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Investment Fund · Fund V

Public Markets Access

The Self-Storage REIT platform and public-market access vehicles.

Fund Size
$5.990B
Net IRR Target
14-18%
Sector
Self-Storage
Strategy

Investment focus

  • Publicly traded Self-Storage REIT platform
  • Public-market access vehicles for institutional and retail investors
  • Portfolio migration path from private funds to permanent public capital
  • Cross-listing and secondary-market liquidity infrastructure
  • Governance and disclosure standards aligned with public-market requirements
Fund terms

Fund parameters

Fund NameMajorWave Public Markets Access Fund
Fund Size$5,990,000,000
StrategyThe Self-Storage REIT platform and public-market access vehicles.
Sector FocusSelf-Storage Real Estate — Acquisition, Development & Aggregation
Net IRR Target14-18% net IRR
Vehicle StructureDelaware Limited Partnership
DomicileWilmington, Delaware
General PartnerMajorWave GP Public Markets Access Fund LLC
Investment ManagerMajorWave Capital Management, LLC
Fund Term10 years (two 1-year extensions at GP discretion)
Investment Period5 years
Carried Interest20% above 8% preferred return (with 100% GP catch-up)
Preferred Return8% compounded annually
GP Commitment2% of total fund commitments
Minimum LP Commitment$2,000,000
Distribution WaterfallEuropean (whole-fund) waterfall
LP Advisory CommitteeYes — established at first close
ReportingQuarterly financial statements; annual audited financials; annual meeting
AuditorPricewaterhouseCoopers LLP
Legal CounselLePore Law Group
Fund AdministratorIndependent Third-Party Administrator (to be appointed)

Full economic terms, clawback mechanics, recycling provisions, leverage limits, and ESG integration are disclosed in the fund's Private Placement Memorandum, Limited Partnership Agreement, and Subscription Agreement. Contact Investor Relations for the current data-room.

Governance

Institutional standards apply

Fund V is structured as a Delaware limited partnership with a fund-specific general partner entity (MajorWave GP Public Markets Access Fund LLC). Every capital commitment requires unanimous Investment Committee approval. Deployment is monitored against the fund's underwriting model on a monthly cadence. PricewaterhouseCoopers LLP audits fund financial statements annually. The LP Advisory Committee is established at first close and reviews conflicts, valuation methodology, and material policy questions on an ongoing basis. The Chief Risk Officer holds veto rights on any commitment that would breach the fund's concentration, counterparty, leverage, or liquidity thresholds.