PROSPECT RIDGE
PROSPECT RIDGE ADVISORS, LLC Legal Name
Adviser information for PROSPECT RIDGE last updated from Form ADV on March 27th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 39 |
|---|---|
| Investment Advisory/Research | 39 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 21 | $3.4B |
| Non-Discretionary | 5 | $275.2M |
| Total | 26 | $3.6B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 26 | $3.6B |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 2 |
| No. of Non-U.S. Clients | 4 |
Services
| Advisory Services | Portfolio management for pooled investment vehicles |
|---|---|
| Compensation | % of AUMPerformance-based feesACQUISITION FEES |
Identifiers
| SEC RIA File Number | 801-114474 |
|---|---|
| SEC ERA File Number | 801-114474 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 299594 |
| Legal Entity Identifier | None |
Principal Office
640 FIFTH AVENUE8TH FLOOR
NEW YORK
NY
United States
Monday - Friday, 8:00 AM - 6:00 PM
Tel: 212-655-7100, Fax: None
Chief Compliance Officer
BETHANY PRISTAW
GENERAL COUNSEL
640 FIFTH AVENUE
8TH FLOOR
NEW YORK
NY
United States
Tel:
(212) 655-7125
B**************@****************M
(Full email address available in API data)
Industry Affiliates
| PROSPECT RIDGE ADM GP LLC | Sponsor, GP, manager of pooled investment vehicles |
| PROSPECT RIDGE BLOOM JOINT VENTURE G.P. L.P. | Sponsor, GP, manager of pooled investment vehicles |
| PROSPECT RIDGE HRNO CO-INVEST G.P. L.P. | Sponsor, GP, manager of pooled investment vehicles |
| PROSPECT RIDGE QOF I GP L.P. | Sponsor, GP, manager of pooled investment vehicles |
| PROSPECT RIDGE QOF II GP L.P. | Sponsor, GP, manager of pooled investment vehicles |
| PROSPECT RIDGE QOF III GP L.P. | Sponsor, GP, manager of pooled investment vehicles |
| PROSPECT RIDGE QOF IV GP L.P. | Sponsor, GP, manager of pooled investment vehicles |
| PROSPECT RIDGE REAL ESTATE DEBT FUND G.P. L.P. | Sponsor, GP, manager of pooled investment vehicles |
| PROSPECT RIDGE REAL ESTATE EQUITY PLUS GP L.P. | Sponsor, GP, manager of pooled investment vehicles |
| PROSPECT RIDGE U.S. REAL ESTATE PARTNERS III G.P. L.P. | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| AB PR PARALLEL QOF I L.P. | Real Estate Fund | $2.3M | $0.0M | 11 |
| AB PR PARALLEL QOF II L.P. | Real Estate Fund | $2.1M | $0.1M | 7 |
| AB PR PARALLEL QOF III L.P. | Real Estate Fund | $0.8M | $0.1M | 7 |
| AB PR PARALLEL QOF IV L.P. | Real Estate Fund | $0.7M | $0.1M | 9 |
| AB PR QOF I L.P. | Real Estate Fund | $39.3M | $0.1M | 50 |
| AB PR QOF II L.P. | Real Estate Fund | $47.4M | $0.2M | 59 |
| AB PR QOF III L.P. | Real Estate Fund | $29.5M | $0.1M | 95 |
| AB PR QOF IV L.P. | Real Estate Fund | $16.0M | $0.1M | 96 |
| AB PR REAL ESTATE EQUITY PLUS FUND L.P. | Hedge Fund | $550.1M | $0.1M | 17 |
| ABREP II HRNO CO-INVEST L.P. | Real Estate Fund | $11.7M | $0.1M | 22 |
| PROSPECT RIDGE BLOOM JOINT VENTURE L.P. | Real Estate Fund | $0.0M | $30.9M | 8 |
| PROSPECT RIDGE REAL ESTATE DEBT FUND L.P. | Real Estate Fund | $519.7M | $0.1M | 16 |
| PROSPECT RIDGE U.S. REAL ESTATE PARTNERS III L.P. | Real Estate Fund | $1,385.1M | $0.4M | 48 |
| PROSPECT RIDGE WH CO-INVEST L.P. | Real Estate Fund | $132.7M | $19.0M | 3 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| PROSPECT RIDGE MIDCO LLC | Domestic Entity | – | SOLE MEMBER | 07/2018 | > 75% |
| PROSPECT RIDGE MANAGEMENT LP | Domestic Entity | PROSPECT RIDGE IM HOLDCO, LP | GENERAL PARTNER | 06/2019 | > 75% |
| NYDICK, JAY, SCOTT | Individual | – | CO-PRESIDENT | 07/2018 | < 5% |
| IORIO, STEPHEN, JOSEPH | Individual | – | PRESIDENT | 01/2022 | < 5% |
| NYDICK, JAY, SCOTT | Individual | PROSPECT RIDGE MANAGEMENT LP | PARTNER | 07/2018 | 25-50% |
| CRAMER, BRAHM, STUART | Individual | – | CO-PRESIDENT | 07/2018 | < 5% |
| CRAMER, BRAHM, STUART | Individual | PROSPECT RIDGE MANAGEMENT LP | PARTNER | 07/2018 | 25-50% |
| PRISTAW, BETHANY, HELEN | Individual | – | GENERAL COUNSEL / CHIEF COMPLIANCE OFFICER | 10/2019 | < 5% |
| PROSPECT RIDGE IM HOLDCO, LP | Domestic Entity | PROSPECT RIDGE MIDCO LLC | MANAGING MEMBER | 06/2019 | > 75% |
| PROSPECT RIDGE EMPLOYEE INVESTMENT VEHICLE, LP | Domestic Entity | PROSPECT RIDGE IM HOLDCO, LP | GENERAL PARTNER | 04/2021 | 25-50% |
| PROSPECT RIDGE MANAGEMENT LP | Domestic Entity | PROSPECT RIDGE EMPLOYEE INVESTMENT VEHICLE, LP | GENERAL PARTNER | 04/2021 | |
| NYDICK, JAY, SCOTT | Individual | PROSPECT RIDGE IM HOLDCO, LP | PARTNER | 04/2021 | 25-50% |
| CRAMER, BRAHM, STUART | Individual | PROSPECT RIDGE IM HOLDCO, LP | PARTNER | 04/2021 | 25-50% |
| BOYLE, AMY, BETH | Individual | – | CHIEF FINANCIAL OFFICER | 05/2023 | < 5% |