Our History and Organization
Swift Creek Real Estate Partners LLC (“Swift Creek Partners”, the “firm”, or “we”) was formed
in December 2023. Swift Creek Partners provides investment advisory services to private funds
and institutional clients. Swift Creek Partners is primarily owned and controlled by SCREP
Management LLC, which is majority owned and controlled by Scott R. Fitzgerald.
Swift Creek Partners focuses on the business of real estate investment counseling and has
registered under the Investment Advisers Act of 1940, as amended (the “Advisers Act”), and is
regulated by the Securities and Exchange Commission (“SEC”). The firm’s registration as an
investment adviser does not imply a certain level of skill or training. Swift Creek Partners is
located in one office in Dallas, Texas.
As of the date of this brochure, the firm has approximately $1.85 billion in assets under
management, of which approximately $536 million is managed on a discretionary basis.
Swift Creek Partners is not affiliated with a brokerage firm.
Our Advisory Services
Swift Creek Partners provides real estate investment advisory services to a select number of
long-term clients, enabling our principals to be highly involved with each account. Such clients
include certain separately managed accounts (“SMAs”) and will include various private
investment funds. Swift Creek Partners also serves as a sub-adviser and provides investment
management services to certain non-affiliated private funds (the “Sub-Advisory Clients”). The
Sub-Advisory Clients and any future private investment funds to which the firm provides
investment advisory services, including co-investment vehicles, are collectively referred to as the
“Funds,” and each, a “Fund”. The Funds along with any non-private fund SMAs are collectively
referred to throughout as “clients”, each a “client". Interests in the Funds are privately offered to
qualified investors in the United States and elsewhere.
The firm’s advisory services for its clients are detailed in the applicable private placement
memorandum (or other offering document) and/or limited partnership agreement (or other
operating agreement), which are referred to collectively as the “governing documents” and are
further described below in “Methods of Analysis, Investment Strategies and Risk of Loss.”
Additionally, from time to time, the firm will provide (or agree to provide) limited partners of the
Funds as well as certain third-party investors or other persons, including the firm’s principals,
personnel and certain other persons associated with the firm (to the extent not prohibited by the
applicable governing documents), co-investment opportunities (including the opportunity to
participate in co-invest vehicles) that will invest alongside a Fund.
The firm’s Investment Committee is responsible for implementing each client’s investment
strategy and approving all investment decisions. The Committee, which is comprised of senior
investment professionals, is chaired by our Chief Executive Officer, Scott Fitzgerald. The
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Investment Committee is responsible for the firm’s portfolio structures and all
investment
decisions. The firm’s advisory services are detailed in the applicable governing documents,
separate account agreements and other offering documents. The firm will enter into side letters
or other similar agreements with certain investors that have the effect of establishing rights
(including economic or other terms) under, or altering or supplementing the terms of, the
relevant governing documents or separate account agreements with respect to such investors.
Investment Types
The firm manages office, retail, multifamily, industrial and land investments located
nationwide. We seek acquisition and development opportunities in most property types. Our
investments vary in risk profile from stabilized core properties with relatively low risk to value-
add or opportunistic assets that are identified as market dislocations and designed to deliver a
higher return. The investment type and risk profile of the properties we acquire are based on the
individual client’s portfolio management strategy, investment objectives, cash flow and income
requirements, and existing investments.
We offer investment advice on various types of investment structures, including but not limited
to: partnership interests, limited liability company interests, private real estate investment trusts,
title holding corporations, and direct equity investments.
Discretionary and Non-Discretionary Accounts
Swift Creek Partners manages clients’ assets on either a fully discretionary basis or a non-
discretionary basis. With full discretionary authority for an account, we can do the following
without obtaining client consent:
• Determine which assets to buy or sell
• Determine the total amount of assets to buy or sell, subject to available funds
• Determine the broker through which securities are bought or sold
• Negotiate with the selected broker commission rates for transactions
Item 12 of this brochure provides more information on the firm’s brokerage practices, and Item
16 discusses investment discretion.
When we provide services on a non-discretionary basis, we give the client investment advice, but
we do not have the authority to implement our recommendations in the client’s portfolio without
the client’s approval.
The information provided above about the investment advisory services provided by Swift
Creek Partners is qualified in its entirety by reference to the applicable governing documents,
separate account agreements and other offering documents.
Other Services
Swift Creek Partners may from time to time in the future render, investment or other real-estate
related advice through consultations and may, in this regard, analyze special real estate situations
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involving acquisitions, dispositions, or other transactions. Fees for such services may be
computed on an hourly basis or may be fixed at a specified amount per month, quarter, or
project. Such fees will be negotiable and will consider factors such as the time spent by Swift
Creek Partners and the size of the transaction.
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