Finding Opportunity Others Overlook. Creating Value That Endures.
For almost a quarter of a century, Fillmore Capital Partners has built a legacy of investing in complex and challenging market sectors. Our investment strategy centers on two primary themes:
- Community-Based Health Care
- Hospitality and Consumer-Centric Essential Real Estate
Today’s marketplace of private equity and real estate managers has become commoditized with leverage-dependent strategies that produce volatile returns.
Fillmore’s investment strategies focus on fundamentals, operational skills, and dogged execution, resulting in a clear direction to liquidity and investment monetization.
Community-Based Health Care
Since inception, over 44% of Fillmore’s $9.5 billion of gross investments have been in health care sectors. Fillmore pioneered public pension investing into the post-acute health care sector, leading one of the largest privatizations in history ($2.2 billion) through a separately managed account. Fillmore’s health care private equity investments span the entire capital structure, including direct investments in clinical operations, development of state-of-the-art facilities, and innovative care delivery models.
Today, Fillmore owns a regional skilled-nursing facility management company, a transitional and restorative care operator, and an interdisciplinary pain management provider, and has made venture investments in insurance programs and pharmacy.
Hospitality and Consumer-Centric Essential Real Estate
Fillmore seeks to deliver attractive risk-adjusted returns through a mix of debt and equity strategies, with investment durations typically under 5 years. Traditional real estate is no longer a consistent “store of value” producing durable and predictable dividends. Capital appreciation is dependent on the cost of debt and economic cycles, with inflation risks eroding purchasing power.
Fillmore focuses on opportunities where operational expertise and strategic capital can unlock value across single-asset acquisitions, portfolios, and joint ventures. The next 40% of our gross investments have been in hospitality, an operating-intensive sector, similar to health care, that requires meeting consumer needs across diverse geographies and differentiated operating environments.
Fillmore invests with intention, providing flexible capital solutions, including:
- Common Equity (Minority Investment)
- Preferred Equity (Optional Conversion Rights)
- Recapitalizations and Stabilizations
- Enterprise Growth Capital
- Programmatic Development Joint Ventures
- Strategic Investments in Operating and Property Companies
When we create value, our investors share in that success, and our communities grow stronger.
We align with skilled operators who understand their markets and execute with discipline.
We provide flexible capital solutions across recapitalizations, growth initiatives, joint ventures, and complex structures.
We focus on making a difference, pairing disciplined returns with meaningful community impact.
Our Leadership
As a leading real estate and private debt alternative investment company, our success is driven by the collective experience, expertise, and strategic vision of our leadership. Our team, comprised of seasoned professionals from diverse backgrounds, is united by a shared commitment to serving with purpose, heart, and integrity.
Ronald E. Silva
President, Chief Executive Officer
Dustin A. Frazier
Chief Operating Officer
Michael O. Reinardy
Chief Acquisitions Officer
Anthony J. Varone
SVP, Head of Capital Markets
Get In Touch
To learn more about Fillmore or to start a conversation about how we might work together, please reach out to us by phone or submit our contact form. We’ll get back to you as soon possible.
Corporate Office:
4145 W Powell Rd, Powell, OH 43065
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