Lionstone Partners is an investment advisor that manages private investment funds focused on real estate. Lionstone is winding down its advisory business and transitioning fund management to other firms. Lionstone's services include identifying investment opportunities, negotiating terms, managing investments, and achieving dispositions. The funds invest in real estate assets, securities, and operating entities. Lionstone may also provide co-investment opportunities to certain investors.
Fee Structure
Lionstone Partners manages private investment funds and receives a management fee. The management fee is defined for each fund and includes fee structures based on a percentage of asset value, cash flow, and/or invested or committed capital. Lionstone may also receive additional compensation for management and other services performed on behalf of the funds, including fees in connection with the acquisition and disposition of certain investments. Investors in the funds also bear certain fund expenses.