Etude Capital, San Felipe Financing Launch JV to Invest in Self-Storage

Etude Capital, a private equity firm headquartered in Austin, TX, and San Felipe Financing LLC, a private real estate entity, have launched Etude Storage Partners, a joint venture that will acquire and provide debt financing to self-storage facilities across the North American self-storage market.

The joint venture has a $250 million equity commitment from San Felipe Financing LLC and plans to deploy at least $500 million.

“For owners looking to sell their business or recapitalize, this partnership enhances Etude’s offer of speed and execution strength — which less nimble and more bureaucratic acquirers cannot match,” added Steven Stein, founder & president of Etude Capital.

Since inception in 2012, Etude has grown its self-storage-focused insurance, reinsurance, and technology businesses to serve over 1,500 facilities and wholly owns 1.8 million rentable square feet across Florida, Texas and Oklahoma.