25 Capital Partners

What 25 Capital Partners does

25 Capital Partners, LLC is a Charlotte, North Carolina-based alternative investment management firm founded in 2008 (originally as RoundPoint Capital Group) that specializes in less-liquid private market investments, primarily in mortgage and real estate-related assets. The firm operates two core investment vehicles — a closed private investment fund and separately managed accounts — designed to generate long-term capital growth while limiting principal risk for investors. Its investor base is described as global in principle but operationally concentrated in the United States, comprising public and private pension plans, family offices, foundations, fund of funds, and qualified high net-worth individuals sourced through direct institutional relationships under private placement rules.

The firm is registered as an investment adviser with the U.S. Securities and Exchange Commission under the Investment Advisers Act of 1940 and has managed over $2.5 billion of loans and real estate since inception, though that figure is cumulative rather than a current AUM disclosure. The senior leadership team — President Shaun Ahmad, Managing Director Scott Shultz, and Directors Nikole Hogue and Luna Nguyen — was largely assembled in 2008 and shares a common background in the Global Structured Products group at Banc of America Securities, supporting the firm's stated emphasis on rigorous analytical due diligence and structured value-unlock strategies in mortgage and real estate credit. The firm operates with a small team (11–50 employees), is privately held by founders and management, and has no disclosed parent company, outside equity backing, or M&A activity.

Revenue mechanics rely on conventional alternative asset management economics: management fees on committed or invested capital within the closed fund and separately managed accounts, supplemented by potential performance fees, with offerings restricted to qualified purchasers via confidential offering documents. No proprietary technology platform, API, or AI/ML capabilities are disclosed in available sources, and pricing, fee schedules, and current AUM are not publicly disclosed.

Name

25 Capital Partners

Legal name

25 Capital Partners, LLC

Website

https://25capital.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

25 Capital Partners is a Charlotte, NC-based SEC-registered alternative investment manager founded in 2008, deploying capital into mortgage and real estate-related assets via a closed private fund and separately managed accounts for institutional investors and qualified high net-worth individuals.

Ownership category

akta.pro rank

Product category

Alternative Investment Management

NAICS

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

SIC

Investment Advice (6282), Investors, Nec (6799)

akta.pro primary industry

Private Credit / Direct Lending (FSAAAHAG)

akta.pro secondary industry

Senior Secured Direct Lending (FSANADAA)

Keywords

• Alternative investment management
• Private market investments
• Real estate investing
• Mortgage investment funds
• Separately managed accounts

Headquarters

HQ city

Charlotte

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations

Distribution channels1 record

Core offering

25 Capital Partners is an SEC-registered alternative investment management firm that manages mortgage and real estate-related assets through closed private investment funds and separately managed accounts. The firm serves institutional investors (pension plans, family offices, foundations, fund of funds) and qualified high net-worth individuals seeking long-term capital growth with limited principal risk in less-liquid private market investments. Since 2008, the firm has managed over $2.5 billion of loans and real estate.

Product overview

25 Capital Partners operates as an alternative investment management firm offering two primary investment vehicles: a closed private investment fund and separately managed accounts. The firm specializes in mortgage and real estate-related assets, utilizing rigorous analytical due diligence and creative strategies to generate long-term capital growth while limiting principal risk. The closed fund and separately managed accounts serve different investor preferences for commitment structure, with the firm's global investor base including pension plans, family offices, foundations, fund of funds, and qualified high net-worth individuals.

Differentiator

Problem solved

Functional benefit

Products and services

• Closed Private Investment Fund

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves4 records

Expansion highlights1 record

Direct peers

• Pretium Partners: Pretium is a large private investment manager focused on residential real estate and mortgage-related credit, directly comparable to 25 Capital's mortgage and real estate-related asset focus and use of private funds alongside separately managed accounts.
• Lone Star Funds: Lone Star is a private equity firm specializing in opportunistic real estate and mortgage credit investments, mirroring 25 Capital's strategy of less-liquid private market exposure across loans and real estate.
• Rockpoint Group: Rockpoint is a privately held real estate-focused investment manager that raises institutional capital for opportunistic and value-add strategies, directly comparable to 25 Capital's mortgage-and-real-estate credit focus at a similar boutique scale.

Broad incumbents

• Cerberus Capital Management: Cerberus is a large alternative investment manager with significant mortgage, real estate, and private credit capabilities, operating at greater scale than 25 Capital but serving similar institutional LP needs.
• Starwood Capital Group: Starwood is a major private alternative investment firm focused on real estate debt and equity, representing a scaled incumbent competing for similar institutional and high-net-worth capital pools.
• Oaktree Capital Management: Oaktree is a leading alternative investment manager with strong private credit and structured credit franchises, serving institutional LPs with vehicles comparable to 25 Capital's closed-end funds and SMAs.
• KKR Real Estate: KKR's Real Estate platform invests across real estate debt and equity strategies globally and represents a scaled alternative investment competitor pursuing overlapping institutional mandates.
• Ares Management: Ares operates large credit and real estate franchises serving institutional clients with private debt and real estate strategies, comparable in vehicle structure (closed funds and SMAs) and LP focus to 25 Capital.
• Angelo Gordon (TPG): Angelo Gordon, now part of TPG, runs credit and real estate strategies that overlap with 25 Capital's mortgage and real estate-related focus, representing a scaled peer pursuing a similar institutional LP base.

Emerging players

• Blackstone Mortgage Trust: BXMT is a publicly traded mortgage REIT managed by Blackstone that originates senior loans backed by commercial real estate, providing a scaled institutional competitor for the same less-liquid mortgage opportunities that 25 Capital targets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about 25 Capital Partners