Caro Investors Management, LLC , a new investment management company founded by Careina Williams, today announced the launch of the firm with a new strategic partnership with TPG, a global alternative asset management firm. TPG NEXT will serve as a significant anchor investor and strategic partner to Chevy Chase, MD-based Caro Investors as part of its strategy to seed and accelerate the growth of next-generation investment firms.

Caro Investors’ inaugural real estate private credit strategy is focused on deploying capital into middle-market private debt investments with underlying commercial real estate exposure in asset classes, including multifamily, industrial, investment-grade retail, and other defensive real estate sectors that Caro Investors believes are resilient. With deep origination and investment experience across capital structures, geographic regions, market cycles and risk criteria, Williams serves as managing partner.

“With Caro Investors, we intend to fill a growing void of institutional investment management firms addressing middle-market investment opportunities in real estate equity and credit,” said Williams. “Our investment strategy and process honed over more than 20 years is driven by creativity, rigor, and perseverance, and we are proud to find a partner in TPG who shares these same values. TPG’s support will be instrumental as we continue to enhance and expand our investment platform.”