Strategy Highlights
Capital Efficient Projects
Projects are structured with 65% senior debt, maximizing returns on limited equity contributions.
Targeted Residential Market
Investments are focused on high-demand Southeast U.S. markets with strong population and job growth.
Build-to-Sell & Build-to-Rent Strategy
Diversified exit options allow flexibility based on market conditions and investor goals.
This is Why Pentas Homes Real Estate Fund is the Right Strategy for you
The Pentas Homes Real Estate Fund is an evergreen pooled vehicle that supplies flexible, ongoing growth capital to Pentas Homes, LLC—a Miami-based developer with an extensive track record of 200-plus single-family and multifamily projects since 2010. Pentas targets high-growth sub-markets across Florida and the broader Southeast U.S. that exhibit strong job creation, population inflows, and acute housing shortages. Each project is capital-efficient—typically 65 % senior construction debt and 35 % equity—and is underwritten to support both build-to-sell and build-to-rent exits, allowing the portfolio to adapt quickly to shifting market conditions.
How the Fund Generates Returns
| Component | Key Features & Investor Benefits |
| Preferred Return | 8 % targeted annual payment (compounded and paid quarterly) provides predictable cash flow |
| Profit Participation | The Fund captures 70 % of net profits from rental income, property sales, or refinancings—targeted to yield an additional 5 %–10 % return per year—thereby aligning upside with Pentas Homes' performance. |
| Collateralized Structure | Capital is secured by a security interest in underlying real-estate assets, enhancing downside protection. |
| Evergreen Design | Proceeds from successful projects are recycled into new developments, creating a self-reinforcing capital base that can scale with opportunity. |
| Sponsor Alignment | Profit-sharing, conservative leverage, and hands-on oversight ensure Pentas Homes and investors benefit directly from disciplined execution. |
By combining a priority 8 % income stream with meaningful participation in project-level profits—and anchoring each investment with tangible collateral—the Fund seeks to deliver consistent, risk-adjusted returns while offering scalable exposure to the Southeast’s fastest-growing housing markets.
Hedge Fund Mangers
Ferdinand Ruaño - The Investment Manager and CEO of Pentas Homes
Ferdinand Ruaño is a seasoned entrepreneur and financial professional with deep expertise in finance, wealth management, and real estate. He holds a Finance degree from the University of South Florida and an MBA from Loyola University New Orleans. Early in his career, Ferdinand was a top‐performing securities broker—recognized among the “Who’s Who in Finance” in 1998–1999—and pioneered international investment strategies in Puerto Rico. He also played a key role in helping the South African government raise capital during Nelson Mandela’s transition in 1994. In 1985, he founded Total Financial Planning, which evolved into Ruaño Investment Planning Group Inc., and later served as a consultant for the IPO of Genaissance Pharmaceuticals in 2000.
Today, Ferdinand is the CEO of Private Equity Solutions LLC, a firm that manages over $40 million in real estate assets and provides technical economic analysis and investment advisory services. Under his leadership, PES sources and structures real estate investments and funds tailored to investors’ needs. He is also the founder and investment advisor representative of FRA Services Inc., a registered investment advisory, and held a life insurance license from 1982 to 2007.
“Our goal is to impact and favorably change the financial picture of our investors, associates and customers.”
Ferdinand Ruaño
Manager @ Pentas Homes Real Estate, LLC
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What Investors Say About CARL
"I didn’t know investments like this existed before finding CARL, and I guess they didn’t for regular investors until now. It provides so many more options, I can now manage my own hedge fund portfolio, diversify my investments and I have the potential to earn a return regardless of market direction."
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CFO, Michigan
OUR STRATEGIES
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Pentas Homes Real Estate
Pentas Homes—a premier, Miami-based developer and manager with an extensive track record in Florida’s single- and multi-family markets—offers investors direct exposure to its Build-to-Sell, Build-to-Rent, and Lease-to-Own pipeline via the Pentas Homes Real Estate Fund.
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If you have any further questions about hedge fund investing opportunities, our El Capitan strategy or about CARL in general, please do not hesitate to contact us.