Belveron Partners
Private equitySan Francisco · 23 people tracked
Investment thesis
Belveron Partners concentrates on the affordable and workforce housing segment of the US real estate market, seeking opportunities where its operational experience can generate impact and returns. Its fund management business invests in affordable and workforce housing communities for private and institutional investors, acquiring properties directly and through joint ventures with mission-aligned local partners; it has raised seven funds totaling over $1.2 billion in equity. The firm also pursues development through its investment in Conifer Realty, supporting affordable housing construction. Target assets include Project-Based Section 8, LIHTC properties, and special-opportunity affordable assets governed by local programs, often supported by government subsidies, tax credits, or abatements.
Source: firm website, verified Aug 6, 2026.
Team · 23 people
from the firm's websiteInvestments · 1 tracked
founders shown can be your intro pathFull-service real estate company with development, construction, management and ownership capabilities, supporting affordable housing projects.
Fund performance · per public LP disclosures
as of Nov 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Belveron Partners Fund VIILPs: Employees' Retirement System of Rhode Island | 2024 | — | — | 1.07x | 0.10x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- What sectors does Belveron Partners focus on?
- Belveron Partners focuses on Impact & Social Good, PropTech.
- Where is Belveron Partners located?
- Belveron Partners is headquartered in San Francisco, US.
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