Dallas · 51 people tracked
Investment thesis
Crow Holdings pursues real estate investment and development opportunities rooted in partnership, camaraderie, and integrity. The firm anticipates secular trends and responds to shifts in the economic landscape to identify growth opportunities. The company recently launched Crow Holdings Renewables to develop community and utility-scale solar and battery storage projects, and integrates sustainability considerations throughout its investment lifecycle to drive positive social and economic impact in communities.
Source: firm website, verified Aug 6, 2026.
Team · 51 people
from the firm's websiteWhat they invest in
from 2 of 2 portfolio companiesAI & Machine Learning ×1Cleantech ×1Developer Tools ×1Energy ×1Enterprise Software ×1Hardware ×1Healthtech ×1SaaS ×1
Investments · 2 tracked
founders shown can be your intro pathOrange builds Level 1 and Level 2 EV charging outlets and EVSE hardware paired with its OrangeOS software, designed for multifamily properties.
CleantechEnergyHardware
Co-investorsBaukunstClimacticIntelis CapitalQuorum Capital PartnersSpacecadet VenturesMunich Re Ventures
UserWay develops digital accessibility solutions to make web and digital content compliant with accessibility standards and usable by people with disabilities.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareHealthtechSaaS
Allon Mason(Founder)in
Co-investorsGC AngelsGlynn Capital ManagementHealthy VenturesNorwest Venture Partners
Fund performance · per public LP disclosures · 10
as of Nov 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Crow Holdings Realty Partners X, L.PLPs: Employees' Retirement System of Rhode Island | 2022 | — | — | 0.93x | 0.00x |
| Crow Holdings Realty Partners IX, L.PLPs: Employees' Retirement System of Rhode Island, South Carolina Retirement System Investment Commission | 2020 | — | 4.4% | 1.11x | 0.35x |
| Crow Holdings Realty Partners VIII, L.P.LPs: Connecticut Retirement Plans and Trust Funds | 2017 | — | 22.3% | 1.54x | 1.53x |
| Crow Holdings Retail Fund II, L.P.LPs: North Carolina Retirement Systems, Andrew W. Mellon Foundation | 2016 | — | 9.8% | 1.36x | 1.35x |
| Crow Holdings Realty Partners VII, L.P.LPs: North Carolina Retirement Systems, Connecticut Retirement Plans and Trust Funds | 2015 | — | 10.6% | 1.35x | 1.35x |
| Crow Holdings Retail FundLPs: Employees' Retirement System of Rhode Island, Andrew W. Mellon Foundation | 2015 | — | 8.7% | 1.60x | 1.58x |
| Crow Holdings Realty Partners VI, L.P.LPs: North Carolina Retirement Systems | 2012 | — | 9.4% | 1.37x | 1.35x |
| Crow Holdings Realty Partners V, L.P.LPs: North Carolina Retirement Systems | 2008 | — | 14.9% | 1.50x | 1.50x |
| Crow Holdings Realty Partners IV-A, L.P.LPs: North Carolina Retirement Systems, John D. and Catherine T. MacArthur Foundation | 2006 | — | 1.6% | 1.10x | 1.10x |
| Crow Holdings Realty Partners IV, L.P.LPs: North Carolina Retirement Systems | 2006 | — | 1.6% | 1.10x | 1.10x |
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 Crow Holdings focus on?
- Crow Holdings focuses on PropTech.
- Where is Crow Holdings located?
- Crow Holdings is headquartered in Dallas, US.
- Who does Crow Holdings co-invest with?
- Crow Holdings most often shares deals with GC Angels, Glynn Capital Management, Healthy Ventures, among 4 tracked co-investors.
Media · Podcasts & interviews
featuring the teamWall Street to Dallas: Leadership and Legacy | Michael Levy, Crow Holdings | The Deal Table #1 - YouTube
The Deal Table · Michael Levy
2008 GFC Stories, Restructuring, View on 2024 RE Market - Michael Levy - CEO @ Crow Holdings - #359 - YouTube
The Fort · Michael Levy
MasterMinds: Lessons in Leadership—Michael Levy, Chief Executive Officer, Crow Holdings - YouTube
Ferguson Partners · Michael Levy
The Best Minds in Real Estate with Gadi Kaufmann: Crow Holdings CEO, Michael Levy - YouTube
RCLCO · Michael Levy
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