Investor mandates

Private Investor Mandate: Direct Deals and Real Estate

HNW Private Investor Mandate Interview - Investing in Direct Deals, Real Estate & Small Businesses

Anyone who wants to see how a young private investor sets a mandate across public markets, real estate and alternatives, and how they screen deals.

What stood out

1. Two parts: direct and co-investments. Taeho divides his portfolio into direct investments he makes himself and co-investments with professional experts. Direct investments can be public or private. Co-investments give capital to people with a vision or an execution plan.
2. Real estate through single deals. He allocates to real estate mainly through single syndication deals, not funds or pools of capital. His four strategies are development, distressed equity, US multifamily and luxury rehab or redevelopment in prime locations.
3. Only invest in great deals. His first piece of advice is to invest only in great deals and otherwise stay patient. He says investors must look at hundreds of opportunities to spot a deal that is an anomaly compared with the rest.
4. Protect the downside first. He looks for deals with a meaningful margin of safety, even as a growth investor. His view is that if the downside is covered, the upside takes care of itself.
5. Be a contrarian and stay patient. His second piece of advice is to go against the herd. He says this is hard because it goes against human nature. He is comfortable holding cash while waiting for the right deal.

Summary

Taeho manages his own wealth, his family's wealth and the wealth of one close friend's family. He splits his portfolio into two parts. Direct investments are ones he makes himself, in public or private markets. Co-investments place capital with professional experts who have a vision or an execution plan. On the public side he uses stock index funds and ETFs, focused on North America and Asia Pacific, with a lean toward small caps.

Real estate is his biggest focus, mostly through single syndication deals rather than pools of capital or funds. He names four strategies: development, distressed equity, US multifamily and luxury rehab in prime locations. He also holds an Australian agriculture fund. His top advice is to invest only in great deals and to be willing to act as a contrarian. Richard C. Wilson adds an example from his own intellectual property deal.

On the record

• Taeho's family has run a luxury rehab and redevelopment business in prime locations in Australia for over two decades.
• He divides real estate into four strategies: development, distressed equity, US multifamily syndications and luxury rehab.
• His public holdings focus on North America and Asia Pacific, with a preference for small caps over large caps.

General education only. Not legal, tax or investment advice.

Talk to a securities attorney to explore options around syndication deal structures, fund versus single-deal setups and offering documents. Do not use AI to write your own legal agreements.

Said on the call

Related questions

• How do I close a funding round?I close a funding round by focusing on investors who fit the opportunity and moving each interested prospect through clear, consistent follow-up.
• What documents do investors request during due diligence?Prepare a clear, organized package covering your operations, investments, compensation, team, and track record.
• How do I raise capital for my business?I raise capital by building a repeatable system for attracting the right investors, establishing credibility, and developing relationships before asking for money.

Questions about this video

Put this into practice with the waterfall calculator. See all investor mandates resources.