Calibogue Capital

Overview

Calibogue Capital is a private equity firm specializing in real estate investments across the United States. The firm focuses on joint venture equity capital, connecting investors with developers to facilitate a diverse range of high-quality real estate projects. Their investment process is designed to build quality partnerships, generate consistent returns, and deliver sustained growth for partners. They aim to create investment opportunities and foster new relationships for long-term wealth creation in commercial real estate across various geographic markets and asset classes. The firm's investment approach is centered on providing access to professional managers who oversee the process, allowing investors to allocate a portion of their portfolios to real estate. They emphasize building trust through straightforward communication and a consistent, sustainable process across market cycles, markets, and asset classes. Calibogue Capital partners deliberately, taking a patient and thorough approach to investing, conducting due diligence, and leveraging expertise to pursue only the most promising investment opportunities and partnerships. Their principals invest alongside their partners, aiming to achieve optimal outcomes and returns for all involved. Calibogue Capital's performance metrics include targeting equity investments between $12 million and $20 million, with over 50 total investments and a 91% realization rate. The firm boasts a 30.5% simple average gross internal rate of return (IRR) and a 16.0% lifetime investor compound annual growth rate (CAGR). They have been investing discretionary third-party capital for 13 years, raising over $265 million in discretionary third-party capital. Their priorities include providing developers with heightened control over their investments from a sophisticated investor who understands the risks and challenges of their business, and offering investors a diversified portfolio of carefully selected opportunities with best-in-class reporting.