Round Hill Capital
Round Hill Capital is a London-headquartered, vertically integrated real estate investment manager founded in 2002, managing $13BN and 140k units across residential, student accommodation, and adjacent sectors for institutional LPs globally.
- Company typePrivate
- Founded2002
- HeadquartersLondon, United Kingdom
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Round Hill Capital does
Round Hill Capital is a London-headquartered, privately held real estate investment manager founded in 2002 by Michael Bickford. The firm operates a vertically integrated platform spanning investment management, asset management, development management, and property management, and has acquired and managed more than $13 billion of real estate investments encompassing approximately 140,000 units since inception. Core sectors are residential build-to-rent (BTR) and purpose-built student accommodation (PBSA), with stated diversification into senior living, logistics and industrial, and PropTech; PBSA operations are run through the in-house Nido Student brand established in 2007.
The company delivers investment and development mandates end-to-end, using a proprietary Global Control Process for risk management and relying on local development partners (Watkin Jones in the UK, Cosgrave in Ireland, Affiliated in Florida) for construction, while retaining operating control through Nido Student and on-the-ground asset and property management teams. CIM Group is a major shareholder, providing shared back-office systems and co-located offices in New York and Los Angeles; KKR is a named anchor financial partner on the UK PBSA programme.
Revenue is generated primarily through recurring management fees on assets under management, supplemented by development management, asset management, and property management fees, with pricing not publicly disclosed. Distribution is direct-to-institutional: sovereign wealth funds, pension funds, insurance companies, and family offices are reached through ten offices in London, Amsterdam, Madrid, Berlin, Luxembourg, Helsinki, Palm Beach, New York, Los Angeles, and Singapore. Leadership comprises founder/CEO Michael Bickford, CIO Kirk Lindstrom (ex-Goldman Sachs, ex-Merrill Lynch), and COO Sandra Burrows (ex-Blackstone, ex-Praemia REIM, appointed March 2025).
Round Hill Capital firmographics
Firmographics- Name
- Round Hill Capital
- Legal name
- Round Hill Capital Ventures LLC
- Website
- https://roundhillcapital.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Round Hill Capital is a London-headquartered, vertically integrated real estate investment manager founded in 2002, managing $13BN and 140k units across residential, student accommodation, and adjacent sectors for institutional LPs globally.
- Ownership category
- akta.pro rank
Round Hill Capital industry classification
Industry- Product category
- Real Estate Investment Management
- NAICS
- Other Financial Vehicles (52599), Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Investors, Nec (6799), Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Core Real Estate (Stabilized/Core-Plus) (FSAAAKAA)
- akta.pro secondary industries
- Real Estate Funds — Core-Plus (FSANAEAG), Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE), Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE)
Keywords
Where Round Hill Capital is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices10 records
Markets served
Round Hill Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- Investment Management Fees: Management fees charged on assets under management, typically a percentage of the capital managed for institutional investors.
- Development Management Fees: Fees for overseeing development projects from acquisition through to completion, including end-to-end turnkey solutions.
- Asset Management Fees: Ongoing fees for asset optimization and value creation across the portfolio.
- Property Management Revenue: Revenue from property management services including tenant management and facilities operations.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Round Hill Capital product offering
Product offeringCore offering
Round Hill Capital is a vertically integrated real estate investment management firm offering investment management, asset management, development management, and property management services across residential, student accommodation, senior living, and logistics/industrial sectors in Europe, the US, and Asia. The firm deploys institutional capital into real estate strategies and operates its own purpose-built student accommodation brand, Nido Student, with over 140,000 units owned and managed since 2002.
Product overview
Round Hill Capital is a vertically integrated real estate investment management firm offering a comprehensive suite of services including Investment Management, Asset Management, Development Management, and Property Management. The company operates across multiple real estate sectors including Residential, Student Accommodation, Senior Living, and Logistics & Industrial. Through its Nido Student sub-brand (established 2007), the firm provides operating platform services for purpose-built student accommodation. The company has delivered over 140,000 units since 2002 and manages approximately $13 billion in capital across 10 offices globally.
Differentiator
Problem solved
Functional benefit
Brands
- Nido Student: Award-winning purpose-built student accommodation (PBSA) operating platform established in 2007, operating student housing across key universities.
Products and services
- Investment Management Core investment management services encompassing acquisition, portfolio management, and capital deployment for institutional real estate investments across residential, student accommodation, senior living, and logistics sectors.
- Asset Management Asset management services focused on optimizing performance and value of real estate portfolios through active oversight and strategic initiatives.
- Development Management End-to-end development management services covering project conception, construction oversight, and delivery for new real estate developments, including forward-funding and turnkey solutions.
- Property Management Property management services for owned and managed units, handling tenant relations, maintenance, facilities operations, and operational excellence.
- Nido Student Award-winning purpose-built student accommodation (PBSA) operating platform providing property management, marketing, tenant services, and amenities across student housing developments in key higher-education markets.
Quantifiable outcome
- Delivered 2,163 student accommodation beds across UK on programme and reached stabilization in August 2021
- +3 more outcomes
Companies that use Round Hill Capital
Customer profileNamed customers6 records
Segments6 records
Ideal customer profiles2 records
Round Hill Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Round Hill Capital partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor and core.
- Neinor HomesminorNeinor Homes is a Spanish residential developer from whom RHC acquired a portfolio extension for €25 million to extend their Spanish residential-for-rent portfolio.
- Watkin JonescoreWatkin Jones is the development partner for forward funding transactions of UK PBSA projects. RHC partnered with Watkin Jones to deliver 5 student accommodation developments totaling 2,163 beds across London, Glasgow, Bristol, and Coventry.
- CosgravecoreCosgrave is a local housebuilder partner for Dublin BTR development. RHC Development partnered with Cosgrave to deliver the Bridgefield development - 214 BTR units located 10 minutes from Dublin airport and 20 minutes from city centre, now 100% leased.
- AffiliatedcoreAffiliated is the local development partner for Florida multifamily project. RHC partnered with Affiliated to deliver The SIX13 - a mixed-use six-story building with 142 apartment units and ground-floor commercial space in Florida.
- Nido StudentcoreNido Student is an integrated operating partner for PBSA developments, managing student housing operations and amenities. Established in 2007, Nido Student has excellent relationships with key universities and manages existing tenants with tracked communication and support programs.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
Round Hill Capital competitors and assessment
Company assessmentDirect peers
- Henderson Park: Private real estate investment manager focused on European residential, student housing, and living sectors. Closely comparable in strategy, asset class mix, and institutional LP relationships.
- Greystar Real Estate Partners: World's largest operator and investment manager in rental housing and student accommodation. Most directly comparable peer given shared focus on BTR, multifamily, and PBSA at global scale with vertically integrated operating capabilities.
- Patrizia: European-headquartered real estate investment manager with strong residential and PBSA exposure (now part of TPG). Comparable in vertical integration, European geographic focus, and institutional client base.
- EQT Real Estate: European real estate investment arm of EQT with significant residential and living sector exposure. Comparable in institutional capital deployment, European focus, and vertically integrated operating model.
Broad incumbents
- CBRE Investment Management: Global real estate investment management arm of CBRE Group with broad sector exposure including residential and student housing. Larger, more diversified incumbent operating across all major real estate sectors.
- LaSalle Investment Management: JLL-owned global real estate investment manager with diversified strategies including residential and student accommodation. Comparable institutional client base and AUM scale.
- Nuveen Real Estate: TIAA-owned global real estate investment manager with $150BN+ AUM including residential and student housing strategies. Larger incumbent with comparable institutional LP base.
- Brookfield Real Estate: Major global alternative asset manager with substantial real estate operations including multifamily and student housing. Significantly larger scale incumbent serving similar institutional clients.
Regional players
- Heimstaden: Major European residential real estate owner and operator focused on BTR. Comparable in residential focus and European footprint though primarily as direct owner rather than third-party investment manager.
Others
- Watkin Jones: UK-listed PBSA and residential developer serving as RHC's development partner on UK PBSA projects. Included as adjacent ecosystem participant given development partnership, though business model (developer vs. investment manager) differs.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Round Hill Capital social profiles
Digital presenceRound Hill Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Round Hill Capital leadership team
Management profileNumber of profiles
Profiles6 records
Round Hill Capital subsidiaries and ownership
Company hierarchySubsidiaries1 record
Round Hill Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Round Hill Capital M&A and investment
M&A and investmentM&A
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Round Hill Capital
What does Round Hill Capital do?
Round Hill Capital is a vertically integrated real estate investment management firm offering investment management, asset management, development management, and property management services across residential, student accommodation, senior living, and logistics/industrial sectors in Europe, the US, and Asia. The firm deploys institutional capital into real estate strategies and operates its own purpose-built student accommodation brand, Nido Student, with over 140,000 units owned and managed since 2002.
Is Round Hill Capital a public or private company?
Round Hill Capital is a private company. It is classified as private equity controlled and is currently operating.
When was Round Hill Capital founded?
Round Hill Capital was founded in 2002. It employs 251 to 500 people.
Where is Round Hill Capital based?
Round Hill Capital is headquartered in London, United Kingdom, in the Europe region.
How does Round Hill Capital make money?
Four revenue lines are on record. Investment Management Fees are the primary driver. The others are development Management Fees, asset Management Fees and property Management Revenue.
Who are Round Hill Capital's main competitors?
Direct peers on record are Henderson Park, Greystar Real Estate Partners, Patrizia and EQT Real Estate. Broad incumbents are CBRE Investment Management, LaSalle Investment Management, Nuveen Real Estate and Brookfield Real Estate. Heimstaden is listed as a regional player. Watkin Jones is listed as an others.
Does Round Hill Capital have an API?
No public API is recorded for Round Hill Capital.
What industry is Round Hill Capital in?
Round Hill Capital's product category is Real Estate Investment Management. Its primary akta.pro industry code is FSAAAKAA, Core Real Estate (Stabilized/Core-Plus), with a secondary code of FSANAEAG, Real Estate Funds — Core-Plus. Its NAICS code is 52599 and its SIC code is 6531.