DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Madison International Realty Holdings, LLC

Asset manager (funds and pooled vehicles)New York, New YorkCRD 158165SEC 801-73977websiteIAPD
Latest filing Jul 8, 2026
First filing on the tape Feb 14, 2012 · 26 filings
SEC status approved since Mar 9, 2012
RAUM
$6.3B
reported, Item 5.F
Discretionary
80%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
62
20 advisory (5.B.1)
Offices
6
beyond the principal office
Private funds
26
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$6.3B as of Jul 8, 2026
Mar 28, 2013$1.1B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jul 8, 2026
Mar 28, 20130 then
Employees (5.A)62 as of Jul 8, 2026
Mar 28, 201340 then
Private funds26 as of Jul 8, 2026
Mar 28, 20138 then
RAUM -3.1% over the last fiscal year-7.5% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jul 8, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$191MderivedRAUM over accounts (5.F.2.f)
Discretionary
80%derivedof RAUM
Institutional
25%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived7 offices incl. principal (1.F.5)
RAUM growth, one year
-3.1%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
yesreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$4.4B70%
  • Sovereign wealth funds$1.1B18%
  • State and municipal entities$438M7.0%
  • Other investment advisers$286M4.5%
  • Pension and profit-sharing plans$37.2M0.6%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
33reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$0 for 0 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.75 institutional_share=0.25 related_bd=false related_bank=true bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      37 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Madison International Real Estate Liquidity Fund Viii (T), LPReal Estate Fund$1.5B18Mar 28, 2024
      Madison International European Liquidity Investors Feeder, L.P.Real Estate Fund$1.1B2Mar 31, 2017
      Madison International Real Estate Topco-N, LPReal Estate Fund$531M2Mar 31, 2023
      Madison International Real Estate Liquidity Fund Viii (Intl), LPReal Estate Fund$508M16Mar 31, 2021
      Madison International European Prime Property Investors, LPReal Estate Fund$486M2Mar 30, 2020
      Madison International Real Estate Liquidity Fund Vi (T), LPReal Estate Fund$347M45Mar 28, 2024
      Madison International Real Estate Liquidity Fund Vi (I), LPReal Estate Fund$347M7Jun 5, 2015
      Madison International Real Estate Liquidity Fund Vi (Te), LPReal Estate Fund$347M25Mar 28, 2024
      Madison International Real Estate Liquidity Fund Vii (Te), LPReal Estate Fund$310M34Mar 28, 2024
      Madison International Real Estate Liquidity Fund Vii (Intl), LPReal Estate Fund$310M34Mar 28, 2024
      Madison International Real Estate Liquidity Fund Vii (Intl II), LPReal Estate Fund$310M2Mar 29, 2019
      Madison International Real Estate Liquidity Fund Vii (T), LPReal Estate Fund$310M197Mar 28, 2024
      Madison Nyc Core Retail Partners, LPReal Estate Fund$282M10Mar 30, 2016
      Madison International Prime Property Investors Series I, LPReal Estate Fund$257M2Mar 29, 2019
      Madison Nyc Core Retail Partners II, LPReal Estate Fund$232M5Mar 30, 2018
      Madison International Prime Property Investors Series II, LPReal Estate Fund$200M2Mar 31, 2021
      Madison International Real Estate Liquidity Fund Vii Iqhq Co-Investment, LPReal Estate Fund$159M6Mar 31, 2021
      Madison International Real Estate Liquidity Fund Viii (Te), LPReal Estate Fund$155M16Mar 28, 2024
      Madison International Real Estate Liquidity Fund Vii Eli Master Co-Investment, LPReal Estate Fund$121M4Mar 31, 2021
      Madison International Real Estate Liquidity Fund Viii Data Centers Co-Investment, LPReal Estate Fund$95.1M6Mar 31, 2023
      Madison International Strategic Co-Investment Sidecar U-1, LLCReal Estate Fund$75.9M2Mar 31, 2023
      Madison International Real Estate Liquidity Fund V, LPno longer reportedReal Estate Fund$72.4M112Mar 28, 2013
      Madison International Real Estate Liquidity Fund III, LPno longer reportedReal Estate Fund$54.3M92Feb 14, 2012
      Madison International Real Estate Liquidity Fund Vii Lazora Co-Investment, LPReal Estate Fund$51.2M2Mar 30, 2020
      Madison International Global Value Real Estate Securities Fund, LPno longer reportedReal Estate Fund$38.0M3Mar 30, 2018
      Madison International Real Estate Liquidity Fund Vi Retail Co-Investment, LPReal Estate Fund$31.7M2Mar 31, 2017
      Madison International Real Estate Liquidity Fund IV, LPno longer reportedReal Estate Fund$21.8M106Feb 14, 2012
      Madison International Real Estate Liquidity Fund II, LPno longer reportedReal Estate Fund$12.4M40Feb 14, 2012
      Madison Deutsche Andau Holdings, LPno longer reportedReal Estate Fund$8.9M2Feb 14, 2012
      Mirelf IV Nyc Core Retail Liquidity Aiv, LPno longer reportedReal Estate Fund$5.3M23Feb 14, 2012
      Madison International Real Estate Liquidity Fund V, LPReal Estate Fund$2.0M112Mar 31, 2023
      Madison International Liquidity Fund, LLCno longer reportedReal Estate Fund$1.3M10Feb 14, 2012
      Madison Fornebu Co-Investment Feeder, LPno longer reportedReal Estate Fund$602,1833Mar 31, 2015
      Madison International Liquidity Services, LLCno longer reportedReal Estate Fund$410,2103Feb 14, 2012
      Madison International Real Estate Liquidity Fund Vi, ScsReal Estate Fund$313,3208Mar 28, 2024
      Madison International Real Estate Liquidity Fund Vii, ScsReal Estate Fund$120,37320Mar 28, 2024
      Madison International Real Estate Liquidity Fund Viii, Scs-PReal Estate Fund$110,03936Mar 28, 2024
      Owners and control persons
      Schedule A and B, latest filing
      • Mark Ronald Dickerman · Presidentcontrol
        since 04/2002 · owns less than 5%
      • David Mark Schein · Chief Operating Officer, And General Counselcontrol
        since 04/2023 · owns less than 5%
      • Mark Ronald Dickerman · Majority Ownercontrol
        since 06/2019 · owns 75% or more of Madison International Realty Partners, LP
      • Joseph Carey Flaherty · Chief Investment Officer
        since 05/2010 · owns less than 5%
      • Yehuda Hecht · Chief Financial Officer
        since 10/2010 · owns less than 5%
      • Emidio Morizio · Chief Compliance Officer
        since 08/2023 · owns less than 5%
      Entity owners
      • Madison International Realty Partners, LP · Madison International Realty Partners, LP
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • Madison International Holdings Lazora, LLC
        pooled vehicle sponsory
      • Madison International Holdings Nyc Core Retail II, LLC
        pooled vehicle sponsory
      • Madison International Holdings Nyc Core Retail, LLC
        pooled vehicle sponsory
      • Madison International Holdings V, LLC
        pooled vehicle sponsory
      • Madison International Holdings Vi Retail Co-Investment, LLC
        pooled vehicle sponsory
      • Madison International Holdings Vi, LLC
        pooled vehicle sponsory
      • Madison International Holdings Vii Eli Co-Investment, LLC
        pooled vehicle sponsory
      • Madison International Holdings Vii Iqhq Co-Investment, LLC
        pooled vehicle sponsory
      • Madison International Holdings Vii, LLC
        pooled vehicle sponsory
      • Madison International Holdings Viii Cologix Co-Investment, LLC
        pooled vehicle sponsory
      • Madison International Holdings Viii, LLC
        pooled vehicle sponsory
      Offices
      Schedule D 1.F, the 25 largest
      • London, United Kingdom6 employees
      • Frankfurt Am Main, Germany2 employees
      • Amsterdam, Netherlands1 employees
      • Luxembourg, Luxembourg1 employees
      • Los Angeles, CA
      • Singapore, Singapore
      What changed
      consecutive filings, newest first
      • Other offices · 7 to 6
        Mar 31, 2026 to Jul 8, 2026
      • Accounts · 28 to 33
        Apr 10, 2025 to Mar 31, 2026
      • Advisory employees · 32 to 20
        Apr 10, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 25 to 26
        Apr 10, 2025 to Mar 31, 2026
      • Employees · 74 to 62
        Apr 10, 2025 to Mar 31, 2026
      • Other offices · 6 to 7
        Apr 10, 2025 to Mar 31, 2026
      • Private funds · 25 to 26
        Apr 10, 2025 to Mar 31, 2026
      • Discretionary RAUM · $6.1B to $5.0B
        Apr 10, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $421M to $1.3B
        Apr 10, 2025 to Mar 31, 2026
      • Pension RAUM · $84.1M to $37.2M
        Apr 10, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $4.4B to $4.4B
        Apr 10, 2025 to Mar 31, 2026
      • RAUM · $6.5B to $6.3B
        Apr 10, 2025 to Mar 31, 2026
      • Accounts · 25 to 28
        Mar 28, 2024 to Apr 10, 2025
      • Advisory employees · 31 to 32
        Mar 28, 2024 to Apr 10, 2025
      • Pooled vehicle clients · 21 to 25
        Mar 28, 2024 to Apr 10, 2025
      • Employees · 70 to 74
        Mar 28, 2024 to Apr 10, 2025
      • Financial planning clients · unset to
        Mar 28, 2024 to Apr 10, 2025
      • Private funds · 21 to 25
        Mar 28, 2024 to Apr 10, 2025
      • Discretionary RAUM · $6.6B to $6.1B
        Mar 28, 2024 to Apr 10, 2025
      • Non-discretionary RAUM · $429M to $421M
        Mar 28, 2024 to Apr 10, 2025
      • Pension RAUM · $75.9M to $84.1M
        Mar 28, 2024 to Apr 10, 2025
      • Pooled vehicle RAUM · $4.8B to $4.4B
        Mar 28, 2024 to Apr 10, 2025
      • RAUM · $7.0B to $6.5B
        Mar 28, 2024 to Apr 10, 2025
      • Related bank · false to true
        Mar 28, 2024 to Apr 10, 2025
      • Accounts · 20 to 25
        Aug 24, 2023 to Mar 28, 2024
      • Advisory employees · 62 to 31
        Aug 24, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 20 to 21
        Aug 24, 2023 to Mar 28, 2024
      • Assets in custody · $5.9B to $0
        Aug 24, 2023 to Mar 28, 2024
      • Employees · 73 to 70
        Aug 24, 2023 to Mar 28, 2024
      • Other offices · 5 to 6
        Aug 24, 2023 to Mar 28, 2024
      • Private funds · 17 to 21
        Aug 24, 2023 to Mar 28, 2024
      • Discretionary RAUM · $7.5B to $6.6B
        Aug 24, 2023 to Mar 28, 2024
      • Non-discretionary RAUM · $457M to $429M
        Aug 24, 2023 to Mar 28, 2024
      • Pension RAUM · unset to 75949367.0
        Aug 24, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $8.0B to $4.8B
        Aug 24, 2023 to Mar 28, 2024
      • RAUM · $8.0B to $7.0B
        Aug 24, 2023 to Mar 28, 2024
      • Accounts · 16 to 20
        Mar 31, 2022 to Mar 31, 2023
      • Advisory employees · 58 to 62
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle clients · 16 to 20
        Mar 31, 2022 to Mar 31, 2023
      • Assets in custody · $5.6B to $5.9B
        Mar 31, 2022 to Mar 31, 2023
      Signals
      3 dated events
      • David Mark Schein (Chief Operating Officer, And General Counsel) appeared on Schedule A of Madison International Realty Holdings, Llc
        Mar 28, 2024 · Control person joined · fact
      • Madison International Realty Holdings, Llc reported RAUM $6.3B, up 36% from $4.6B (2019-10-30 to 2020-03-30)
        Mar 30, 2020 · RAUM change · derived
      • Madison International Realty Holdings, Llc reported RAUM $4.6B, up 28% from $3.6B (2018-03-30 to 2019-03-29)
        Mar 29, 2019 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/madison-international-realtyreportedpublic record, Form ADV, Sep 17, 2026
      Website
      madisonint.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      212-688-8777reportedpublic record, Form ADV, Jul 8, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026
      Across the graphs

      Madison International Realty Holdings, LLC is the same institution as 1 record in Real Estate Funds.

      Real Estate Funds1

      Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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