$1.260B · Platform-wide
2028-vintage evergreen operating vehicle funding technology, tenant management systems, and community services across the expanded portfolio.
Gr3ySpace Operations Fund IV is the 2028-vintage extension of the platform's technology and community-services operating capital. Structured as a permanent, cost-recovery vehicle with no fees and no carry, the fund capitalizes tenant management systems, resident-facing community services, and platform technology infrastructure to match the expanded 2028 footprint.
What this fund does.
- Platform operations infrastructure — 45% of capital
- Talent and technology systems — 25% of capital
- Working capital — 15% of capital
- Legal and compliance — 10% of capital
- Operating reserve — 5% of capital
Evergreen operating terms.
- Vehicle
- Delaware Limited Partnership
- Structure
- Evergreen — no fixed termination
- Investment Period
- Ongoing
- Carried Interest
- None (cost-recovery vehicle)
- Preferred Return
- N/A
- Fees
- No fees, no carry
- Liquidity
- Quarterly · 90-day notice redemption window
- Auditor
- PwC
- Legal Counsel
- LePore Law Group
Full fund terms are set forth in the Limited Partnership Agreement, Private Placement Memorandum, and Subscription Documents for the applicable fund vehicle. Fund interests are offered only to accredited investors and qualified purchasers.
Institutional cadence, matched to fund complexity.
Request the Operations Fund IV data room.
Qualified LPs may request the Operations Fund IV private placement memorandum, subscription documents, DDQ, Form ADV Parts 1 and 2A, audited fund financials, and ILPA Reporting Template samples through the Gr3ySpace Investor Relations team.