BGO Strategic Capital Partners (“BGO SCP”) is a market-leading, global multi-manager platform. Founded in 2002, BGO SCP invests across the full suite of multi-manager investment strategies, including primary commitments to funds, traditional and GP-led secondary transactions and co-investments into direct assets. Investments are made through the BGO Secondaries and BGO Co-Investment fund series (closed-end) and custom separately managed accounts.
As of June 30, 2021, BGO SCP has invested with more than 130 managers across 280+ fund investments with exposure to more than 5,000 assets globally. Since its inception, BGO SCP has sponsored and managed 40 closed-end private equity real estate multi-manager funds and custom account programs. With an active investment team presence in North America, Europe and Asia Pacific, we possess deep local market knowledge and a broad manager network.
BGO SCP is co-headed by Sarah Schwarzschild (New York) and John So (Hong Kong) with Andrew Jacobs and Cherine Aboulzelof as regional leads of North America and Europe, respectively.
BGO Strategic Capital Partners has invested in real estate secondaries since its inception in 2002, navigating diverse economic and market conditions over multiple cycles. In 2014, BGO SCP launched its first dedicated secondaries fund, MREP Secondaries Fund, in response to the growing market opportunity for real estate secondaries. Its successor, MREP Secondaries Fund II, held a final closing in Q4 2018. Secondaries are also offered through separately managed accounts.
Our investment strategy encompasses both traditional secondaries, in which we purchase limited partner interests in funds, and GP-led recaps of individual assets or portfolios. This flexibility gives us a variety of ways to create liquidity and capital solutions for the existing investors in real estate deals. We look for attractive entry points into assets fitting our global investment themes and the opportunity to partner with strong GPs on their business plans moving forward.
We source secondaries by leveraging our integrated investment platform, team of secondary industry pioneers and broad manager network.
BGO Strategic Capital Partners has been pursuing direct property co-investments alongside its managers since 2008. In 2014, BGO SCP launched its first – and the market’s first – dedicated co-investments fund, MREP Co-Investments Fund, to provide investors with more targeted access to global co-investment opportunities. Successor MREP Co-Investments Fund II reached its final closing in Q2 2020. Co-Investments are also offered through separately managed accounts.
Our investment strategy is to partner with leading middle-market managers on both single asset acquisitions and larger programmatic transactions. This flexibility allows us to serve as a capital solution for managers seeking to acquire assets requiring excess capital sources, accelerated closing timelines, and fund concentration management. We look for well-located assets fitting our global investment themes and the opportunity to establish longstanding relationships with strong managers.
We source co-investments by leveraging our integrated investment platform, deep bench of professionals who have direct real estate investment experience and broad manager network.
In addition to the BGO SCP flagship fund series, BGO SCP utilizes the team’s broad capabilities and the natural synergies stemming from its three complementary strategies to create customized real estate programs. Mandates are tailored by strategy (primaries, secondaries and co-investments), geography, risk/return profile and property types, among other themes, and offer varying degrees of investment discretion, allowing the investor to be involved in the investment decision-making process, as desired. We work collaboratively with our clients to meet their investment objectives.