Longpoint Partners LP

Longpoint Partners LP advises a set of private investment partnerships, co‑investment vehicles and two non‑discretionary separately managed institutional accounts, providing portfolio selection, asset management and reporting for pooled real‑estate funds. The adviser structures and manages investments on behalf of the Funds in accordance with each fund’s offering and governing documents and also offers co‑investment vehicles that invest alongside the Funds.

The firm employs a fundamental value approach focused on middle‑market U.S. real estate, emphasizing hands‑on asset management (including repositioning, leasing, operational efficiencies and development) and a preference for industrial and retail sectors. Portfolios are constructed to seek current income and appreciation, with attention to exit discipline, multi‑sector diversification and monitoring of market and asset‑level fundamentals.

Longpoint’s brochure discloses a March 2026 update that includes a December 13, 2024 SEC Order finding failures to file Form PF and resulting in a censure and a $135,000 civil penalty — a material regulatory disclosure. The firm also notes structural features that may be atypical for peer managers: one separately managed account pays carried interest while another does not (creating potential side‑by‑side allocation issues), an affiliate (Longpoint Property Group) provides property management and related services to fund investments, and a client holds a minority stake in the adviser; the firm recently added a relying adviser (Longpoint Partners Europe, LP) and completed a name change in December 2023.