ElmTree Funds
Private equitySt. Louis · 29 people tracked
Investment thesis
ElmTree Funds pursues a focused strategy in the build-to-suit, net-lease industrial real estate market. It targets the acquisition of newly constructed, mission-critical and operationally significant industrial assets leased to investment-grade tenants on a long-term basis across the United States. The firm emphasizes credit-worthy tenants and long-duration leases, and its investment team brings experience spanning sourcing, construction, investing, and financing.
Source: firm website, verified Aug 25, 2026.
Team · 29 people
from the firm's websiteFund performance · per public LP disclosures
as of Sep 2024| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| ElmTree LeaseLPs: New York City Fire Department Pension Fund | 2020 | — | — | 12.00x | — |
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 is ElmTree Funds's typical check size?
- ElmTree Funds typically writes checks of $20M – $150M.
- What sectors does ElmTree Funds focus on?
- ElmTree Funds focuses on PropTech.
- Where is ElmTree Funds located?
- ElmTree Funds is headquartered in St. Louis, US.
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