Special Situations Fund
Strategy & mandate
Targets complex, dislocated, and event-driven data center and adjacent digital infrastructure investments — situations arising from corporate carve-outs, capital structure dislocation, or other non-standard transaction dynamics.
Underwriting is deal-specific and thesis-driven, relying on the platform's structuring capability and speed of execution to capture value in situations that require bespoke solutions rather than standardized underwriting criteria.
Structure & economics
| Fund Name | BlueBrick Fund XXI, L.P. |
|---|---|
| Vintage | 2028 |
| Target Fund Size | $6.95 Billion |
| Vehicle | Delaware Limited Partnership |
| Carried Interest | 20% above 8% preferred return (with 100% GP catch-up) |
| Preferred Return | 8% compounded annually |
| Minimum LP Commitment | $5,000,000 |
| Investment Period | Fund-specific, disclosed in the Private Placement Memorandum |
| Fund Term | Fund-specific, disclosed in the Private Placement Memorandum |
How LPs engage with Fund XXI
1. Introduction
Prospective LPs contact BlueBrick Investor Relations to schedule an introductory call and confirm eligibility as accredited investors or qualified purchasers.
2. Diligence Materials
Qualified prospects receive the Private Placement Memorandum, Limited Partnership Agreement, subscription documents, and detailed strategy briefing under NDA.
3. Subscription & Closing
Executed subscription agreements and capital commitments are processed by fund administration. LP Advisory Committee representation is confirmed at first close.