Our approach

Our core strategy is to invest in small cap real estate focused GPs across all geographies and asset types in the United States.

1

Being a strategic partner

We play as a true teammate: closing gaps, making the right passes, and driving toward a shared championship win.

2

Providing seed capital

Our capital is designed for our partners to play in the big leagues, gaining traction and institutionalizing in the space.

3

Leveraging GP economics

Like any great team, our structure is built around smart plays and strong alignment, in hopes of giving investors out-sized returns.

Underdog energy. MVP performance.

At 1 Seed Partners (1SP”), we focus on small-cap investment partners – often the underdogs in the investment landscape. While they may be overlooked by traditional LPs, 1SP believes they have outperformed larger firms. We invest in these partners because we believe in their potential to deliver strong, long-term returns.

A nationwide approach.

At 1 Seed Partners, we maintain a diversified portfolio across all real estate asset classes and geographies within the United States. This approach allows us to identify and support high-performing investment partners wherever they operate, maximizing opportunities for long-term growth.

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Underlying Asset Locations
& Industry Focus

GP Locations

Our history

2021

In 2021, Oak Street Real Estate Capital merged with Blue Owl Capital (NYSE: OWL), a leading publicly traded alternative asset management firm headquartered in New York City.

2012

In 2012, Larissa Herczeg joined Oak Street Real Estate Capital as a Partner, officially launching the Seeding and Strategic Capital (“SASC”) platform and focused on helping grow a small triple net lease real estate strategy.

2024

In 2024, the original SASC team purchased the business back from Blue Owl Capital to establish an independent investment management firm, 1 Seed Partners LLC. The formation of 1 Seed Partners represented a return to the team’s entrepreneurial roots and a renewed focus on their core mission: investing in and strategically partnering with high-quality, growth-oriented real estate firms. By launching 1 Seed Partners, the team sought to continue and expand the legacy of GP stakes investing within the real estate sector under a nimble and dedicated platform.