PREP INVESTMENT ADVISERS, L.L.C.
Adviser information for PREP INVESTMENT ADVISERS, L.L.C. 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 | 26 |
|---|---|
| Investment Advisory/Research | 24 |
| Registered Broker-Dealer Representatives | 1 |
| Registered State Investment Advisers | 1 |
| 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 | 3 | $477.0M |
| Non-Discretionary | 0 | $0 |
| Total | 3 | $477.0M |
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 | 3 | $477.0M |
| 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 AUMPerformance-based feesTRANSACTION FEES |
Identifiers
| SEC RIA File Number | 801-126231 |
|---|---|
| SEC ERA File Number | 801-126231 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 296631 |
| Legal Entity Identifier | None |
Principal Office
200 WEST MADISON STREET # 2800CHICAGO
IL
United States
Monday - Friday, 8:30-5:30
Tel: 312-499-1952, Fax: 312-499-1901
Chief Compliance Officer
ROBERT PEARCE
200 WEST MADISON STREET #2800
CHICAGO
IL
United States
Tel:
8602992151
R************@**********M
(Full email address available in API data)
Regulatory Contact
DOUGLAS W. LYONS
MANAGING PRINCIPAL
200 WEST MADISON STREET #2800
CHICAGO
IL
United States
Tel:
312-499-1952
D*****@************M
(Full email address available in API data)
Industry Affiliates
| CATHAY SECURITIES INVESTMENT TRUST CO., LTD | Other investment adviser, including financial planners |
| CONNING ASIA PACIFIC LIMITED (HONG KONG) | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial planners |
| CONNING ASSET MANAGEMENT LTD. (UK) | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial planners |
| CONNING INVESTMENT PRODUCTS, INC. | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial planners |
| CONNING, INC. | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisor |
| GLOBAL EVOLUTION FONDSMAEGLERSELSKAB A/S | Other investment adviser, including financial planners |
| GLOBAL EVOLUTION FUND MANAGEMENT SINGAPORE, PTE. LTD. | Other investment adviser, including financial planners |
| GLOBAL EVOLUTION MANCO SA | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| GLOBAL EVOLUTION USA, LLC | Other investment adviser, including financial planners |
| GOODWIN CAPITAL ADVISERS, INC. | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisor |
| OCTAGON CREDIT INVESTORS, LLC | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| OCTAGON CREDIT OPPORTUNITIES GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
| OCTAGON FUNDS GP III LLC | Sponsor, GP, manager of pooled investment vehicles |
| OCTAGON FUNDS GP LLC | Sponsor, GP, manager of pooled investment vehicles |
| OCTAGON FUNDS II GP LLC | Sponsor, GP, manager of pooled investment vehicles |
| PEARLMARK MEZZANINE REALTY PARTNERS GP IV, L.L.C. | Sponsor, GP, manager of pooled investment vehicles |
| PEARLMARK MEZZANINE REALTY PARTNERS GP V, L.L.C. | Sponsor, GP, manager of pooled investment vehicles |
| PEARLMARK REAL ESTATE SERVICES, L.L.C. | Real estate broker or dealer |
| PEARLMARK REAL ESTATE, L.L.C. | Sponsor, GP, manager of pooled investment vehicles |
| PEP GP I, L.L.C. | Sponsor, GP, manager of pooled investment vehicles |
| PEP GP II, L.L.C. | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| PEARLMARK EQUITY PARTNERS II, L.P. | Real Estate Fund | $178.0M | $5.0M | 16 |
| PEARLMARK MEZZANINE REALTY PARTNERS IV, L.P. | Real Estate Fund | $6.7M | $5.0M | 61 |
| PEARLMARK MEZZANINE REALTY PARTNERS V, L.P. | Real Estate Fund | $183.7M | $5.0M | 110 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| QUAZZO, STEPHEN, RENATO | Individual | – | CHIEF EXECUTIVE OFFICER | 10/2014 | < 5% |
| LYONS, DOUGLAS, WECHSLER | Individual | – | MANAGING PRINCIPAL | 10/2014 | < 5% |
| PEARLMARK REAL ESTATE, L.L.C. | Domestic Entity | – | SOLE MEMBER | 10/2014 | > 75% |
| PEARCE, ROBERT, STEDMAN | Individual | – | CHIEF COMPLIANCE OFFICER | 03/2023 | < 5% |
| BRADFORD, LINWOOD, EARLE | Individual | – | CHAIR OF THE BOARD | 03/2023 | < 5% |
| CONNING & COMPANY | Domestic Entity | PEARLMARK REAL ESTATE, L.L.C. | MEMBER | 03/2023 | 50-75% |
| CONNING HOLDINGS CORP | Domestic Entity | CONNING & COMPANY | SHAREHOLDER | 03/2023 | > 75% |
| CONNING U.S. HOLDINGS, INC. | Domestic Entity | CONNING HOLDINGS CORP | SHAREHOLDER | 03/2023 | > 75% |
| CONNING HOLDINGS LIMITED | Foreign Entity | CONNING U.S. HOLDINGS, INC. | SHAREHOLDER | 03/2023 | > 75% |
| CATHAY LIFE INSURANCE CO., LTD | Foreign Entity | CONNING HOLDINGS LIMITED | SHAREHOLDER | 03/2023 | > 75% |
| CATHAY FINANCIAL HOLDING CO., LTD. | Foreign Entity | CATHAY LIFE INSURANCE CO., LTD | SHAREHOLDER | 03/2023 | > 75% |
| LEE, JUNG, WON | Individual | – | BOARDMEMBER | 03/2023 | < 5% |