2015 – 2025
White Ridge I
Fully Liquidated
Lifecycle Stage
Liquidated
- Initial Equity Raised
- €30m
- Final Asset Value
- €90.5m
- Realized IRR
- 19.4%
- Cash-on-Cash Return
- 13%
- Equity Multiple
- 3.0x
White Ridge
€0m
Assets Under Management
0.0%
Average Net IRR
-1 – 0%
Average Dividend Yield
0 – 0 yrs
Average Hold Period
About White Ridge
Who We Are.
White Ridge Property Fund is a commercial real estate investment platform founded in 2015, specialising in occupied, high-yield Class A and Class B industrial and logistics properties. We operate a systematic value-creation process and are backed exclusively by private investors and family offices.
With one active fund — White Ridge II — alongside a fully liquidated first vintage and a third vehicle planned for the future, our team manages every stage of the investment lifecycle — sourcing, structuring, financing, asset management, and exit — delivering institutional discipline to a private investor base.
Founded
2015
Asset Class
Industrial & Logistics
Strategy
Occupied, High-Yield
Capital Base
Private & Family Offices
Our Funds
Three funds. One disciplined system.
Each fund applies the same 4-stage value-creation engine across occupied Class A and Class B logistics assets, presented below with its lifecycle stage and capitalization breakdown.
2020 – Current
White Ridge II
Active · Value Maximization
Lifecycle Stage
Value Maximization
- Initial Equity Raised
- €40m
- LTV
- 60%
- Leveraged IRR
- 17.5%
- Cash-on-Cash Return
- 13%
- Equity Multiple
- 2.2x
White Ridge III
Launching SoonStrategy & Value Creation
A 4-stage systematic value-creation engine.
01
Property Search
Identify high-fundamental assets, build rigorous underwriting models, run extensive due diligence, and secure final transaction approval.
02
Acquisition & Investment
Structure a dedicated Special Purpose Vehicle (SPV), initiate capital drawdown, designate local top-tier property management, and close the acquisition.
03
Asset Management
Implement active operational management via outsourced institutional networks, driving incremental appreciation under a 2% management fee structure.
04
Realization of Investment
Execute data-driven exit timing, repay debt facilities, and distribute proceeds to investors up to the hurdle rate, followed by an 80/20 investor/fund carried-interest split.
In Operation
Occupied tenants.
Day-one cash flow.
Day-one cash flow.
Team
Leadership
& Execution.
White Ridge is structured around three specialized internal teams that execute every stage of the syndicated investment lifecycle — from capital governance to acquisition and ongoing asset management.
Executive Leadership & Financial Team
Founders, financial control, and fund governance.
Strategy, capital structure, financing, reporting, and fund-level financial controls — covering the executive leadership and CFO office that oversee the entire portfolio.
SH
Simon Hershkowitz
Founder & Managing Director
KO
Katrina Orlova
Chief Financial Officer
Acquisition Team
Sourcing, underwriting, and execution.
Sources new industrial and logistics assets, builds rigorous underwriting models, runs extensive due diligence, and secures future high-yield investment opportunities.
AK
Alex Kovalenko
Acquisition Team Lead
Asset Management Team
Operational value creation and exit timing.
Direct oversight of properties immediately post-acquisition. Manages third-party property management companies, executes operational optimization to drive appreciation, and runs macro exit-timing analysis for asset realizations.
PM
Petr Mairta
Asset Management Team Lead
Track Record
Realized Industrial transactions.
Realized — 2025
Jirny · Czech Republic
Prologis Prague-Jirny Park
12,460 sqm · Class A Logistics
20%
Net IRR
2.3x
Equity Multiple
10 yrs
Hold
Acquisition
- Year
- 2015
- Acquisition Price
- €10.3M
- Financing
- 50% LTV · 3% IO
- Initial Yield
- 8% (€5.5/sqm)
- Capital Raised
- €5.5M
Divestment
- Year Realized
- 2025
- Sale Price
- €17.5M
- Debt Repaid
- €5.15M
- Net Profit
- €12.35M
- Yield at Sale
- 10% (€7.2/sqm)
Realized — 2025
Lovosice · Czech Republic
P3 Lovosice
16,000 sqm · Class A Logistics
14%
Net IRR
2.3x
Equity Multiple
10 yrs
Hold
Acquisition
- Year
- 2015
- Acquisition Price
- €15M
- Financing
- 50% LTV · 3% IO
- Initial Yield
- 6% (€4/sqm)
- Capital Raised
- €8M
Divestment
- Year Realized
- 2025
- Sale Price
- €20M
- Debt Repaid
- €7.5M
- Capital Appreciation
- €5M
- Yield at Sale
- 7%
Contact Us
Begin a conversation.
For qualified and institutional investors. All inquiries are handled with full confidentiality and discretion within our exclusive investor network.
Office
Danube House
Prague, Czech Republic
Prague, Czech Republic
© 2026 White Ridge Property Fund. All rights reserved. Registered in accordance with Czech National Bank (ČNB) standards.