About DiversyFund
Institutional discipline,
applied to private markets.
DiversyFund manages private-market investment offerings under the documentation, underwriting, and reporting standards used by institutional allocators. Every offering follows the same operating framework, regardless of asset class.

Posture
What the firm is designed to do.
DiversyFund builds private-market investment offerings to a consistent operating standard. Each offering is documented before subscription. Terms, risks, and the conditions under which the structure performs—and the conditions under which it does not—are disclosed in writing.
Time horizons are measured in years and cycles. Investor reporting is delivered on a fixed cadence. When an underwriting assumption changes, both the prior assumption and the current assumption are reported.
The standard applies in calm conditions and in difficult ones. It does not change with the cycle.
Track record
What has been operated.
Cumulative figures across DiversyFund and predecessor investment vehicles operated by the founding team since the late 1990s. Past performance is not indicative of future results.
$300M+
Real estate acquired
20+
Properties
28,000+
Investors
Since 2016
Operating
Operating principles
Five principles, applied without exception.
How DiversyFund communicates, reports, and runs the business. The same principles apply in calm conditions and in difficult ones. They predate any single deal and continue across market cycles.
Acknowledge cost before frame.
When a development affects investor capital, the cost to investors is named first. The acknowledgment is not an apology. It is the recognition that any subsequent fact lands on people who are carrying the result.
State facts without rhetorical work.
Reports lead with the fact. Framing follows. Survivor comparisons, headline-yield language, and forward-looking promise constructions do not appear in firm communications.
Promise actions, not outcomes.
Returns, market direction, and recovery timelines sit outside the firm's control and are not promised. Specific actions—a document by a date, a call by a deadline, a number reported on a cadence—sit inside the firm's control and are committed to.
Concede small points without flinching.
When the firm was wrong about something, the firm says so plainly. The prior assumption and the current assumption are both shown. Compensating explanations are removed.
Speak in years, not quarters.
Private markets are long-duration. Narrative communications are measured in years and cycles. Quarterly framing is reserved for reporting cadence.
Operating history
From the late 1990s to the current platform.
- Late 1990s
Founding work in private-market vehicles
The founding team begins structuring private-market investment vehicles. The documentation, duration design, and operator-selection decisions made then are tested through the contraction at the end of the cycle.
- 2004–2015
Pre-DiversyFund operating history
More than one thousand syndicated transactions completed across residential, multifamily, and commercial real estate. Parallel work in corporate law and institutional fund management runs alongside.
- 2016
DiversyFund formed
DiversyFund is formed and qualified by the SEC under Regulation A+. Capital is opened to a broader investor base on the same documentation standards used by institutional allocators.
- 2018–2023
Multifamily build-out
More than $300 million in multifamily real estate is acquired and operated across more than 20 properties. The underwriting, operations, and reporting practices used here are the same practices the platform applies today.
- Today
Current platform
Multiple active offerings across real estate and adjacent private markets. An ongoing acquisition pipeline and a Premier program for accredited allocators. New products are added under the same operating framework.
See current opportunities or review the offering circular.
Founders
The operating team.
The founding team has operated through three full real estate cycles—the late-1990s contraction, 2008, and 2020. The standards used at DiversyFund today—underwriting, duration design, documentation, and reporting—are the operating practices each founder carried into the platform.

Craig Cecilio
Co-Founder & Chief Executive Officer
San Diego, California
- Capital raised across his career
- $1B+
- Syndicated transactions
- 1,000+
Craig has raised more than $1 billion in capital across his career. Prior to DiversyFund, he led CCFG Investments, where the team managed approximately $500M in assets and completed more than 1,000 syndicated transactions across residential, multifamily, and commercial real estate, beginning in the late 1990s.
He founded DiversyFund to apply the documentation, underwriting, and reporting standards used by institutional allocators to a broader investor base, and to build a platform capable of carrying multiple private-market products under one operating framework.
Stated operating mantra: “Relentless execution. Unbreakable vision.” — Craig

Alan Lewis
Co-Founder & Chief Investment Officer
Corporate law & real estate private equity
- Career transaction volume
- $41B+
- Acquisitions & restructurings
- $6B fund
Alan brings a Wall Street and corporate-law background, with a career spanning more than $41 billion in transactions—including acquisitions and portfolio restructurings for a $6 billion institutional real estate fund.
At DiversyFund he leads investment policy, underwriting standards, and the documentation framework used to raise, deploy, and report on capital across every offering.
“What I can commit to investors are specific actions—a document by a date, a call by a deadline, a number reported on a cadence. Not outcomes the market controls. The standard does not change with the cycle.”
Next step
Review the active offerings.
Active offerings, term ranges, and structure detail are reviewed with prospective investors in a short eligibility conversation. A team member responds within one business day.
Investing involves risk, including loss of principal. This website is for informational purposes and does not constitute an offer to sell or a solicitation to buy securities.