Elion Partners is a real estate investment firm that mainly operates through two investment vehicles: Closed-end funds, known as the Elion Fund series, as well as evergreen funds, known as the Adar Series.
Elion Partners was formed by a team of experienced, like-minded real estate investment professionals who together, have created a private equity investment platform primarily targeting high-quality industrial and retail assets across multiple regions of the US. Following the exemplary returns of Fund I, Elion gradually expanded its investor base with the deployment of Elion Real Estate Fund II, Elion Real Estate Fund III, and the Adar evergreen investment vehicles. By utilizing both closed-end funds, known as the Elion Fund series, as well as evergreen funds, known as the Adar Series, Elion executes on opportunistic, value-add, core-plus and core investment strategies.
Elion is able to create the market instead of chasing it by executing on a bottom-up approach, grounded in a disciplined execution of core real estate fundamentals. In order to keep outside efforts in line with corporate goals, Elion works with a select group of highly accomplished partners on development projects. The team focuses on sourcing opportunities from established relationships that result in direct negotiations with the owner of the real estate. In many occasions, these opportunities come from repeat, trusted relationships.
Elion's principals have made substantial capital commitments in every investment vehicle, which creates a direct alignment of interest with its investors. When Elion succeeds, its investors succeed.
Elion Partners was formed in 2010, forming a tight-knit partnership group that values long-term investment horizons and quarterly cash distributions. The principals have more than 90 years of combined commercial real estate experience, largely in industrial and retail properties in core US markets.
Following the attractive returns of Fund I, the firm gradually expanded its investor base with the deployment of Elion Real Estate Fund II, Fund III and the Adar investment series of special purpose vehicles, aimed at long-term yield generation and value appreciation. Not only did the firm expand its investor base, but also adapted its acquisition criteria to focus on current opportunities in the market.
Today, Elion remains a minority-owned business and is a fully-registered SEC investment adviser.