Eric S. Mathias
Partner
READ BIO
Strategy
Focused real estate strategy supported by flexible capital, built for an underserved market
We collaborate with sponsors and LPs as a trusted partner on secondaries transactions by bringing flexible capital and value-add experience across all facets of real estate investing. We structure investments with discipline around specific objectives and long-term alignment.
LP
GP
CO
Strategy
Focused real estate strategy supported by flexible capital, built for an underserved market
We collaborate with sponsors and LPs as a trusted partner on secondaries transactions by bringing flexible capital and value-add experience across all facets of real estate investing. We structure investments with discipline around specific objectives and long-term alignment.
LP
Capital for LP Secondaries
GP
Capital for GP-led secondaries
CO
Co-investment capital alongside GPs
Investment criteria
Deal Size
~$5–25 million equity investment per transaction
Structure
Common and preferred equity across LP secondaries, GP-led secondaries, and Co-GP investments
Property Types
Diversified, including industrial, IOS, retail, and multifamily
Markets
U.S. focus with an emphasis on the East Coast, Midwest, and Texas
Hold Period
~3–7 years, structured around sponsor objectives and business plan execution
TEAM
Great partnerships start with the right people
New River values
Be an approachable and trusted partner to all, invest with discipline, and align our success with the stakeholders we serve.
We believe firmly that relationships built on transparency, integrity, and alignment produce the best investment outcomes. We treat every relationship as a long-term partnership and every investment as a shared commitment.
Matthew W. Houchins
Partner
READ BIO
Conor G. McKiernan
Partner
READ BIO
The New River
New River takes its name from one of the oldest rivers in the world. It runs through West Virginia and North Carolina — connecting the Appalachian highlands to the Ohio River and the heartland beyond. For our founders, it's also home.
Its age defies its name. It is constantly evolving, carving a path through complex and challenging terrain. We chose the name because it reflects who we are — deeply rooted, adaptable, and focused on connecting the right people and opportunities across a landscape that others often overlook.
The New River
New River takes its name from one of the oldest rivers in the world. It runs through West Virginia and North Carolina — connecting the Appalachian highlands to the Ohio River and the heartland beyond. For our founders, it's also home.
Its age defies its name. It is constantly evolving, carving a path through complex and challenging terrain. We chose the name because it reflects who we are — deeply rooted, adaptable, and focused on connecting the right people and opportunities across a landscape that others often overlook.