Long Pond

About Long Pond

Long Pond Capital is a New York-based investment advisory firm established in 2010. It is an SEC-registered investment adviser with its principal place of business in New York City and a specialized mandate in the financial markets. The firm was founded by John Khoury, who serves as managing partner, and it is known for its dedicated focus on specific sectors of the economy. Long Pond Capital employs a team of professionals, including several people dedicated to investment advisory and research. In the more than fifteen years since its start, the firm has kept a consistent presence in the investment management industry and offered a stable platform for its stakeholders and market participants. This longevity reflects a commitment to core investment principles and a disciplined approach to the complexities of public markets. The firm targets real estate and real estate-related companies, with a specific emphasis on public-market equities. Investments are focused mainly on the United States, although the firm's regulatory filings indicate it can serve a diverse range of clients. The strategy is carried out through a rigorous, bottom-up research process designed to identify asymmetry in the market, which the firm defines as a significant disconnect between a company's current stock price and its intrinsic value. With deep industry knowledge and a long-term orientation, Long Pond Capital looks for opportunities in companies that the broader public markets may misunderstand. This fundamental method lets it keep a highly specialized portfolio that reflects its core competencies in real estate. The strategy relies on intensive fundamental analysis rather than macroeconomic trends, so each investment is backed by thorough internal research and a clear understanding of property-level fundamentals. On organizational scale, the firm has approximately 18 employees and runs its primary operations in New York, with an additional administrative presence in regional locations such as East Hampton. Long Pond Capital serves a sophisticated client base of private funds, pooled investment vehicles, and separately managed accounts, representing both domestic and international interests and showing the firm's reach in the global investment community. It is organized as a Delaware limited partnership, a standard legal framework for advisory operations. As an established entity in the financial sector, Long Pond Capital continues to give its investors specialized advisory services on a platform built on fundamental research and sector expertise. It manages complex real estate investments while keeping the operational infrastructure needed for its regulatory and fiduciary responsibilities to a diverse group of global investors.

Real estate mandate

Contacts at Long Pond