Eightfold, a Delaware limited partnership organized in March 2012, is primarily owned (70%) and controlled
by SW7 Partners, L.P. which is owned or controlled by: Robert Cherry, Larry Golinsky, Isaac Pesin, Ronald
E. Schrager, Brian A. Tageson, Kevin W. Wodicka, and Randolph J. Wolpert (collectively the “Partners”).
Four private funds managed or formed by Abrams Capital Management, L.P. (“Abrams”), own the remaining
interest (30%) in Eightfold.
Eightfold currently provides discretionary investment advisory services and management services to eleven
private pooled investment vehicles: Eightfold Real Estate Capital Fund I, L.P. (“Fund I”), Eightfold Real
Estate Capital Fund II, L.P. (“Fund II”), Eightfold Real Estate Capital Fund III, L.P. (“Fund III”), Eightfold
Real Estate Capital Fund IV L.P. (“Fund IV”), Eightfold Real Estate Capital Fund V L.P. (“Fund V”), and
Eightfold Real Estate Capital Fund VI L.P. (“Fund VI”, and collectively with Funds I-V, the “CMBS Funds”)
and Eightfold Opportunity Fund I, L.P. (“Opportunity Fund I”) (f/k/a/ Eightfold Structured Real Estate Fund
I, L.P.), Eightfold Opportunity Fund II, L.P. (“Opportunity Fund II”) (f/k/a Eightfold Structured Real Estate
Fund II, L.P.), Eightfold Opportunity Fund III, L.P. (“Opportunity Fund III”), Eightfold Opportunity Fund
IV, L.P. (“Opportunity Fund IV”) and Eightfold Opportunity Fund V, L.P. (“Opportunity Fund V”, and
collectively with Opportunity Funds I-IV, the “Opportunity Funds”). The CMBS Funds
and the Opportunity
Funds are referred to herein individually as a “Fund” and collectively as the “Funds”. The investors in Fund
I, Fund II, Opportunity Fund I and Opportunity Fund II solely consist of certain Partners, current and former
employees and Abrams entities. In addition, Opportunity Funds I-IV and Funds I-V are closed and are no
longer in their investment period.
As permitted by a Fund’s Limited Partnership Agreement, Eightfold may agree with investors in the Funds
to waive or modify the application of certain provisions of the investment terms applicable to such investor
in a "side letter" or in any other manner (provided the change does not disadvantage other investors in the
Fund), without obtaining the consent of such other investors.
The Funds invest primarily in commercial real estate debt products and commercial real estate. Fund VI
invests solely in commercial mortgage-backed securities (“CMBS”), primarily below investment grade and
unrated CMBS. Opportunity Fund V invests primarily in real estate and non-CMBS real estate related
products. Eightfold does not generally provide advice with respect to other types of investments. In addition,
Eightfold provides investment advice directly to the Funds, and does not tailor advisory services to the
individual needs of the limited partners of the Funds.
The Company has approximately $1,400 million of Regulatory Assets under Management as of December
31, 2023 managed on a discretionary basis.