About This Fund
NorthBridge Partners Fund IV Co-Invest, L.P. is a co-investment sidecar vehicle managed by NorthBridge Partners LLC, a vertically integrated industrial real estate investment manager headquartered in Wakefield, Massachusetts, with offices in Boston, New York, Cherry Hill NJ, Linthicum Heights MD, and Miami. The co-invest vehicle is associated with NB Partners Fund IV, LP, NorthBridge's fourth flagship fund, which closed at nearly $950 million in April 2024, surpassing its $800 million target and attracting capital from public and private pensions, endowments, foundations, insurance companies, sovereign wealth funds, asset managers, and family offices globally. The co-investment sidecar, separately reported at approximately $50 million, enables select limited partners to take larger positions in individual deals alongside the main fund. NorthBridge was founded in 2014 by Greg Lauze (Managing Partner and CIO), Dean Atkins (Managing Partner and General Counsel), and David Aisner (Partner, Head of Acquisitions). The firm has completed over 100 transactions totaling more than 15 million square feet across 12 states, with more than $3 billion in AUM and over $2 billion deployed since inception. NorthBridge's investment strategy focuses on small-to-mid-sized infill logistics and last-mile warehousing properties in supply-constrained, high-demand coastal U.S. markets that benefit from e-commerce growth, last-mile delivery requirements, and supply chain reshoring tailwinds. Value creation is achieved through differentiated off-market sourcing, repositioning, tenant relocations, building expansions, change-of-use conversions, and selective ground-up development. Fund IV follows a successful sequence: NB Partners Fund I ($30M, 2016, realized), Fund II ($113M plus $30M co-invest, 2018, realized), and Fund III ($505M, 2021). In February 2025, Affiliated Managers Group (AMG) acquired a minority stake in NorthBridge Partners, providing growth capital while the founders retained majority equity control.