Asset ManagerRIA · CRD 290217SEC-RegisteredPrivate Fund Adviser

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Cain International

Cain International, led by Jonathan Goldstein, deploys flexible capital across luxury hospitality and prime real estate in London and US coastal markets.

Cain International logo

Cain International

Cain International is an SEC-registered investment adviser in London, registered since 2018. The firm manages $2.8 billion in regulatory assets, with $476 million on a discretionary basis. It has 92 employees and 76 investment advisers.

General information

Firm type

Generalist

Year founded

2014

AUM

Undisclosed

Location

Region

Europe

Country

United Kingdom

City

London

Corporate office

London, United Kingdom

Principals

Jonathan Goldstein

Chief Executive Officer

Sector focus

Real EstatePrivate Credit

Frequently asked questions

Who provides the primary capital behind Cain International?

Cain International does not publicly name its principal capital partner in firm-level disclosures. Transaction-level public records and consistent press reporting point to a large GCC-based private investor, frequently identified as members of the Qatari royal family or affiliated investment vehicles. This single-anchor capital base is what allows Cain to execute large off-market deals with minimal financing contingency.

How does Cain International structure its real estate investments?

Cain deploys capital through a mix of direct equity acquisitions, preferred equity positions, and mezzanine or structured credit instruments. The firm targets complex, time-sensitive transactions where it can negotiate favorable risk-adjusted returns by acting as a flexible capital provider. Typical check sizes range well into the hundreds of millions, focused on gateway cities — London, Los Angeles, Miami, and New York.

What was Jonathan Goldstein's background before founding Cain?

Jonathan Goldstein built his career as a property advisor and principal investor within family-office ecosystems. He was the CEO of the Reuben brothers' private property group, where he oversaw large-scale retail, office, and development assets, and previously advised the Bakrie family. Those roles gave him direct experience deploying concentrated single-source capital before establishing his own platform.

Is Cain International a fund manager or a private family office?

Cain International occupies a gray space between a conventional fund manager and a family-backed principal investment office. It manages third-party institutional mandates and raises discrete credit funds, including a £500 million UK residential lending strategy, while its primary capital anchor remains a closely-held source that gives the firm unusual speed and certainty of close.

What types of real estate does Cain avoid?

Cain avoids highly diversified, passive core real estate strategies where returns are driven by yield collection rather than value creation. The firm does not pursue suburban multifamily, stabilized industrial, or secondary-market office assets. Its operational focus stays squarely on luxury hospitality, prime residential development, and select high-barrier-to-entry gateways where Goldstein has existing borrower and broker relationships.

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