ACRE MANAGER, LLC
Adviser information for ACRE MANAGER, LLC last updated from Form ADV on March 26th, 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 | 28 |
|---|---|
| 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 | 15 | $1.9B |
| Non-Discretionary | 5 | $1.2B |
| Total | 20 | $3.1B |
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 | 20 | $3.1B |
| 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 | 20 |
Services
| Advisory Services | Portfolio management for pooled investment vehicles |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-121950 |
|---|---|
| SEC ERA File Number | 801-121950 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 311363 |
| Legal Entity Identifier | None |
Principal Office
256 WEST 14TH STREET4TH FLOOR
NEW YORK
NY
United States
Monday - Friday, 8 A.M. TO 5 P.M.
Tel: 404-968-9795, Fax: None
Chief Compliance Officer
LES MENKES
MANAGING PARTNER
256 WEST 14TH STREET
4TH FLOOR
NEW YORK
NY
United States
Tel:
404-968-9795
L**@**********M
(Full email address available in API data)
Regulatory Contact
MICHAEL VAN DER POEL
MANAGING PARTNER
256 WEST 14TH STREET
4TH FLOOR
NEW YORK
NY
United States
Tel:
404-968-9795
M******@**********M
(Full email address available in API data)
Industry Affiliates
| ACRE ASSOCIATES II LTD | Sponsor, GP, manager of pooled investment vehicles |
| ACRE ASSOCIATES III LTD | Sponsor, GP, manager of pooled investment vehicles |
| ACRE CREDIT FUND II GP | Sponsor, GP, manager of pooled investment vehicles |
| ACRE FUND I GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
| ACRE II PTE LTD | Other investment adviser, including financial planners |
| ACRE III PTE LTD | Other investment adviser, including financial planners |
| ACRE MULTIFAMILY FUND IV GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
| ACRE RECAP GP LLC | Sponsor, GP, manager of pooled investment vehicles |
| ACRE SRE IV GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| ACRE CREDIT FUND I REIT LLC | Real Estate Fund | $1,866.9M | $1.0M | 120 |
| ACRE CREDIT FUND II REIT LLC | Real Estate Fund | $733.0M | $5.0M | 77 |
| ACRE MULTIFAMILY IV REIT, LLC | Private Equity Fund | $396.2M | $1.0M | 56 |
| SRE IV ACRE HOLDINGS LP | Real Estate Fund | $141.4M | $0.0M | 1 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| MENKES, LESLIE, SCOTT | Individual | – | MANAGING PARTNER AND CCO | 10/2020 | < 5% |
| Van Der Poel, Michael | Individual | – | MANAGING PARTNER | 10/2020 | < 5% |
| ACRE PARTNERS CONTROL VEHICLE LLC | Domestic Entity | – | MANAGING MEMBER | 10/2020 | > 75% |
| MENKES, LESLIE, SCOTT | Individual | ACRE PARTNERS CONTROL VEHICLE LLC | MANAGER | 10/2020 | 25-50% |
| Van Der Poel, Michael | Individual | ACRE PARTNERS CONTROL VEHICLE LLC | MANAGER | 10/2020 | 25-50% |
| ARS VIII ACRE MANAGER, L.P. | Domestic Entity | – | MEMBER | 10/2020 | 10-25% |
| ARS VIII ACRE MANAGER LLC | Domestic Entity | ARS VIII ACRE MANAGER, L.P. | GENERAL PARTNER | 10/2020 | |
| ALMANAC REALTY SECURITIES VIII, L.P. | Domestic Entity | ARS VIII ACRE MANAGER LLC | LIMITED PARTNER | 10/2020 | > 75% |