LISC FUND MANAGEMENT, LLC
Adviser information for LISC FUND MANAGEMENT, LLC last updated from Form ADV on March 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 | Delaware, United States |
Employees
| Total Number of Employees | 10 |
|---|---|
| Investment Advisory/Research | 10 |
| 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 | 11 | $840.0M |
| Non-Discretionary | 0 | $0 |
| Total | 11 | $840.0M |
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 | 11 | $840.0M |
| 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 AUMFixed feesPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-119978 |
|---|---|
| SEC ERA File Number | 801-119978 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 304733 |
| Legal Entity Identifier | None |
Principal Office
28 LIBERTY STREET34TH FLOOR
NEW YORK
NY
United States
Monday - Friday, 9AM-5PM
Tel: 212-455-9800, Fax: None
Chief Compliance Officer
THEODORE TONG SHEN
ASSOCIATE GENERAL COUNSEL (LISC) AND ASSISTANT SECRETARY
28 LIBERTY STREET
34TH FLOOR
NEW YORK
NY
United States
Tel:
212-455-9381
T****@*******G
(Full email address available in API data)
Regulatory Contact
ROBERT LINCOLN COONEY, JR.
GENERAL COUNSEL (LISC) AND VICE CHAIR OF THE BOARD OF MANAGERS
28 LIBERTY STREET
34TH FLOOR
NEW YORK
NY
United States
Tel:
212-455-9836
B******@*******G
(Full email address available in API data)
Industry Affiliates
| BROADSTREET IMPACT SERVICES | Sponsor or syndicator of limited partnershipsSponsor, GP, manager of pooled investment vehicles |
| NATIONAL EQUITY FUND | Sponsor or syndicator of limited partnershipsSponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| BAY'S FUTURE FUND LLC | Real Estate Fund | $71.6M | $0.0M | 8 |
| BFF PRESERVATION SIDE CAR LLC | Real Estate Fund | $10.1M | $0.0M | 2 |
| BLACK ECONOMIC DEVELOPMENT FUND LLC | Private Equity Fund | $250.0M | $25.0M | 11 |
| CHARLOTTE HOUSING OPPORTUNITY INVESTMENT FUND II LLC | Private Equity Fund | $12.0M | $1.0M | 2 |
| CHARLOTTE HOUSING OPPORTUNITY INVESTMENT FUND LLC | Real Estate Fund | $43.0M | $0.5M | 12 |
| COMMUNITY HOUSING FUND LLC | Real Estate Fund | $152.5M | $0.0M | 2 |
| DALLAS HOUSING OPPORTUNITY INVESTMENT FUND LLC | Private Equity Fund | $23.5M | $5.0M | 1 |
| DETROIT AHLF-CDFI FUND LLC | Real Estate Fund | $58.0M | $0.0M | 13 |
| ENTREPRENEURS OF COLOR LOAN FUND LLC | Real Estate Fund | $100.0M | $0.0M | 7 |
| NY FORWARD LOAN FUND TRUST | Real Estate Fund | $61.5M | $0.0M | 15 |
| SOUTHERN OPPORTUNITY AND RESILIENCE FUND LLC | Real Estate Fund | $57.8M | $0.0M | 28 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| ASHTON, GEORGE, EARL | Individual | – | MANAGING DIRECTOR (LISC) AND PRESIDENT | 08/2020 | < 5% |
| LOCAL INITIATIVES SUPPORT CORPORATION | Domestic Entity | – | SOLE MEMBER | 06/2019 | > 75% |
| Shen, Theodore, Tong | Individual | – | CHIEF COMPLIANCE OFFICER, ASSOCIATE GENERAL COUNSEL (LISC), AND ASSISTANT SECRETARY | 08/2020 | < 5% |
| BRANKER, COURTNEY, DAVID | Individual | – | VICE PRESIDENT (LISC) AND TREASURER | 08/2020 | < 5% |
| PINNER, RICHARD, ERNEST | Individual | – | ASSOCIATE GENERAL COUNSEL (LISC) AND SECRETARY | 12/2019 | < 5% |
| Cooney, Jr., Robert, Lincoln | Individual | – | GENERAL COUNSEL (LISC) AND VICE CHAIR OF THE BOARD OF MANAGERS | 12/2019 | < 5% |