DFX Intelligence
Real Estate Fund Intelligence
The manager graph behind U.S. private real estate capital. Which vehicles a manager swears to, what each reports year by year, what the manager says it does, and, where the evidence holds, which owner entities, properties, loans, lenders and pensions stand behind it. GAV is gross asset value on a filing date, never fund size, and every manager-to-property link carries its evidence class.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
What capital do they manage?
- Real estate GAV
- $8.9B GAV 2024sum of GAV over non-feeder, non-quarantined Real Estate Fund vehicles on the latest filing (a scale proxy, never fund size)
- Vehicles
- 21 current, 28 ever, 7 dropped11 feeders, 0 funds of funds
- First on the tape
- 2012the extract starts in 2011; an earlier history is not visible
- Latest filing
- Oct 17, 2024registered adviser
- Adviser RAUM
- $15Bthe whole adviser, all strategies; used for the quarantine test only
- Fund types on the latest filing
- Real Estate Fund 22
- Latest vintage
- 2024from a fund name year or the first ADV report after the adviser's first filing
What do they say they do?
stated by the manager
- Strategy
- Multi-strategy
- Operator model
- Hybridbasis: stated
- Property types
- Office, Industrial, Multifamily, Retail, Hotel, Landbasis: stated
- Markets
- United Statesbasis: stated
- Business kind (site)
- REAL_ESTATE_MANAGER
- AUM in its own words
- $29.3 billion Assets Under Managementthe manager's statement, not a DFX figure
In the manager’s own words
- Debt: “PCCP originates senior and mezzanine loans secured by commercial real estate.”
- Value add: “Investment opportunities typically pursued include physical repositioning, rehabilitation and redevelopment, recapitalizing impaired financial structures, discounted purchases of inefficiently marketed or distressed situations, high barrier-to-entry, complex situations, and select development opportunities.”
- Distressed: “discounted purchases of inefficiently marketed or distressed situations”
- Development: “select development opportunities”
- Office: “Product Type: Office, Industrial, Multi-family, Retail”
- Industrial: “Product Type: Office, Industrial, Multi-family, Retail”
- Multifamily: “Product Type: Office, Industrial, Multi-family, Retail”
- Retail: “Product Type: Office, Industrial, Multi-family, Retail”
- Hotel: “Product Type: Office, Industrial, Multi-family, Retail, Hospitality, Land, Residential”
- Land: “Product Type: Office, Industrial, Multi-family, Retail, Hospitality, Land, Residential”
- United States: “Major MSA’s in the United States”
Vehicles
28 on Form ADV
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|---|
| P••• C••••• X• •••• L• 805-7839445398 | fund | $2.4B GAV 2024 | 21 | 2024 to 2024 | 2024 | Unknown | Debt | ||
| P••• C••••• X• L• 805-7531605669 | fund | $1.5B GAV 2024 | 27 | 2021 to 2024 | 2021 | Harvesting | Debt | ||
| P••• C••••• I•• L• 805-4156021253 | fund | $1.0B GAV 2024 | 39 | 2017 to 2024 | 2017 | Harvesting | Debt | ||
| P••• E••••• I• •••• L• 805-1501416317 | fund | $536M GAV 2024 | 8 | 2022 to 2024 | 2022 | Investing | |||
| P• W•••••••• H••••••• L• 805-9514225577 | feeder | $381M GAV 2024 | 2 | 2023 to 2024 | 2023 | Investing | |||
| P• W•••••••• H••••••• L• 805-1481442738 | feeder | $381M GAV 2024 | 2 | 2023 to 2024 | 2023 | Investing | |||
| P••• E••••• I• •••• L• 805-7574657189 | fund | $328M GAV 2024 | 3 | 2022 to 2024 | 2022 | Investing | |||
| S••••• I• L•••• L• 805-9827342481 | feeder | $305M GAV 2024 | 2 | 2023 to 2024 | 2023 | Harvesting | |||
| S••••• I• G••••••• L• 805-1143173043 | feeder | $305M GAV 2024 | 2 | 2023 to 2024 | 2023 | Harvesting | |||
| P••• C••••• I• •••• L• 805-8431600027 | fund | $268M GAV 2024 | 16 | 2024 to 2024 | 2024 | Unknown | Debt | ||
| G•••••• I• S•••• S••••••••• • P••• 805-6303328449 | fund | $257M GAV 2024 | 2 | 2024 to 2024 | 2024 | Unknown | |||
| S••••• G••••••• L• 805-1523498299 | feeder | $223M GAV 2024 | 2 | 2022 to 2024 | 2022 | Investing | |||
| S••••• L•••• L• 805-8856037309 | feeder | $223M GAV 2024 | 2 | 2022 to 2024 | 2022 | Investing | |||
| P••• B••••••••• C••••••••• L• 805-2644459311 | co-investment | $138M GAV 2024 | 3 | 2022 to 2024 | 2022 | Deploying | |||
| P••• E••••• V••• •••• L• 805-6663866380 | fund | $113M GAV 2024 | 2 | 2020 to 2024 | 2020 | Investing | |||
| P••• E••••• V••• F••••• a• L• 805-7414920905 | feeder | $87M GAV 2024 | 112 | 2021 to 2024 | 2021 | Investing | |||
| P••• E••••• V••• •••• L• 805-1594051690 | fund | $85M GAV 2024 | 2 | 2020 to 2024 | 2020 | Investing | |||
| P••• E••••• V••• •••••• L• 805-1429706924 | fund | $45M GAV 2024 | 2 | 2020 to 2024 | 2020 | Harvesting | |||
| T••••• C••••••••• L• 805-7890969270 | co-investment | $40M GAV 2024 | 42 | 2020 to 2024 | 2020 | Investing | |||
| P••• F•••••• L• 805-4773773408 | fund | $38M GAV 2024 | 2 | 2021 to 2024 | 2021 | Harvesting | |||
| P•••• C••••••••• L• 805-4452840896 | co-investment | $28M GAV 2024 | 2 | 2024 to 2024 | 2024 | Unknown |
7 dropped, re-typed or historical vehicles
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|---|
| P••• D••• I•• P•• L•• 805-8203876092, dropped 2024 | feeder | $299M GAV 2023 | 1 | 2020 to 2023 | 2020 | Dropped from ADV | Debt | ||
| P••• D••• V• P•• L•• 805-5322552614, dropped 2024 | feeder | $299M GAV 2023 | 1 | 2023 to 2023 | 2023 | Dropped from ADV | Debt | ||
| P••• I••••••••• D••••••••• F••••• R•••• L•• 805-1459778601, dropped 2024 | feeder | $249M GAV 2023 | 1 | 2023 to 2023 | 2023 | Dropped from ADV | Development | ||
| P••• D••• I• P•• L•• 805-8099423462, dropped 2024 | feeder | $153M GAV 2023 | 1 | 2023 to 2023 | 2023 | Dropped from ADV | Debt | ||
| P••• C••••• V•• L• 805-8684004369, dropped 2023 | fund | $112M GAV 2022 | 39 | 2015 to 2022 | 2015 | Dropped from ADV | Debt | ||
| P••• D••• I• P•• L•• 805-7010789035, dropped 2024 | fund | $80M GAV 2023 | 1 | 2020 to 2023 | 2020 | Dropped from ADV | Debt | ||
| P••• F••••• I•• L• 805-7212538858, dropped 2023 | fund | $76M GAV 2024 | 2 | 2022 to 2024 | 2022 | Dropped from ADV |
What do they actually own?
0 trusted of 0 candidate bindings
No validated holdings yet. Candidate bindings stay off this page until their rule passes the blind-label gate.
What are they buying, selling and financing?
0 acquisitions, 0 sales, 0 financings in 12 months
No attributed events yet. An event reaches this page only through a validated holding binding.
Who finances them?
0 loans, 0 lender groups
No recorded loans through trusted holdings.
Who backs them?
0 allocators, 0 rows
No institutional LP disclosure resolved to this manager.
People
Form ADV Schedule A, latest filing
- W•••••• R•••• L•••••• Manager since 1998-05
- A•••• A••••• G•••••• Partner since 1998-05
- B•••• J••••• H••••• Partner since 2007-12
- G••• A••• E•••••••• Partner since 2007-12
- D••••• H•••• K•••••••• Member since 2008-11
- E•••• I•••• K•••••• U••••• Trustee since 2013-04
- S•••••• P••• T•••• Partner, Chief Financial Officer since 2013-08
- B•••• S••••• T••••••• Trustee since 2014-01
- J•• W•••••• L•••••• Partner since 2015-01
- J•••• B•••• G•••••• Partner since 2015-07
- L••••• E•• Y•••• N••••••• Partner, Chief Risk Officer & Chief Compliance Officer since 2016-05
- J••• W•••••• R•••••• Partner since 2018-01
- E••• R•••••• F•••• Partner since 2018-06
- J••••••• R•••• D••• Partner since 2021-10
- P•••• J••••• S••••••• Senior Vice President, General Counsel since 2022-06
- R••• F•••••• D•••• Partner since 2024-10
- K•••• B••••• K•••••• Partner since 2024-10
What is changing?
- Vehicle dropped from ADV Mar 29, 2024 (observed) P••• D••• I•• P•• L•• no longer reported on Form ADV by P•••• L••
- Vehicle dropped from ADV Mar 29, 2024 (observed) P••• D••• V• P•• L•• no longer reported on Form ADV by P•••• L••
- Vehicle first reported Mar 29, 2024 (observed) P••• C••••• X• •••• L• first reported on Form ADV by P•••• L••, GAV $2,437,855,979
- Vehicle first reported Mar 29, 2024 (observed) G•••••• I• S•••• S••••••••• • P••• first reported on Form ADV by P•••• L••, GAV $257,053,725
- Vehicle first reported Mar 29, 2024 (observed) P••• C••••• I• •••• L• first reported on Form ADV by P•••• L••, GAV $268,103,190
- Vehicle first reported Mar 29, 2024 (observed) P•••• C••••••••• L• first reported on Form ADV by P•••• L••, GAV $27,778,153
- Vehicle dropped from ADV Mar 29, 2024 (observed) U.S. Core-Plus Real Estate D••• Fund LP no longer reported on Form ADV by P•••• L••
- Vehicle dropped from ADV Mar 29, 2024 (observed) P••• D••• I• P•• L•• no longer reported on Form ADV by P•••• L••
- Vehicle dropped from ADV Mar 29, 2024 (observed) P••• D••• I• P•• L•• no longer reported on Form ADV by P•••• L••
- Vehicle dropped from ADV Mar 29, 2024 (observed) P••• I••••••••• D••••••••• F••••• R•••• L•• no longer reported on Form ADV by P•••• L••
- Vehicle dropped from ADV Mar 31, 2023 (observed) P••• F••••• I•• L• no longer reported on Form ADV by P•••• L••
- Vehicle dropped from ADV Mar 31, 2023 (observed) P••• C••••• V•• L• no longer reported on Form ADV by P•••• L••
- Vehicle first reported Mar 31, 2023 (observed) P••• D••• V• P•• L•• first reported on Form ADV by P•••• L••, GAV $299,435,240
- Vehicle first reported Mar 31, 2023 (observed) P••• I••••••••• D••••••••• F••••• R•••• L•• first reported on Form ADV by P•••• L••, GAV $249,487,617
- Vehicle first reported Mar 31, 2023 (observed) P••• D••• I• P•• L•• first reported on Form ADV by P•••• L••, GAV $153,218,921
- Vehicle first reported Mar 31, 2023 (observed) S••••• I• G••••••• L• first reported on Form ADV by P•••• L••, GAV $306,680,325
- Vehicle first reported Mar 31, 2023 (observed) P• W•••••••• H••••••• L• first reported on Form ADV by P•••• L••, GAV $408,646,514
- Vehicle first reported Mar 31, 2023 (observed) P• W•••••••• H••••••• L• first reported on Form ADV by P•••• L••, GAV $408,646,514
- Vehicle first reported Mar 31, 2023 (observed) S••••• I• L•••• L• first reported on Form ADV by P•••• L••, GAV $306,680,325
- Vehicle first reported Mar 31, 2022 (observed) P••• E••••• I• •••• L• first reported on Form ADV by P•••• L••, GAV $379,491,745
- Vehicle first reported Mar 31, 2022 (observed) P••• F••••• I•• L• first reported on Form ADV by P•••• L••, GAV $76,530,612
- Vehicle first reported Mar 31, 2022 (observed) P••• B••••••••• C••••••••• L• first reported on Form ADV by P•••• L••, GAV $53,499,179
- Vehicle first reported Mar 31, 2022 (observed) P••• E••••• I• •••• L• first reported on Form ADV by P•••• L••, GAV $546,865,432
- Vehicle first reported Mar 31, 2022 (observed) S••••• L•••• L• first reported on Form ADV by P•••• L••, GAV $228,680,313
- Vehicle first reported Mar 31, 2022 (observed) S••••• G••••••• L• first reported on Form ADV by P•••• L••, GAV $228,680,313
- Vehicle first reported Mar 30, 2021 (observed) P••• C••••• X• L• first reported on Form ADV by P•••• L••, GAV $534,107,215
- Vehicle first reported Mar 30, 2021 (observed) P••• F•••••• L• first reported on Form ADV by P•••• L••, GAV $101,082,111
- Vehicle first reported Mar 30, 2021 (observed) P••• E••••• V••• F••••• a• L• first reported on Form ADV by P•••• L••, GAV $51,996,642
- Vehicle first reported Mar 30, 2020 (observed) P••• E••••• V••• •••• L• first reported on Form ADV by P•••• L••, GAV $83,130,468
- Vehicle first reported Mar 30, 2020 (observed) T••••• C••••••••• L• first reported on Form ADV by P•••• L••, GAV $24,991,075
Across DFX
Bridged by shared CRD, CIK or SEC fund id only; the same institution’s PE portfolio companies and its real estate holdings stay on their own graphs.