MLB, NHL, NFL, NBA and PGA) as well as college football and basketball. DraftKings completed an IPO in April 2020 (NASDAQ: DKNG).
FreshBooks is the #1 cloud accounting solution designed exclusively for small business owners. To date, the company has helped more than 5 million people collect billions of dollars through easy-to-use invoicing, expense management and time tracking.
Hopper is the smart way to plan and book travel on your phone. Combining trillions of data points and powerful machine learning, the app saves users time, money, and anxiety in their quest to book the perfect trip.
Located in the heart of Old Town Alexandria, Hotel Heron will open in the spring of 2024 offering guests the opportunity to see Old Town from a new vantage point. Hotel Heron will have 134 guestrooms, several food and beverage options, a fitness center and meeting spaces designed for various social activities.
Metonic Real Estate Solutions is a real estate investment management company providing acquisition, financing, asset management and disposition for all types of commercial and multi-family residential real estate
Omaha National is a premier provider of workers’ compensation insurance and payroll services to small and mid-size companies, including an innovative payroll-plus-comp program that offers options tailored to the needs of each individual employer.
OMNE Partners offers sales, leasing and property management services for commercial real estate in Nebraska and Iowa. The company manages more than 3 million square feet of office, retail and industrial space and provides brokerage services.
Potbelly Corporation is a publicly traded (NASDAQ: PBPB) American fast-casual restaurant chain that focuses on submarine sandwiches and milkshakes. Potbelly was founded in 1977 in Chicago.
RA Capital Management, LLC (“RA Capital”) is a crossover fund manager dedicated to evidence-based investing in public and private healthcare and life science companies that are developing drugs, medical devices, and diagnostics.
RedBird Capital Partners is a New York and Dallas based principal investment firm focused on providing flexible, long-term capital in growth equity, build-up and structured equity investments to help scale growth-oriented private companies.
Seldin Company offers management and development services for all types of multifamily residential properties. The company manages nearly 20,000 multi-family units across seven states.
Shameless Pets focuses on upcycling foods, the sustainable solution to rescue and transform misfit and surplus produce into high quality treats for your pets.
Skillz is the leading tournament platform that enables every skill-based game to take advantage of cash competitions. Skillz completed an IPO in December 2020 (NYSE: SKLZ).
Originally developed in 1893 and situated adjacent to Millennium Park in downtown Chicago, this historic landmark was re-developed into a 241-key luxury hotel with more than 30,000 square feet of food and beverage space.
Situated at the gates of downtown Detroit, the Detroit Foundation Hotel showcases a stunning re-imagination of the 1929 Headquarters of the Detroit Fire Department. The hotel marries luxury with site-specific heritage and local partnerships, creating a one-of-a-kind experience for guests.
Located in the historic Jackson Building, originally built in 1897, the Hewing Hotel pays homage to the bustle of Minneapolis’ 19th century logging trade. Blending elegance and Northwoods charm, the hotel effortlessly captures the spirit of its home state.
Tricoci Salon & Spa relentlessly pursues excellence. Their expertly trained, passionate team is dedicated to connecting clients with the latest in hair trends and innovative spa services, ensuring that every individual leaves looking and feeling their best.
Located in Papillion, Nebraska, this multifamily property originally consisted of 48 units & 19.649 acres of develop-able land. The development plan added 344 units for a total of 392 Class A units.
Universal Services provides a broad range of building and grounds maintenance, facilities consulting and construction management services to commercial real estate properties in Nebraska and Iowa.
Virtus is a next generation insurance brokerage and consulting firm. We leverage our relationships, technology, and industry expertise to develop, implement and manage high value risk management and insurance programs.
West Glen Town Center is a 417,000 square foot mixed-use, upscale lifestyle center in West Des Moines, Iowa, featuring more than 300,000 square feet of retail, office and entertainment space and 154 mid-rise apartment units.