DLJ Real Estate Capital Partners, LLC

DLJ Real Estate Capital Partners, LLC advises commingled real‑estate private equity funds and related single‑asset joint ventures on behalf of institutional investors and high‑net‑worth accredited or qualified purchasers, with fund offerings typically carrying a $10 million minimum commitment. As of December 31, 2025, the firm reported approximately $673 million in discretionary assets under management and provides sourcing, acquisition, asset management and disposition services governed by each Partnership’s offering documents.

The firm pursues an opportunistic, long‑term private equity approach that includes direct investments in development projects, non‑performing loans and leveraged acquisitions, and it may form parallel or “mirror‑image” vehicles and combine fund capital in JVs to execute transactions. DLJ RECP generally exercises discretionary authority under each Partnership agreement, negotiates transaction‑level fees for affiliate‑provided property services, and employs performance‑based allocations (carried interest) alongside management fees.

DLJ RECP discloses the use of third‑party placement agents and cash compensation arrangements for investor introductions and states these arrangements comply with the SEC marketing/endorsement rule, a practice that is less common among peers. The firm also operates an affiliated operating platform that provides property, development and EB‑5 administration services, notes the routine use of side letters and bespoke fee offsets, and in some JV arrangements remits a portion of carried interest back to corresponding funds—features that can affect allocation and economics for investors.