DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Prep Investment Advisers, L.L.C.
Prep Investment Advisers, L.L.C.
Averaging 30 years of experience, Pearlmark's senior leadership guides the firm's investment strategies and manages a team of professionals with diverse private
corporate parent: Conning & Company
Importance
32
moderate
Active deployment
4
low
Emerging
0
low
Completeness
56
elevated
Freshness
100
high
Research priority
8
low
Identity and regulatory footprint
- Headquarters
- Chicago, ILadviserinfo.sec.gov
- Office address
- 200 WEST MADISON STREET # 2800, Chicago, IL, 60606-3417adviserinfo.sec.gov
- Business phone
- 312-499-1952adviserinfo.sec.gov
- Website
- http://www.pearlmark.com
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- May 6, 2024
- Private funds reported
- 3 (0 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $368Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $477Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 26
- Owners on Schedule A
- Assicurazioni Generali S.P.A (Shareholder), E; Generali Investments Holding S.P.A (Shareholder), E; Conning U.S. Holdings, Inc. (Shareholder), E; Conning Holdings Corp (Shareholder), E; Conning & Company (Shareholder), D; Pearlmark Real Estate, L.L.C. (Sole Member), E
- business email
- cmendez@pearlmark.compearlmark.compublished by the subject
- business email
- bjohnson@pearlmark.compearlmark.compublished by the subject
- business email
- dshah@pearlmark.compearlmark.compublished by the subject
- business email
- dlyons@pearlmark.compearlmark.compublished by the subject
- business email
- esullivan@pearlmark.compearlmark.compublished by the subject
- business email
- mwitt@pearlmark.compearlmark.compublished by the subject
- business phone
- 312-499-1952adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
1 observed deals
Stated (the firm’s website)
- Sectors
- climate
- Stages
- not stated or not yet read
- Geography
- asia, global
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 100%
lead rate n/afollow-on rate n/anew logos, 12 months 1
Funds and vehicles
0 reported
No vehicle on record yet. A fund arrives from Form ADV Schedule D 7.B.(1) or a Form D filing.
Investment team
37 current, 1 departed
Luke Masciopinto
AnalystAnalyst
Michal Mosz
AnalystAnalyst
Phil Pollice
AnalystAnalyst
Spencer Dziuba
AnalystAnalyst
Thejas Rengaswamy
AnalystAnalyst
Jack Queally
AssociateAssociate
Jacob Weiskirch
AssociateAssociate
Jeremy Berger
AssociateAssociate
Katie Harvey
AssociateAssociate
Matt Sollmer
AssociateAssociate
Rebecca Eggert
AssociateExecutive Associate
Ryan Murray
AssociateAssociate
Shawna Kim
AssociateExecutive Associate
Thao Nguyen
AssociateExecutive Associate
Trent Hailey
AssociateAssociate
Linwood Earle Bradford
Founder or executiveChair Of The Board · since Mar 1, 2023
Stephen Quazzo
Founder or executiveCEO & Co-Founder
Stephen Renato Quazzo
Founder or executiveChief Executive Officer · since Oct 1, 2014
Jung Won Lee
OtherBoardmember · since Mar 1, 2023
Aaron Robison
PartnerManaging Director
Laura Dubin
PartnerProject Manager
Mark Witt
PartnerManaging Director
Michael Hales
PartnerManaging Director
Steven Gordon
PartnerManaging Director
Jennifer Mines
Platform and operationsAccounting Associate
Marco Hartnett
Platform and operationsPortfolio Controller
Patricia Chillis
Platform and operationsPortfolio Controller
Robert Stedman Pearce
Platform and operationsChief Compliance Officer · since Mar 1, 2023
Will Sandifer
Platform and operationsAccounting Associate
Doug Lyons
PrincipalManaging Principal
Douglas Wechsler Lyons
PrincipalManaging Principal · since Oct 1, 2014
Brad Smith
Vice presidentVice President
Brian Johnson
Vice presidentSenior Vice President
Darshak Shah
Vice presidentSenior Vice President
Erin Sullivan
Vice presidentVice President
Melanie Wang
Vice presidentVice President
Rich Dougherty
Vice presidentVice President
1 departed (kept with end dates)
- Wendy Freyer · Chief Compliance Officer · Oct 1, 2014 to Apr 21, 2023 Inference
Investments on record
1 edges, 1 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| SIPC | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
5 relationships from shared deals, counted for the whole firm
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
5 dated events
- Apr 21, 2023Wendy Freyer (Chief Compliance Officer) no longer on Schedule A of Prep Investment Advisers, L.L.C.
- Mar 1, 2023Robert Stedman Pearce joined Schedule A of Prep Investment Advisers, L.L.C. as Chief Compliance Officer
- Mar 1, 2023Linwood Earle Bradford joined Schedule A of Prep Investment Advisers, L.L.C. as Chair Of The Board
- Mar 1, 2023Jung Won Lee joined Schedule A of Prep Investment Advisers, L.L.C. as Boardmember
- Apr 6, 2018Prep Investment Advisers, L.L.C. first filed Form ADV (ERA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Corporate venture (candidate, 50%, cls-1)corporate parent: Conning & Company
Evidence
40 observations from 2 sources