CHESTNUT FUNDS, LLC
Adviser information for CHESTNUT FUNDS, LLC last updated from Form ADV on February 29th, 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 | Tennessee, United States |
Employees
| Total Number of Employees | 11 |
|---|---|
| Investment Advisory/Research | 7 |
| 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 | 14 | $165.5M |
| Non-Discretionary | 0 | $0 |
| Total | 14 | $165.5M |
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 | 14 | $165.5M |
| 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 | 0 |
| No. of Non-U.S. Clients | 0 |
Services
| Advisory Services | Portfolio management for pooled investment vehicles |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-119567 |
|---|---|
| SEC ERA File Number | 801-119567 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 309949 |
| Legal Entity Identifier | None |
Principal Office
832 GEORGIA AVE.SUITE 221
CHATTANOOGA
TN
United States
Monday - Friday, 8:00 AM - 5:00 PM
Tel: 423-708-2178, Fax: None
Chief Compliance Officer
LIZA SOYDAN
CHIEF OPERATING OFFICER
832 GEORGIA AVE.
SUITE 221
CHATTANOOGA
TN
United States
Tel:
423-708-2178
L***@*************M
(Full email address available in API data)
Regulatory Contact
JOHN STEEN WATSON
MANAGING MEMBER, PRESIDENT AND CHIEF EXECUTIVE OFFICER
832 GEORGIA AVE.
SUITE 221
CHATTANOOGA
TN
United States
Tel:
423-708-2178
S****@*************M
(Full email address available in API data)
Industry Affiliates
| CHESTNUT HEALTHCARE GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
| CHESTNUT HEALTHCARE II GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
| CHESTNUT I GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
| CHESTNUT II GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
| CHESTNUT III GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
| CHESTNUT OZ GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| CHESTNUT ANCHOR HEALTHCARE FUND II, LP | Real Estate Fund | $53.8M | $0.3M | 83 |
| CHESTNUT CHULA VISTA, LP | Real Estate Fund | $0.8M | $0.1M | 11 |
| CHESTNUT GATEWAY II QOF, LP | Real Estate Fund | $1.4M | $0.0M | 6 |
| CHESTNUT HEALTHCARE FUND I, LP | Real Estate Fund | $21.7M | $0.3M | 97 |
| CHESTNUT HORSESHOE DRIVE, LLC | Real Estate Fund | $11.5M | $0.0M | 2 |
| CHESTNUT MARK CENTER, LP | Real Estate Fund | $1.4M | $0.1M | 17 |
| CHESTNUT MARKET STREET II, LLC | Real Estate Fund | $1.8M | $0.0M | 6 |
| CHESTNUT OPPORTUNITY ZONE FUND, LP | Real Estate Fund | $8.1M | $0.1M | 33 |
| CHESTNUT PARKRIDGE IV, LP | Real Estate Fund | $4.0M | $0.1M | 14 |
| CHESTNUT REAL ESTATE FUND I, LP | Real Estate Fund | $1.9M | $0.1M | 72 |
| CHESTNUT REAL ESTATE FUND II, LP | Real Estate Fund | $9.7M | $0.2M | 99 |
| CHESTNUT REAL ESTATE FUND III, LP | Real Estate Fund | $56.1M | $0.3M | 71 |
| CHESTNUT SPRING GARDEN QOF, LP | Real Estate Fund | $0.5M | $0.1M | 5 |
| CHESTNUT XENIA QOF, LP | Real Estate Fund | $1.9M | $0.1M | 13 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| WATSON, JOHN, STEEN | Individual | – | MANAGING MEMBER, PRESIDENT AND CHIEF EXECUTIVE OFFICER | 09/2015 | > 75% |
| SOYDAN, LIZA, KATE | Individual | – | CHIEF COMPLIANCE OFFICER AND CHIEF OPERATING OFFICER | 03/2021 | 10-25% |