ElmTree Funds
Private equitySt. Louis · 36 people tracked
Find your way into ElmTree Funds
Sign up to see every warm intro you have to ElmTree Funds
- Paths you didn't know you had: your email and LinkedIn already hold routes to the ElmTree Funds team. We find them for you
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
Investment thesis
ElmTree Funds pursues a focused investment strategy in the build-to-suit, net-lease commercial real estate market. It targets the acquisition of newly constructed, mission-critical and operationally significant single-tenant industrial assets leased on a long-term basis to credit-worthy, investment-grade tenants throughout the United States. The firm emphasizes its investment team's depth of experience across sourcing, construction, investing, and financing. As of 2025, ElmTree was acquired by BlackRock.
Source: firm website, verified Sep 29, 2026.
Team · 36 people
from the firm's website & curated & public directoriesFund 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.
Images
Similar investors
Blume Ventures is a seed and pre-Series A investment firm headquartered in Mumbai that focuses on early-stage companies in India.
Channel 4 Ventures is the corporate venture investment arm associated with Channel 4, backing consumer-facing brands and technology companies primarily in the UK and Europe.
Correlation Ventures is a venture capital firm that emphasizes a fast, data-driven investment process, using a large VC dataset and its network to support startups.
Crosslink Capital is an early-stage venture capital firm founded in San Francisco that partners with founders building category-defining enterprise and consumer technology companies.
DCM Ventures is an early-stage venture capital firm that leads rounds and partners with a small number of companies each year, backing innovative founders with a global, cross-border team.









































