East Seattle Partners is a single-family office in Mercer Island, Washington, founded in 2014. It is the private investment arm of its founder, Alan Frazier, who built his wealth over a long career in financial services, especially private equity. Over thirty years, Frazier grew the firm's assets under management to more than $4.2 billion. Before founding Frazier Healthcare Partners in 1991, he was Executive Vice President and CFO of Immunex Corporation, a biopharmaceutical company. Frazier and his family are heavily active in philanthropy. East Seattle Partners now invests across private equity and real estate. Its focus is growth equity in growth companies that aim to redefine business categories, solve market issues and strengthen communities. In real estate, it targets properties that specialize in renovating historically significant buildings. In June 2020, the firm made a direct investment in Proprio, a computational imaging company that provides enhanced visualization systems for precision tasks such as brain surgery. Geographically, East Seattle Partners invests almost exclusively in the Pacific Northwest. Because it is private, it deploys sticky, patient capital, often with long-term holds. It has historically made controlling or significant minority investments and regularly takes a board seat at portfolio companies. It has historically also considered co-investments alongside like-minded family offices, private equity firms and individual investors.
| Investor | Type | Based in | Focus | AUM | Contacts |
|---|---|---|---|---|---|
| SEI Investments | Fund of Funds | Oaks | Multifamily · Industrial | $1.5T | 4 |
| Blackstone Group - Fund of Funds and Secondary | Fund of Funds | New York | Multifamily · Industrial · Core | $1.1T | 16 |
| New York Life Investment Management | Asset Manager | New York | Multifamily · Industrial · Co-investment | $740B | 5 |
| Brookfield Asset Management | Asset Manager | Toronto, Canada | Multifamily · Industrial · Opportunistic · Joint venture | $690B | 12 |
| KKR | Asset Manager | New York | Multifamily · Industrial · Core · Co-investment | $553B | 11 |
| Ares Management | Asset Manager | Los Angeles | Multifamily · Industrial · Core | $546B | 16 |
Filter the full list by property type, strategy, market and deal format.