Consolidated Investment Group

What Consolidated Investment Group does

Consolidated Investment Group (CIG) is a privately held investment company founded in 2003 by David Merage — co-founder of Chef America, the Hot Pockets brand sold to Nestlé in 2002 for $2.6B — and headquartered in Englewood, Colorado. The firm operates through a multi-asset platform branded CIG Markets, organized into three divisions: Real Estate (multi-family apartments, office buildings, industrial holdings, and entitled land), Capital Markets (public equities and external fund investments), and Private Equity (direct acquisitions, with a focus on food and beverage). Real estate holdings span more than 70 U.S. properties, 25,000+ apartment units, approximately 10 million square feet of Class A+ office space (including in New York, Boston, Washington DC, Los Angeles, and Western Europe), and roughly 2,500 acres of residential land plus the multi-year East Park 70 industrial development in Aurora, Colorado.

CIG serves a base of high-net-worth individuals and families, trusts and estates, private foundations (including the David & Laura Merage Foundation and affiliated family foundations), and real estate and investment holding entities, using a direct-relationship distribution model with individually negotiated terms. Revenue is generated through managed investment services — direct and joint-venture real estate ownership, opportunistic value-oriented public equity investing, fund-of-fund relationships with leading managers, and private equity acquisitions that have driven up to 30% YoY revenue growth in portfolio companies. The firm is controlled by founder David Merage and supported by a small executive team (1-10 employees) including a CFO, CIO, and COO, alongside an affiliated consumer growth-equity vehicle, Echo Capital Group.

The firm is not a technology company; core technology is described as not applicable, and it does not disclose proprietary AI/ML, APIs, or product integrations. Marketing and investor relations are conducted primarily through the corporate website (ciginvest.com) and direct executive relationships, with social responsibility and Merage family philanthropy positioned as brand differentiators.

Name

Consolidated Investment Group

Legal name

Consolidated Investment Group LLC

Website

https://ciginvest.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

1–10 employees

Short description

Consolidated Investment Group is a privately held, family-controlled investment company managing real estate (70+ properties, 25,000+ apartment units, 10M sq ft of office), public equities and fund investments, and private equity for high-net-worth individuals, trusts, and private foundations.

Ownership category

akta.pro rank

Product category

Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259), All Other Financial Investment Activities (52399)

SIC

Investors, Nec (6799), Real Estate Dealers (For Their Own Account) (6532), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)

akta.pro secondary industries

Core Real Estate (Stabilized/Core-Plus) (FSAAAKAA), Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE)

Keywords

• Commercial real estate investment
• Multi-family apartments
• Private equity investments
• Capital markets management
• Institutional investment management

Headquarters

HQ city

Englewood

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Investment and Development: CIG generates returns through direct investment and joint venture partnerships in multi-family apartments, office buildings, industrial holdings, and land holdings for development. The real estate portfolio includes more than 70 properties across the U.S. with investments in approximately 25,000+ apartment units and 10 million square feet of office space.
2. Capital Markets: Directing capital on public equities and fund investments, CIG pursues long-term investment opportunities generating superior returns. The Capital Markets division takes an opportunistic approach applying value-oriented, bottoms-up fundamental analysis to security selection, investing globally in public equities and developing relationships with leading investment managers for fund investments including long only equities, long/short equities, multi-strategy, global macro, event-driven, distressed private equity and venture capital.
3. Private Equity: CIG's private equity division has driven success in acquired companies of up to 30% in year-over-year revenue growth. The company makes direct investments and acquisitions, particularly in food and beverage companies through the Private Equity Direct Investment Division.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Consolidated Investment Group is a privately-held investment management firm that allocates capital across three core divisions: Real Estate (direct and joint venture ownership of 70+ multi-family apartment properties with 25,000+ units, 10 million sq ft of Class A+ office space, and 2,500+ acres of entitled residential and industrial land), Capital Markets (public equities and fund investments), and Private Equity (direct acquisitions, with a focus on food and beverage). The firm manages investments on behalf of high-net-worth individuals, families, trusts, private foundations, and investment holding entities, pursuing long-term risk-adjusted returns.

Product overview

Consolidated Investment Group (CIG) operates through its branded investment platform CIG Markets, organized into two primary divisions: Real Estate and Capital Markets. The Real Estate division offers multi-family apartments (25,000+ units across target markets), office buildings (10M+ sq ft of Class A+ space), and industrial/land holdings (2,500 acres for development plus industrial parks). The Capital Markets division provides public equities investing (value-oriented, bottoms-up approach) and fund investments (long/short equities, multi-strategy, global macro, distressed private equity, venture capital). CIG also maintains a private equity division focused on direct acquisitions. The company was founded in 2003 and is headquartered in Englewood, Colorado.

Differentiator

Problem solved

Functional benefit

Brands

• CIG Markets: Investment management division focused on public equities and fund investments.

Products and services

• Multi-Family Apartments Investment Direct investment and joint venture ownership of multi-family residential properties, with ownership interests in over 25,000 apartment units across target U.S. markets including Dallas, Austin, Houston, Raleigh, Denver, Phoenix, Salt Lake City, and Southern California. Offered to high-net-worth individuals, families, trusts, foundations, and investment holding entities.
• Office Buildings Investment Direct ownership of approximately 10 million square feet of Class A+ office space throughout the United States including New York, Boston, Washington DC, Los Angeles, and Western Europe. Made available to CIG's investor base of high-net-worth individuals and family entities.
• Industrial and Land Holdings Investment Ownership of approximately 2,500 acres of residential land in Denver, Southern California, Hawaii, and Phoenix entitled for single family and multifamily development, plus over 100 acres of industrial park development including East Park 70 Industrial Park in Aurora, Colorado with over 1 million square feet of completed Class A warehouse/distribution facilities and close to 1.5 million square feet planned at full development. Tenants include UPS, Wayfair, Benjamin Moore, Goodwill Industries, Bunzel Distribution, and Diplomat Packaging.
• Public Equities Investment CIG's Capital Markets division invests in public equities using an opportunistic, value-oriented, bottoms-up fundamental analysis approach with global reach, seeking under-valued stocks growing faster than the broader market. Noteworthy reported positions include Meta Platforms, Micron Technology, Netflix, Palo Alto Networks, Wabtec, Cheniere Energy, and Camden Property Trust.
• Fund Investments
• Private Equity Direct Investment Direct investment and acquisitions of operating companies, with a particular focus on food and beverage businesses, that have historically driven up to 30% year-over-year revenue growth in acquired companies. Source for deal origination includes Echo Capital Group, CIG's sister company focused on growth equity in consumer products.

Quantifiable outcome

• Private equity division has driven success in acquired companies of up to 30% in year-over-year revenue growth
• +4 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and minor.

• Early Learning VenturescoreStrategic or Co-development Partner · 1 January 2009Founded in 2009 by the David & Laura Merage Foundation, ELV became an independent public nonprofit in 2016. CIG provides office space and resources to support the foundation's mission of expanding access to quality, affordable child care. CIG also recruits for ELV positions.
• Echo Capital GroupcoreStrategic or Co-development PartnerEcho Capital Group is a sister company to Consolidated Investment Group, which makes growth equity investments and provides strategic leadership for young companies in the consumer products space. Sabrina Naim serves as Principal of Echo Capital Group while also serving as VP of Corporate Strategy at CIG.
• David & Laura Merage FoundationcoreStrategic or Co-development PartnerCIG actively supports the foundation by providing office space, resources, and human capital to ensure the foundation can focus on tackling complex societal problems and creating lasting solutions within the community. The foundation invests in social change resulting in children, families, and communities improving their quality of life.
• Sabrina Merage FoundationminorStrategic or Co-development PartnerOne of the Merage family foundations that CIG supports. The foundation exists to build bridges between diverse societies, ultimately leading to a more peaceful world.
• Jonathan Merage FoundationminorStrategic or Co-development PartnerOne of the Merage family foundations that CIG supports through social responsibility programs.
• Merage Foundation IsraelminorStrategic or Co-development PartnerOne of the Merage family foundations that CIG supports, focused on initiatives in Israel. CIG also invests in real estate in Israel through Tim Bertoch's oversight.
• Black CubeminorStrategic or Co-development PartnerOne of the initiatives under the Merage Foundations consortium that CIG supports through resources and human capital.
• David Merage Foundation for Confronting AntisemitismminorStrategic or Co-development PartnerFocuses specifically on addressing the rising problem of antisemitism through strategic philanthropy, research, and new approaches to advocacy. CIG recruits for program positions including the Program Manager for the Running to Lead program.
• EquitasminorStrategic or Co-development PartnerOne of the nonprofit partners supported through CIG's social responsibility programs and charitable giving initiatives.
• RedlineminorStrategic or Co-development PartnerOne of the nonprofit partners supported through CIG's social responsibility programs and charitable giving initiatives.

Scale indicators13 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Fisher Brothers: Family-owned real estate investment and management firm based in New York City. Comparable to CIG as a privately-controlled multi-property real estate investor operating across office, residential and mixed-use assets with a long-tenured family capital base.
• Clarion Partners: Institutional real estate investment manager (now part of Franklin Templeton) focused on multi-family, office, industrial and land. Comparable to CIG in its multi-sector real estate portfolio construction and direct investment orientation.
• AEW Capital Management: Real estate investment manager with multi-sector portfolios across North America and Europe. Comparable to CIG in managing diversified institutional-quality real estate portfolios for long-term-oriented investors.
• CIM Group: Privately-held real estate and infrastructure investment firm with a vertically integrated platform across asset classes. Comparable to CIG in operating a multi-strategy, principal-capital real estate investment platform.
• Rockpoint Group: Private real estate investment firm focused on equity and credit strategies across the U.S. and Europe. Comparable to CIG in combining direct real estate ownership with fund investment capabilities for institutional capital.
• GTIS Partners: Real estate investment firm targeting institutional capital for residential, office, industrial and land development in the U.S. Comparable to CIG in combining direct development, joint ventures and multi-sector real estate investing.
• RXR Realty: Privately-held real estate investment and management platform with office, residential and mixed-use assets. Comparable to CIG as a privately-controlled real estate investor with multi-property, multi-sector exposure.

Broad incumbents

• The Related Companies: Large family-controlled real estate development and investment firm. Comparable to CIG as a privately-held, family-driven real estate enterprise with mixed-use, residential and commercial exposure, though materially larger in scale.
• TPG Angelo Gordon: Multi-strategy alternative investment platform (formerly Angelo, Gordon & Co.) with significant real estate, credit and private equity capabilities. Comparable to CIG in combining real estate investing with broader alternative strategies.
• Berkshire Partners: Private equity firm with a focus on consumer and industrial businesses. Comparable to CIG's Private Equity Direct Investment Division in its food and beverage / consumer focus and operating value-add orientation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ciginvest
• Facebookfacebook.com/ciginvest
• LinkedInlinkedin.com/company/consolidated-investment-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

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

M&A

Investments5 records

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

Frequently asked questions about Consolidated Investment Group