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F••••••• I••••••••• G••••

Multi-strategy real estate managerSEC-registered adviser$1B to $5B· New York, New York

Multi-strategy real estate manager, based in New York, New York, reporting $1.2B of real estate gross assets across 17 vehicles.

Composed from this manager's Form ADV filings and classification.

Real estate GAV
$1.2B
Form ADV, Schedule D, real estate vehicles summed
Current vehicles
17
Form ADV, Schedule D 7.B.(1)
Properties held
23
Deeds, filings and the manager's own site, bound to its vehicles
Institutional LPs
1
Pension and endowment disclosures
As of · the latest Form ADV filing; property activity carries its own dates
Identifiers, size band and strategyCRD 129612 · SEC 801-62982Show
CRD 129612SEC 801-62982$1B to $5BMulti-strategyForm ADV
What capital do they manage?
Real estate GAV
$1.2B GAV 2024sum of GAV over non-feeder, non-quarantined Real Estate Fund vehicles on the latest filing (a scale proxy, never fund size)
GAV as filed
$1.7Bfeeders and quarantined readings included
Vehicles
17 current, 18 ever, 1 dropped9 feeders, 0 funds of funds
First on the tape
2011the extract starts in 2011; an earlier history is not visible
Latest filing
Oct 14, 2024registered adviser
Adviser RAUM
$80Bthe whole adviser, all strategies; used for the quarantine test only
Fund types on the latest filing
Hedge Fund 277, Real Estate Fund 17, Private Equity Fund 19, Securitized Asset Fund 32
Latest vintage
2022from 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
Other, Hotelbasis: stated
Markets
Europe, Japan, EMEA, Middle East, Oklahoma Citybasis: stated
Business kind (site)
OTHER
In the manager’s own words
  • Debt:Real Estate Debt
  • Special situations:A leading investor in real estate assets, loans and special situations worldwide
  • Distressed:European Non-Performing Loans
  • Multi-strategy:Investment platform that seeks to provide investors with the benefits of a liquid, diversified and market neutral approach to multi-strategy investing
  • Other:Commercial real estate equity and financing
  • Hotel:F••••••• I••••••••• G•••• Provides $291 Million Financing for Sonesta Manhattan Hotel Portfolio
  • Europe:European Non-Performing Loans
  • Japan:F••••••• Appoints Yuko Umino as Head of Private Wealth Solutions for Japan and Harry Bush as Head of Private Wealth Solutions for EMEA
  • EMEA:Harry Bush as Head of Private Wealth Solutions for EMEA
  • Middle East:Head of Middle East
  • Oklahoma City:F••••••• I••••••••• G•••• Leads $161 Million Loan for Oak OKC Development in Oklahoma City
Vehicles
18 on Form ADV
VehicleKindGAVOwnersReportedVintageLifecycleName saysLPs
F••••••• N•• L•••• I••••• F••• L•
805-3967876493
master$333M GAV 2024432021 to 20242021InvestingDebt
D• V•••• R••••••• F••• I•• L•••
805-3844667006
master$310M GAV 2024182022 to 20242022HarvestingDistressed
D• V•••• R••••••• F••• I••• L•••
805-6583835224
master$245M GAV 2024252022 to 20242022HarvestingDistressed
D••• H• S•••••••• P•••••••• L•••
805-2403318289
fund$158M GAV 202412022 to 20242022InvestingOpportunistic
D• V•••• R••••••• F••• I• F••••• B• L•••
805-5767335465
feeder$138M GAV 2024452022 to 20242022HarvestingDistressed
D• V•••• R••••••• F••• I•• F••••• B• L•••
805-1491800358
feeder$89M GAV 2024142022 to 20242022HarvestingDistressed
D• V•••• R••••••• F••• I•• L•••
805-1408115938
master$84M GAV 2024252022 to 20242022HarvestingDistressed
D• V•••• R••••••• F••• I•• F••••• a• L•••
805-3359407459
feeder$69M GAV 2024152022 to 20242022HarvestingDistressed
F••••••• N•• L•••• I••••• F••••• F••• L•
805-7642768725
feeder$61M GAV 2024252022 to 20242022InvestingNet lease
D••• V• L•• H•••••••• S•••
805-8764310132
master$59M GAV 202442022 to 20242022Investing
D••• V• L••• S•••
805-4623756571
feeder$59M GAV 202442022 to 20242022Investing
D••• A•••••• C•••••••• P•••••••• L•••
805-2932269218
co-investment$49M GAV 202422022 to 20242022Harvesting
D• V•••• R••••••• F••• I• F••••• B• L•••
805-2546667419
feeder$28M GAV 202492022 to 20242022HarvestingDistressed
D• V•••• R••••••• F••• I• F••••• a• L•••
805-6945720317
feeder$24M GAV 202462022 to 20242022HarvestingDistressed
D• V•••• R••••••• F••• I• F••••• a• L•••
805-4777566516
feeder$20M GAV 202462022 to 20242022HarvestingDistressed
D• V•••• R••••••• F••• I• F••••• K• L•••
805-7439600893
feeder$12M GAV 202412022 to 20242022HarvestingDistressed
D••• V• L•••
805-1060212700
fund$6M GAV 202442022 to 20242022Investing
1 dropped, re-typed or historical vehicles
VehicleKindGAVOwnersReportedVintageLifecycleName saysLPs
D••• S••• H•••••••• L••
805-8936284284, dropped 2024
fund$2M GAV 202312022 to 20232022Dropped from ADV
What do they actually own?
5 trusted of 7 candidate bindings
Owner entityVehicleProperties heldLoansEvidence
C• W••••• H•••• A•••• L••
FL, golf course
manager only11 assessed $3.7MAddress and agent
owner's tax-bill address is the manager's headquarters to the suite or floor
F••• C••••••• J••••• L••
FL, heavy manufacturing, light manufacturing
manager only6 assessed $62.0MAddress and agent
owner's tax-bill address is the manager's headquarters to the suite or floor
F••• I••• L••
FL, financial institution
manager only3 assessed $4.1MAddress and agent
owner's tax-bill address is the manager's headquarters to the suite or floor
F••• B••• L••
FL, financial institution
manager only2 assessed $5.9MAddress and agent
owner's tax-bill address is the manager's headquarters to the suite or floor
F••• A•••• L••
FL, restaurant
manager only1 assessed $3.3MName only
mailing_hq_suite_cotenant_office
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?
1 allocators, 1 rows
  • S••••• B•• J••••• F••••••••• in F••••••• I••••••••• P••••••• O••••••••• F••• I• •• L• manager_brand$5.9M fair value, as of Dec 31, 2024 apps.irs.gov
People
Form ADV Schedule A, latest filing
  • D••••• N••• B••• Chief Financial Officer since 2003-12 also on pe
  • D•••• N•••••• B••••• Vice President, Secretary, Security Officer And General Counsel since 2007-02 also on pe
  • A••• M••••• M••••• Member since 2023-05 also on pe
  • R••••• W•••• C••••• Member since 2023-05 also on pe, vc
  • H••• A•••• B••••••• Member since 2023-07 also on pe, vc
  • K•••• M••••• K•••• Member since 2023-07 also on pe
  • P•••• L••••• B••••• Member since 2024-05 also on pe
  • A••••• A•••••• M••••••• Member since 2024-05 also on pe
  • J••••• A•••••• P••• Member since 2024-05 also on pe
  • J••• A••• N•••••• Managing Partner since 2024-05 also on pe
  • A••••• J••• W•••• Chief Compliance Officer since 2024-07 also on pe
What is changing?
  • Vehicle dropped from ADV Mar 29, 2024 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2022 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2022 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2022 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2022 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2022 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2022 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2022 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2022 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2022 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2022 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2022 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2022 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2022 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2022 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2022 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2022 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2022 (observed) ••• Locked
  • Vehicle first reported Nov 17, 2021 (observed) ••• Locked
  • First ADV filing on the tape Dec 22, 2011 (observed) ••• Locked
Across DFX