SYSTIMA CAPITAL MANAGEMENT
SYSTIMA CAPITAL MANAGEMENT is a Series C+, debt and buyout fund in the US investing in real-estate, housing and social-infrastructure.
- Stages
- Series C+, debt, buyout
- Sectors
- real-estate, housing, social-infrastructure
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 2011
- Assets under management
- $512M
Check size not disclosed
Thesis
The firm focuses on delivering inclusive growth through investments in housing, real estate, and social infrastructure nationwide. Systima's investment strategy centers on specialized housing markets, including affordable, middle-income, and mixed-income housing, capitalizing on affordable housing as a significant unrecognized asset class. They employ a multi-strategy approach, investing across the entire capital stack with instruments like structured debt (first-loss B certificates, mezzanine debt, preferred equity, structured products) and direct lending (new construction, substantial rehabilitation, permanent debt, bridge loans). They also engage in private equity investments covering new construction, value-add, repositioning, and recapitalization strategies. With a 10-year track record, Systima aims to generate opportunistic, risk-adjusted returns for institutional investors, having achieved several market firsts in credit risk transfer and securitization. Their investable market is substantial, covering 50% of the U.S. multifamily sector. As of December 31, 2025, total AUM was $512,605,896. The firm operates nationwide, with investments across 42 states. Specific check sizes are not publicly available.
Common questions
Does SYSTIMA CAPITAL MANAGEMENT invest at the Series C+ stage?
Yes. SYSTIMA CAPITAL MANAGEMENT lists Series C+, debt and buyout among the stages it invests in.
Where does SYSTIMA CAPITAL MANAGEMENT invest?
SYSTIMA CAPITAL MANAGEMENT invests in the US.