Current Capital Partners LLC

About The Fund

Current Capital Partners LLC, operating as CrossHarbor Capital Partners, is a privately-owned investment and asset management firm dedicated to commercial real estate within the United States. Established in 1993 by specialists in loan workout and property turnarounds, it has positioned itself as a leader in the private equity real estate industry, offering thoughtful analysis, creative structuring, and superior execution to its investment approach. The firm has achieved an investment track record of $30.0 billion across 360+ transactions, with assets under management of $10.2 billion as well as serving 100+ institutional investors. CrossHarbor manages multiple fund strategies which invest across different risk/return spectrums on behalf of a diversified roster of clients including endowments, foundations, pension plans, financial institutions, family offices, and sovereign entities. They have been in business for 31 years, and their core mission involves applying diligent processes, utilizing sophisticated legal and financial structures, and proactive asset management to select transactions with a value-oriented investment thesis. CrossHarbor's investments are diversely structured, including equity, preferred equity, mezzanine loans, and senior loans, with decisions based on investment basis, capital preservation, and assessing risk-adjusted returns. Moreover, the firm tailors its capital structure for each transaction and invests substantial equity both independently and jointly with third-party JV sponsors. They offer gap financing solutions to property owners and actively lend to owners of various commercial properties. CrossHarbor Sponsored Investment Vehicles represent a range of investment programs with distinct risk/return profiles, funded through institutional commingled funds and separate accounts managed by the firm. Their portfolio of investments is extensive and non-discriminatory in regards to commercial real estate asset types across all major classes in the U.S., including office, industrial, retail, residential, hospitality, land, and mixed-use properties. At the team's core is a wealth of experience averaging over 35 years, with senior managers proficient in navigating numerous economic and market cycles. The firm’s commitment extends toward integrating ESG practices at both the organizational and investment levels, aiming to be socially responsible while meeting the financial objectives of their investors and upholding ethical values, resource efficiency, sustainability, transparency, and integrity.