Magnolia Capital, headquartered in the US, specializes in acquiring, repositioning, and managing real estate assets. The firm is known for managing private real estate funds and focuses particularly on multi-family properties throughout the United States.
Adam Kenneth Peterson founded The Magnolia Group LLC in 2012 and served as its Managing Member. Currently, he holds multiple prominent roles: Chairman, President, and CEO at Boston Omaha Corp. since 2015, Director at Nicholas Financial, Inc. since 2017, Independent Director at Nelnet, Inc. since 2022, and Director at Crescent Bank. He also co-manages Boston Omaha Asset Management LLC. Previously, Mr. Peterson served as Co-Chairman, Co-President, and Co-CEO at Yellowstone Acquisition Co. from 2020 to 2022 and as an Independent Director at Brampton Brick Ltd. from 2016 to 2021. His career began as a Financial Analyst at Peter Kiewit Sons' GP, Inc. from 2004 to 2006. He also held key positions such as Chief Investment Officer at Magnolia Capital Partners LLC from 2005 to 2014 and General Partner at Magnolia Capital Fund LP, Magnolia BOC I LP, and Magnolia BOC II LP. Mr. Peterson earned his undergraduate degree from Creighton University.
Magnolia Group manages discretionary assets totaling $783,587,938 as of their Form ADV filed on April 2024, serving 2 clients. Their most recent 13F filing for Q1 2024 revealed holdings of $663,893,158 in managed 13F securities, with a significant concentration of 97.99% in their top 10 holdings. Nelnet, Inc Class A stands out as Magnolia Group's largest holding, with 1,900,000 shares held.