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Blue Lake Capital is a private investment and management firm specializing in multifamily real estate syndication based in Norwood, Massachusetts, just outside of Boston. The organization raises private capital to acquire, own, and operate Class B multifamily assets that typically range from 300 to 600 units across the United States. The firm currently manages approximately $750 million in assets under management and oversees a growing portfolio of over 3,300 residential units. Operating from additional offices in Malibu, California, the company has completed over $1 billion in total real estate transactions and achieved three successful exits with net internal rates of return exceeding 30%. The enterprise functions with a core team of ten employees, including key leadership figures such as Director of Investor Relations Jeannette Robinson. Blue Lake Capital was founded in 2017 by chief executive officer Ellie Perlman.
Key people at Blue Lake Capital.
Blue Lake Capital engages privately with family offices and institutional investors, offering them access to detailed investment materials and briefings.
Blue Lake Capital engages privately with family offices and institutional investors, offering them access to detailed investment materials and briefings.
Blue Lake Capital has 5 tracked investments across 5 companies. The latest tracked deal is $10.1B Series C in TRUGO TECH in February 2026.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Feb 4, 2026 | TRUGO TECH | $10.1B Series C | Blue Lake Capital, Chengdu Jiaozi Zhongying Fund, Chengdu Kechuang, COCOCAPITAL Corporation, Jiaxing Changsantou, Xinyi Donghu, Yidaohuizhi, 容亿投资, 浙商创投 | — |
| Nov 1, 2025 | Zelos Gaming | $97.3M Series B Extension | — | Baidu Ventures |
| Oct 22, 2025 | Jiushi Intelligence | $98.7M Series B | — | Baidu Ventures |
| Nov 29, 2021 | ZhenYun Information Technology | $101.8M Series C | Meituan | AB Initio Capital, Eastern Bell Capital, Redpoint China, Unicorn Capital Partners, Zhongmi Capital |
| Jan 26, 2016 | 5miles | $30.0M Series B | — | IDG Capital, Morningside, Susquehanna International Group |
Key people at Blue Lake Capital.