Firm Overview

Equus Capital Partners, Ltd. is a private real estate investment fund manager with a 30-year history of managing a high quality investment portfolio through its integrated investment and operating platforms in top tier markets across the United States. Through multiple real estate cycles and unpredictable investment conditions, Equus has consistently focused on a defined strategy of acquiring and developing high quality office, multi-family, industrial, R&D and retail assets in major growth markets in the U.S. A diverse team of over 100 real estate professionals located in 6 offices ensures that valuable relationships are established and maintained within all disciplines of the real estate industry across the country.

Our long standing and successful track record across multiple real estate funds, separate accounts, and development projects, combined with our intense focus on integrity, alignment and transparency has earned the trust of our loyal investment partners. Equus investors include some of the nation’s most formidable public, and corporate and union pension plans, university endowments, foundations and high net worth families. Through our direct operating platform, we are able to maintain focus on an intense asset management program, entrepreneurial investment philosophy and broad investment diversification across both property type and geographic location.

As a fiduciary and Registered Investment Adviser, we take great pride in our ability to exceed our investors’ objectives.



The firm was established in 1980 to identify, develop and actively manage real estate investment opportunities for a select group of co-investors. The firm’s role and business plan evolved over the years from that of an equity investment partner in the 1980’s to a full service operating company in the 1990’s.


Beginning in the early 1990’s, the firm developed its “direct operator” model and made a number of investments on behalf of its first series of funds


First Institutional Fund – Fund I


Fund II


Fund III


Fund IV


The Firm instituted its first fully discretionary fund: Fund V


  • PSERS Co-Investment Fund
  • Firm opened a regional office in Chicago, IL


  • Fund VI
  • Formation of development company subsidiary
  • Formation of Madison Apartment Group, L.P.

2005 2007

  • Fund VII and VIIA (2005)
  • Fund VIII and VIIIA (2007)
  • Firm opened regional offices in D.C., Raleigh, LA, Boston, and Atlanta
  • NPI and RPI Co-Investment Partnerships
  • Formation of management company subsidiary


Multi-Family Fund


Fund IX


In February 2013 the Firm changed its name to EQUUS CAPITAL PARTNERS, LTD. without making any other changes to the company’s business or operations.


Fund X


Fund XI