California LP Summit


Sponsors

 

CIBC Asset Management (CIBC AM) has more than 5 decades of experience managing portfolios for institutional clients both in North America, as well as Asia, Europe and Australia. In the US specifically, we have over $4B in AUM with several institutional plans including a top 3 US public pension plan and a top 10 corporate DB plan, both invested in our flagship liquid alternative, further demonstrating that we bring unique capabilities to bear to our clients. We are fortunate to combine the flexibility and focus of a boutique firm with the robustness and resources of a large financial institution. Our investment capabilities include fixed income, equities, multi-asset and currency management, both domestic and globally focused.

CIBC has established itself as a leader in the carbon management ecosystem through early investments and strategic initiatives. As a founding member of Carbonplace, a global carbon credit transaction platform, and host of the CIBC Carbon Summit—one of the few events in North America connecting developers, policy makers, and investors to address challenges in scaling carbon reduction and removal solutions—we have established a leading network in this space. This expertise and industry connectedness uniquely positions CIBC AM to add value for institutional investors and stakeholders and accelerate a critical industry supporting the climate transition with our Carbon Solutions Private Debt strategy.


At Columbia Threadneedle Investments, we invest to make a difference in your world, and the wider world. Millions of people rely on us to manage their money and invest for their future; together they entrust us with $654 billion. We are globally connected with a team of approximately 550 investment professionals providing diverse expertise, spanning almost every asset class and market. We are intense about research as we believe that original independent research makes investment decisions smarter. We have a responsible ethos as investment decisions today help define the future we all seek. Every day, we’re looking for opportunities to improve how we invest and what our clients experience; our focus on continuous improvement means that we never stand still. Whatever world you want, our purpose is to help you achieve it.


Evolution Investment Management (“Evolution IM”) is an SEC-registered investment adviser and real estate private equity fund manager headquartered in Austin, Texas. Since inception, Evolution IM has served as adviser to nine real estate private equity vehicles, including four opportunity funds, two core-plus separately managed institutional accounts, and three sidecar opportunity funds. Across these vehicles, the firm has deployed capital into more than $5.5 billion of real estate across 63 distinct investments in 20 states, encompassing over 11,000 multifamily units and 21 million square feet of commercial space.

Evolution Realty Partners IV LLC ("RP IV") is the Firm's fourth private opportunity fund, targeting $100 million in commitments. The fund primarily pursues GP co-investment opportunities alongside established regional operators, typically providing 50–80% of the sponsor's required equity in exchange for a share of incentive fees. The fund may also pursue certain LP investments that meet targeted risk-adjusted-return thresholds. Approximately 75% of Evolution’s total investments to date have been in the multifamily sector. RP IV will continue this targeted investment approach, as management believes multifamily provides the highest risk-adjusted return potential. In certain instances, the fund may also pursue investment in commercial property special situations. Investments are underwritten to a five-year hold period, targeting net IRRs of 18% or greater and net equity multiples of at least 1.8x, with no leverage at the fund level. RP IV had its initial close in November 2025.

As of March 2026, Evolution's predecessor opportunity funds have produced a weighted average IRR of 24% and a weighted average equity multiple of 2.0x, net of fees and expenses.


Fisher Investments is a leading independent investment adviser managing over $277 billion (as of June 30, 2024). FI and its subsidiaries consist of three business units – Fisher Investments Institutional Group, Fisher Investments US Private Client Group and Fisher Investments Private Client Group International. These groups serve a global client base of diverse investors including corporations, public and multi-employer pension funds, foundations and endowments, high-net-worth individuals, insurance companies, healthcare organizations, and governments.


Loci Capital is a private middle-market real estate investment firm founded in 2019 and focused on growth markets throughout the Southeastern United States. The firm was built to bridge a persistent gap in private real estate between capital allocators, who often have broad market perspective but limited operating depth, and local operators, who understand execution but may lack portfolio-level discipline and capital markets fluency. Loci’s platform is designed to reduce those blind spots by combining operator-led insight, institutional underwriting, and capital markets structuring inside one decision-making framework.

Loci invests across both property types and the capital stack, including common equity, preferred equity, structured capital, recapitalizations, rescue situations, and selective development. The firm’s strategy is anchored by three principles: cost basis advantage, business plan execution, and secular market tailwinds. In practice, that means pursuing opportunities where entry basis is compelling, downside can be protected through structure and discipline, and value creation can be driven by identifiable execution rather than dependence on favorable market moves.

The firm is currently positioning Fund III as a flexible opportunistic vehicle focused on the Southeastern middle market, where durable long-term demand and selective capital markets are creating attractive entry points across housing, industrial, and retail, as well as certain structured and recapitalization opportunities. Loci believes the middle market is particularly attractive today because it is large enough to matter, but too fragmented and too execution-sensitive to be efficiently served by broad institutional capital alone.


Mighty Capital is an early-stage venture capital firm that capitalizes on the growing influence of product management in corporate success. Founded by SC Moatti, a former Facebook mobile tech expert, and Jennifer Vancini, a seasoned professional with over 20 years in tech investments and M&A, the firm taps into Moatti's Products That Count network of over 500,000 product managers and CPOs to gain insights into startups and corporate needs. The real “Why now?” is Covid, which has reshaped corporate power structures, accelerating the shift towards digital products and services, thereby elevating the role of product managers. As a result, Fortune 1000 companies with CPOs have increased 10x in 3 years and are outperforming their peers. Mighty Capital’s focus on this product management revolution has led to high returns and minimized risk. Notable investments include Amplitude, Groq, and Canela. Founders and institutional investors praise the firm for its exceptional value, rapid execution, and ability to spot trends early. Learn more at Mighty.Capital.


M&G Investments has been investing for private and institutional clients for over 90 years. Our principles of long-term investing, responsible asset management and active fund management have always formed the basis of our approach.


Pantera Capital is the first institutional investment firm focused exclusively on bitcoin, other digital currencies, and companies in the blockchain tech ecosystem. Pantera launched the first cryptocurrency fund in the United States when bitcoin was at $65 /BTC in 2013. The firm subsequently launched the first exclusively-blockchain venture fund. In 2017, Pantera was the first firm to offer an early-stage token fund. Pantera Bitcoin Fund has returned 141,783% in twelve years and has returned billions to its investors. Pantera manages $5.3bn across three strategies – passive, hedge, and venture – exclusively focused on bitcoin, other digital currencies, and companies in the blockchain tech ecosystem.


Second Alpha is a private equity firm focused on secondary and secondary-linked direct investments in growth-equity stage companies. The need for interim liquidity from founders, executives, angel investors, VCs and institutional investors has grown substantially over the years as companies have stayed private longer. Second Alpha offers capital solutions that allow shareholders to achieve liquidity prior to a company sale or IPO. Second Alpha works directly with companies to alleviate shareholder liquidity needs and bring its extensive industry knowledge to support the company in achieving its strategic goals.

Second Alpha is opportunistic within technology and focuses on the US and Canada. The firm was founded in 2012 and is investing the remaining capital of its fifth fund of $170M and recently held a first close of $80M for its sixth fund, targeting $300M. Investments range in size from approximately $10-25M, and the firm targets approximately 15-20 unique portfolio companies per fund. Investments include Prove Identity, Strava, and tvScientific (exited to Pinterest).


RBC Global Asset Management (RBC GAM) strives to provide clients an unrivaled experience of investment and service excellence, offering a comprehensive range of solutions and services. We operate as a global firm of specialized investment teams with more than $484 billion* under management. In addition to broad-based capabilities in equities, liquidity management and alternatives, our BlueBay fixed income platform seeks to embody the best aspects of alternative and traditional fixed income investing. We manage more than $130 billion* across a full spectrum of active fixed income strategies—all of which are designed to generate alpha within a capital preservation context. Our platform spans multiple investment dimensions and leverages our collective skill set to create differentiated portfolios. Through this approach, we seek to meet our clients’ risk/return objectives for a specific asset class while providing additional diversification across their overall portfolio.