KFBS Real Estate Fund I was established in 2007 with the primary objective of providing a unique educational experience for student managers and secondarily to provide investment returns to it's Limited Partners. Fund I is fully invested and Fund II is currently being invested.
Tenure as a manager on the Real Estate Funds provides a select group of students hands-on experience in the operation of a private investment fund. Concurrently, student managers have the opportunity to establish personal and professional relationships with national real estate developers and investors. The Funds’ managers work closely with the real estate faculty and friends of Kenan-Flagler Business School to identify and evaluate investment opportunities for the Real Estate Funds. Once an investment is approved and placed, the student managers provide continued surveillance, reporting, and asset management.
The Funds are diversified both geographically and across property types. Each investment opportunity is analyzed and discussed thoroughly with faculty and advisers before approval. Recent investments include a portfolio of industrial properties in the Dallas-Fort Worth area, a hotel development on the peninsula of Charleston, South Carolina, and retail centers in Charlotte, North Carolina and Washington, D.C.
Managing the Fund
The student managers are responsible for the day-to-day operations and general management of the Real Estate Fund. The student management team reports to the Board of Directors of the Real Estate Fund General Partner. The Board of Directors consists of six members, four from the Kenan-Flagler Business School and two from outside the school. To oversee and approve each investment, the Real Estate Fund works closely with an Executive Committee formed from three of the Directors. In addition, a Faculty Committee and an Advisory Board also guide the student managers in their investment underwriting and analysis.
2012-2013 Student Managers
Our fund managers include first and second year MBA students and BSBA students selected through a highly competitive process.
In the fall of each academic year, second year MBA students are chosen to join the current student management team. In the spring, select first year MBA and BSBA students are added to the group in order to begin the transition to the next class of student managers. This staggered selection process ensures continuity and a smooth transition from one management team to the next.
To contact the Fund with Questions or Investment Opportunities: