Strategic Capital. Expert Insight. Proven Results.
Intricate Bay Capital is an innovative private equity investment and consulting firm focused on the sourcing, financing, and principal ownership of real assets with an emphasis on affordable multifamily housing.
Intricate Bay combines investment capital and strategic consulting to create value for our investors and clients across our four focus areas.
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Affordable Multifamily Housing
Rental housing with long-term affordability commitments and typically supported by LIHTC equity or Section 8 contracts.
Transitional Housing
Housing offering temporary shelter and support services for people moving from homelessness or institutional care to stable housing.
Municipal and Public Sector
Properties owned, operated, or leased by non-profits and governmental entities to deliver public services such as education, power, and transportation.
Structured Finance and Capital Optimization
Efficient debt and equity capital backed by cash flows from real estate and other assets.
Over two decades of partnership.
The company is named after Intricate Bay on Lake Iliamna, Alaska, where the founders own and operate a world-class fly fishing lodge.
Learn MoreStronger Together. Greater Impact.
Intricate Bay Capital is built on the belief that a well-chosen team creates impact beyond individual contributions. In this spirit, we are proud of the investments we have made in our corporate partners:
Co-founded by Ross Jackman and Larry Fox in 2014, Old Orchard Capital Management LP is a $1.5 billion AUM SEC Registered Investment Adviser with a focus on the U.S. Municipal Market.
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Founded by Louis Harrison in 2021, Tangram is a leader in affordable housing preservation, with principals from Belveron Partners and Boston Capital. In aggregate, the principals have preserved more than 30,000 affordable apartment homes and returned over $1 billion in equity capital.
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Founded in 2024 and led by John Heppolette, Old Orchard Private Credit LLC is a subsidiary of Old Orchard Capital Management established to manage private credit strategies across a variety of public purpose assets.
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Founded in 1984 by Ron Moelis and Sandy Loewentheil, L+M has become a leading innovator in developing quality affordable, mixed-income and market-rate housing, while strengthening the neighborhoods in which it works.
Learn MoreInvestment Capital and Strategic Consulting.
Intricate Bay sources, finances, and owns real assets with a focus on affordable multifamily housing, while also providing management consulting to real estate owners, developers, and lenders as well as banks, broker-dealers, and non-profits.
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