Offering access to a carefully curated portfolio of high-growth assets in the booming hospitality industry.
Fund I is well positioned to take advantage of the rapidly growing markets in Eastern and Southeastern North Carolina, specifically in the cities of Greenville and Wilmington. These areas have experienced record population growth in the last two years, providing a strong market opportunity for growth that Fund I intends to capitalize on.
Capital XIX, LLC, the general partner of Fund I and is headquartered in an ideal location of Wilmington, NC. In 2022, North Carolina ranked second in the nation in the rate of small business employment growth[1] and Wilmington, NC ranked as the No. 1 city in the U.S. with a higher percentage of people moving into the city than out of it.[2] At the helm of Capital XIX are two experienced Managers, Jason DeRosier and Chris Rupp, who bring industry knowledge and strategic partnerships to the table. By leveraging their expertise, Fund I aims to generate strong returns for investors.With a proven track record of success, Jason and Chris have already established themselves in the hospitality industry. Fund I aims to institutionalize their approach, allowing investors access to a portfolio of growth assets that are carefully selected to deliver strong financial returns.
[1] PAYCHEX, 2022. [2] News Observer, 2022.
Investments in any single portfolio company will not exceed the greater of $500,000 or 10% of Fund I's total capital commitments.
The General Partner expects the average investment size (including follow on investments) to be $250,000.
Fund I will invest in a diversified mix of equity and debt opportunities.
Fund I may elect to participate in the follow-up rounds for portfolio companies.
The expectation is to invest in 12-18 different concepts or companies over the life of Fund I.
This investment approach helps maintain a diversified portfolio across various concepts and locations, managing risk.