Meadow Partners

What Meadow Partners does

Meadow Partners is a vertically integrated real estate private equity manager founded in 2009 and headquartered in New York City with a regional headquarters in London and a secondary U.S. office in Raleigh. The firm manages $6.6 billion in gross assets under management across approximately 145 owned properties through a series of closed-end opportunistic funds, an open-end evergreen fund, and separately managed accounts on behalf of institutional investors such as pension funds and endowments. Meadow specializes in middle-market real estate transactions, typically between $40 million and $200 million in total property capitalization, across four core markets: New York City, Washington D.C., London, and Paris, with opportunistic expansion into the San Francisco Bay Area, Denver, and Scotland.

The firm's investment platform spans multiple property sectors including multifamily residential (4,114 owned units plus 1,588 under development), office (3.0 million sf), industrial (2.3 million sf and 134.2 acres of land), retail (1.2 million sf), data centers, film production studios (Wildflower Studios with 11 soundstages), and energy transition infrastructure (battery storage and gas peaker assets). The platform is differentiated by in-house project management, development, and construction capabilities that enable active asset management and value-add repositioning either independently or with operating partners.

Meadow Partners generates revenue through management fees on fund and separate account capital commitments, transaction and asset management fees, and carried interest on investment performance. Capital is raised via direct institutional sales to qualified investors, with $530 million closed for the sixth flagship fund in June 2024. The firm is led by Managing Partner Jeffrey M. Kaplan and Founding Partners J. Andrew McDaniel and Timothy P. Yantz, with 75% of tenured employees participating in carried interest and co-investing personal capital, creating strong alignment between management and limited partners.

Name

Meadow Partners

Legal name

Meadow Partners

Website

https://meadowpartners.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Meadow Partners is a vertically integrated real estate private equity firm managing $6.6 billion in gross AUM across 145 properties, specializing in middle-market transactions ($40M-$200M) in NYC, London, DC, and Paris for institutional investors.

Ownership category

akta.pro rank

Product category

Real Estate Investment Management

NAICS

Other Financial Vehicles (52599), Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259)

SIC

Real Estate Dealers (For Their Own Account) (6532), Investors, Nec (6799)

akta.pro primary industry

Real Estate Funds — Opportunistic / Development (FSANAEAI)

akta.pro secondary industries

Real Estate Funds — Core-Plus (FSANAEAG), Evergreen / Open-Ended Multi-Manager Platforms (FSANAGAM)

Keywords

• Real estate private equity
• Middle-market real estate
• Institutional investment management
• Real estate asset management
• Closed-end real estate funds

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

1. Management Fees: Management fees from managing closed-end funds, open-end evergreen fund, and separately managed accounts on behalf of institutional investors
2. Carried Interest: Performance-based carried interest from investment returns across managed fund vehicles
3. Fund Management: Manages commingled opportunistic funds, perpetual life vehicle, and core/core-plus separately managed accounts

Go-to-market motion3 records

Distribution channels1 record

Marketing channels4 records

Core offering

Meadow Partners is a vertically integrated real estate private equity manager that invests institutional capital in middle-market transactions across NYC, Washington D.C., London, and Paris. The firm operates closed-end funds, an open-end evergreen fund, and separate accounts, deploying capital across multifamily residential, office, industrial, retail, data center, and energy transition infrastructure assets with in-house project management, development, and construction capabilities.

Product overview

Meadow Partners is a vertically integrated real estate private equity manager offering a suite of investment vehicles including closed-end funds, an open-end evergreen fund, and separate accounts for institutional investors. The firm's core products span multiple property sectors—multifamily residential, office, industrial, retail, data centers, and energy transition infrastructure—across New York City, Washington D.C., London, and Paris. With $6.6 billion in gross AUM and 35+ years of track record, the firm manages approximately 145 owned properties totaling millions of square feet across residential (4,114 units), office (3.0 million sf), industrial (2.3 million sf), and retail (1.2 million sf) segments, plus energy infrastructure assets supporting the renewable transition.

Differentiator

Problem solved

Functional benefit

Products and services

• Closed-End Real Estate Funds Closed-end private equity funds that invest in middle-market real estate transactions across targeted markets including New York City, Washington D.C., London, and Paris. The sixth flagship fund closed in June 2024 with $530 million in capital commitments from new and longtime institutional investors.
• Open-End Evergreen Real Estate Fund A perpetual life open-end fund providing ongoing liquidity for investors while maintaining a long-term real estate investment strategy.
• Separate Accounts (Real Estate) Customized separate account solutions for institutional investors seeking tailored real estate investment strategies and portfolio construction.
• Multifamily Residential Real Estate Investing Residential apartment investments across New York City and London, including market-rate and affordable housing, with 4,114 multifamily units owned and 1,588 units under development.
• Office Real Estate Investing Commercial office properties in prime locations including Manhattan and London, totaling approximately 3.0 million square feet.
• Industrial Real Estate Investing Industrial and logistics properties including warehouses, distribution facilities, and outdoor storage sites, with 2.3 million square feet and 134.2 acres of industrial land.
• Retail Real Estate Investing Retail properties including grocery-anchored shopping centers and mixed-use developments, encompassing approximately 1.2 million square feet.
• Energy Transition Infrastructure Investing Battery energy storage systems (BESS) and gas peaker sites supporting renewable energy transition, including the Coalburn BESS site in Scotland and a portfolio of ten U.K. energy ground lease assets with 243.5 MW combined capacity.
• Data Center Real Estate Investing Specialized data center properties such as Manton Park Data Center in London with high voltage power supplies.
• Preferred Equity Financing Preferred equity investment solutions providing capital for property recapitalizations, offering equity-like returns with debt-like risk profiles.

Quantifiable outcome

• Strong support from new and longtime investors for sixth flagship fund raising $530 million
• +3 more outcomes

Named customers7 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered major and minor.

• CitivalemajorStrategic or Co-development Partner · 1 February 2025Joint venture partner for multiple industrial acquisitions including Zodiac Park in West Drayton and J4 Camberley industrial park
• Roadside Real Estate PLCmajorStrategic or Co-development Partner · 1 October 2024Joint acquisition of 12 Lidl stores for total consideration of £70 million
• Affordable Housing & Healthcare GroupmajorStrategic or Co-development Partner · 1 September 2024Partnership to expand senior living portfolio through acquisition of six existing schemes comprising 550 apartments across Southwest of England
• SaxumminorStrategic or Co-development Partner · 1 August 2024Joint acquisition of infill value-add flex industrial asset (1 Electronics Drive) in Central New Jersey
• DLCminorStrategic or Co-development Partner · 1 August 2024Joint acquisition of Penn Mar Shopping Center for $68.5 million, a 378,205 SF grocery-anchored shopping center inside D.C. Capital Beltway
• 60 Guilders LLCmajorImplementation/ SI/ Consulting Partner · 1 August 2022Operating partner for East Village multifamily property (305 East 11th Street and 310 East 12th Street)
• IG Logistics LLCmajorStrategic or Co-development Partner · 1 August 2022Co-acquisition of 27-acre industrial land asset in central Denver for $19 million. IG Logistics is Imperium Capital's industrial platform specializing in infill assets with outdoor storage component.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Rockpoint Group: Boston-based middle-market real estate private equity firm investing across U.S. and European gateway cities. Highly comparable to Meadow in deal-size discipline, opportunistic/value-add strategy, and institutional LP base.
• Madison Realty Capital: New York-based middle-market real estate private equity and debt firm. Compares directly to Meadow on NYC middle-market focus, opportunistic debt and equity solutions, and vertical integration with in-house asset management.
• Northwood Investors: New York-based real estate investment manager founded by John Kukral with operations across the U.S. and Europe. Closely comparable to Meadow on middle-market opportunistic strategy, gateway-city focus, and institutional LP base.
• L&L Holding Company: New York-based vertically integrated real estate firm specializing in office, industrial, and mixed-use development. Comparable to Meadow on vertical integration with in-house development capabilities and NYC asset focus.
• Square Mile Capital: New York-based real estate investment manager focused on middle-market debt and equity opportunities. Highly comparable to Meadow on middle-market deal sizing and gateway-city focus.
• GTIS Partners: New York-based real estate private equity firm investing across U.S. gateway cities and Brazil. Comparable to Meadow on middle-market opportunistic strategy and institutional LP base.
• Crosstree Capital Partners: London-based real estate private equity firm focused on middle-market UK and European opportunities. Comparable to Meadow on middle-market deal sizing, vertical integration, and London market focus.

Broad incumbents

• AEW Capital Management: Global real estate investment manager with core, core-plus, value-add, and opportunistic strategies across multiple sectors. Comparable to Meadow's diversified vehicle structure but at significantly greater scale.
• Brookfield Real Estate: Global real estate investment arm of Brookfield Asset Management with opportunistic, value-add, and core strategies across all major asset classes. Comparable as a broad incumbent in the same opportunity set as Meadow but at vastly larger scale.
• Heitman: Global real estate investment manager offering private equity, debt, and public securities strategies. Comparable to Meadow on diversified real estate investment vehicles and institutional client base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/meadow-partners

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles23 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Meadow Partners