Retail, Mixed-Use & Adaptive Reuse Platform

Platform Fund III

Retail, Mixed-Use & Adaptive Reuse Platform


A consolidated platform fund targeting a 13.0%-17.0% net return range across institutional-quality assets.

$4.00B
Fund Size
13.0%-17.0%
Net IRR Target
2
Portfolio Companies
Retail
Strategy
Strategy

Investment thesis

Comprehensive mixed-use platform investing in urban redevelopment, Class B/C office repositioning, open-air lifestyle and grocery-anchored retail, hotel-to-residential adaptive reuse, and main-street community revitalization. Converts underutilized commercial corridors into integrated live-work-retail environments and transforms transitional assets into modern multifamily, medical office, education, and mixed-use product through transit-oriented design and phased value creation.

Discipline

How the fund is governed

  • Structured as a Delaware limited partnership with a fund-specific general partner
  • Investment period equal to one-half of the fund term
  • Economic terms calibrated to strategy risk and cash-flow durability
  • Deployment governed by the firm investment committee
  • Audited by PricewaterhouseCoopers LLP with counsel from LePore Law Group
Consolidation lineage

Predecessor vehicles

Following the 2026 platform consolidation, this fund integrates the following original SBC fund vehicles under a single platform mandate, concentrating capital in a scaled, institutional-quality fund.

Funds III, X, XXIII, XXXIX, LVI

We size each fund to the durability of its cash flows, not the appetite of the moment. Concentration follows conviction, and conviction follows underwriting.
Slate Blue Capital Investment Committee

Talk to our investor relations team

For fund materials, capital account information, and partnership inquiries, reach Slate Blue Capital directly.

Contact Investor Relations