Trive Capital Launches Private Equity Strategy Focused on Multifamily, Industrial

It will pursue investment opportunities ahead of a formal fund raise.

Trive Capital announced its formation of Trive Capital Real Estate in partnership with a team of real estate investors led by Troy Daniel.

The Dallas-based private equity firm’s value-add real estate strategy will focus on off-the-run acquisition and development opportunities in the multifamily and industrial sectors, with flexibility to pursue assets in other sectors opportunistically.

The Trive Capital Real Estate team is actively pursuing investment opportunities ahead of a formal fund raise.

Trive Capital has more than $4 billion of regulatory assets under management. It focuses on investing equity and debt in what it “sees as strategically viable middle-market companies with the potential for transformational upside through operational improvement.”

The Trive team has been involved in over 100 middle-market transactions representing in excess of $6 billion in revenue across its targeted industry sectors and situations.