• Wed. Nov 29th, 2023

    The Merger of Fund Manager and Narrate Companies: A Path to Enhanced Vertical Integration in Real Estate and Private Equity

    ByEmma Wolukau-Wanambwa

    Nov 20, 2023
    The Merger of Fund Manager and Narrate Companies: A Path to Enhanced Vertical Integration in Real Estate and Private Equity

    Denver-based investment management firm, Fund Manager, has recently joined forces with Narrate Companies, a prominent real estate investment and development firm. The merger has paved the way for the creation of a new combined company known as Narrate Holdings, led by Managing Partners Zack Kobilca and Adam Fenton.

    This strategic alignment aims to achieve increased efficiencies across the verticals of the combined company, bringing together the expertise of two of Colorado’s leading real estate and private equity professionals.

    The collaboration between Fund Manager and Narrate Companies emerged from a shared investment philosophy and a common goal to better serve stakeholders and investors. By leveraging Fund Manager’s next-generation investment management and private equity platform, along with Narrate’s years of experience as an operator and developer, the newly formed Narrate Holdings aspires to become one of the most seasoned and disciplined integrated real estate and private equity firms in the region.

    Under the leadership of Kobilca and Fenton, Narrate Holdings is poised for immediate growth. The company has plans to capitalize on select upside opportunities resulting from current market conditions while diversifying its investments. Additionally, Narrate Holdings remains committed to conservative underwriting principles to ensure the long-term stability and wealth generation for its investors.

    A key strength of the new entity lies in its diverse and skilled leadership team. Complementing the expertise of Kobilca and Fenton, the team brings a wealth of experience in various aspects of the industry.

    With a focus on urban-infill multifamily and mixed-use real estate, Narrate Companies has been a force to reckon with since its establishment in 2019. Its portfolio, worth $150 million, consists of a mix of ground-up development and value-add properties. Notable projects include Aston on South Pearl, 3354 Larimer, and the Carraway apartments in Platte Park. Fenton’s leadership has been characterized by a commitment to sustainability, vibrancy, and community contribution.

    This merger signifies a strategic move towards enhanced vertical integration in the real estate and private equity sectors. By combining the strengths and expertise of Fund Manager and Narrate Companies, Narrate Holdings is well-positioned to seize opportunities, drive growth, and deliver superior results for its stakeholders and investors.

    FAQ

    1. Who are the founders of Fund Manager and Narrate Companies?

    Zack Kobilca is the founder of Fund Manager, while Narrate Companies was founded by Adam Fenton.

    2. What is the purpose of the merger?

    The merger aims to achieve increased efficiencies and create one of the most experienced and disciplined vertically integrated real estate and private equity firms in Colorado.

    3. What is the new company called?

    The combined company formed through the merger is called Narrate Holdings.

    4. Who will lead Narrate Holdings?

    Managing Partners Zack Kobilca and Adam Fenton will oversee and lead Narrate Holdings.

    5. What is the focus of Narrate Companies?

    Narrate Companies specializes in the investment and development of urban-infill multifamily and mixed-use real estate in major metropolitan markets throughout the Western U.S.