Declaration Partners

Declaration Partners is a private investment firm specializing in private equity, real estate, and venture capital investments. Anchored by the family office of David M. Rubenstein, co-founder of The Carlyle Group, the firm partners with like-minded entrepreneurs, operators, and investors to create the next generation of value. With approximately $2.2 billion in assets under management, Declaration Partners emphasizes long-term partnership alignment to optimize shared outcomes. The firm's investment strategies include private investments, real estate, GP solutions, and other opportunistic investments. Declaration Partners has a diverse portfolio, including companies such as Acorns, Altruist, Cadre, Figment, Immutable, Ramp, Solidus Labs, Sure, and Varo. The firm has also engaged in joint ventures, such as the partnership with 4 Rivers Property Group and Big Cypress Capital to develop self-storage facilities in the Southeastern United States. Additionally, Declaration Partners has established a continuation fund partnership with Lombard Odier Investment Managers, broadening its investor base and supporting the growth of its portfolio companies. The firm's team comprises experienced professionals with a combined 270+ years of institutional investment experience, supported by an institutional investment management infrastructure. Declaration Partners prioritizes reputation and integrity, building lasting relationships with founders, family owners, management teams, and co-investors to achieve sustainable growth and success for its portfolio companies. Declaration Partners' real estate investment strategy includes proprietary joint ventures, preferred equity investments intended to facilitate downside protection, as well as upside participation from co-GP partnerships. The firm seeks to combine the best attributes of family office flexibility and institutional quality investing to generate attractive risk-adjusted returns. Declaration Partners targets investment opportunities where family orientation, flexible capital, and a longer-term perspective provide competitive advantages. The firm aims to preserve a family office mindset, invest flexibly across real estate sectors and geographies, deploy selectively without artificial pressure to deploy capital, and own actively to create enduring value through renovation, repositioning, and development strategies, with a preference for long-term compounding. In recent months, the Declaration real estate team completed a flurry of activity, capitalizing on the groundwork laid in recent years amidst significant disruption in real estate markets. Recently completed investments include an industrial property in the Hamptons (New York), a preferred equity investment in a 381-unit luxury multifamily property in Dallas, and an advanced manufacturing campus outside of Boston. Each of these investments, as well as most others in the Fund II portfolio, have been sourced through Declaration's proprietary relationships and programmatic partnerships, rather than competitive auctions. Declaration Partners' approach emphasizes partnership born from its family office heritage while seeking to achieve favorable long-term outcomes with strong alignment. The firm was founded in 2017 and is headquartered in New York with an office in the Washington, DC area. Declaration Partners' team comprises experienced professionals with a combined 270+ years of institutional investment experience, supported by an institutional investment management infrastructure. The firm prioritizes reputation and integrity, building lasting relationships with founders, family owners, management teams, and co-investors to achieve sustainable growth and success for its portfolio companies.

Experienced management teams, Scalable business models, Strong growth potential, Alignment with firm's investment strategies, Flexible capital, Long-term investment horizon, Partnership with entrepreneurs and operators