THE PRAEDIUM GROUP LLC
Adviser information for THE PRAEDIUM GROUP 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 | 18 |
|---|---|
| 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 | 19 | $1.6B |
| Non-Discretionary | 0 | $0 |
| Total | 19 | $1.6B |
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 | 19 | $1.6B |
| 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 | 1 |
| 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 | 801-74236 |
|---|---|
| SEC ERA File Number | 801-74236 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 161789 |
| Legal Entity Identifier | None |
Principal Office
733 THIRD AVENUE24TH FLOOR
NEW YORK
NY
United States
Monday - Friday, 9:00 AM TO 5:00 PM
Tel: 212-224-5600, Fax: 212-224-5698
Chief Compliance Officer
ADAM MCGOVERN
GENERAL COUNSEL
733 THIRD AVENUE, 24TH FLOOR
NEW YORK
NY
United States
Tel:
212-224-5653
A********@****************M
(Full email address available in API data)
Industry Affiliates
| TPF IX GP LLC | Sponsor, GP, manager of pooled investment vehicles |
| TPF IX JOINT VENTURE XV GP LLC | Sponsor, GP, manager of pooled investment vehicles |
| TPF X IC JV GP LLC | Sponsor, GP, manager of pooled investment vehicles |
| TPF X JOINT VENTURE I GP LLC | Sponsor, GP, manager of pooled investment vehicles |
| TPF X JOINT VENTURE II GP LLC | Sponsor, GP, manager of pooled investment vehicles |
| TPF X JOINT VENTURE III GP LLC | Sponsor, GP, manager of pooled investment vehicles |
| TPF X JOINT VENTURE IV GP LLC | Sponsor, GP, manager of pooled investment vehicles |
| TPF X JOINT VENTURE V GP LLC | Sponsor, GP, manager of pooled investment vehicles |
| TPF X JOINT VENTURE VI GP LLC | Sponsor, GP, manager of pooled investment vehicles |
| TPF X JOINT VENTURE VII GP LLC | Sponsor, GP, manager of pooled investment vehicles |
| TPF X MIH GP LLC | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| PRAEDIUM IX MULTIFAMILY VALUE FUND, LP | Real Estate Fund | $9.8M | $5.0M | 17 |
| PRAEDIUM IX-A MULTIFAMILY VALUE FUND, L.P. | Real Estate Fund | $2.4M | $75.0M | 2 |
| PRAEDIUM IX-B MULTIFAMILY VALUE FUND, L.P. | Real Estate Fund | $0.0M | $75.0M | 2 |
| PRAEDIUM IX-C MULTIFAMILY VALUE FUND, L.P. | Real Estate Fund | $0.2M | $0.3M | 15 |
| PRAEDIUM X MIDDLE-INCOME HOUSING FUND, L.P. | Real Estate Fund | $854.2M | $5.0M | 31 |
| PRAEDIUM X-A MIDDLE-INCOME HOUSING FUND, L.P. | Real Estate Fund | $182.3M | $5.0M | 2 |
| PRAEDIUM X-B MIDDLE-INCOME HOUSING FUND, L.P. | Real Estate Fund | $28.1M | $5.0M | 2 |
| PRAEDIUM X-C MIDDLE-INCOME HOUSING FUND, L.P. | Real Estate Fund | $160.7M | $5.0M | 5 |
| TPF IX JOINT VENTURE XV LLC | Real Estate Fund | $2.1M | $0.0M | 2 |
| TPF X IC JV LP | Real Estate Fund | $139.2M | $0.0M | 2 |
| TPF X JOINT VENTURE I LLC | Real Estate Fund | $32.8M | $0.0M | 2 |
| TPF X JOINT VENTURE II LLC | Real Estate Fund | $32.7M | $0.0M | 2 |
| TPF X JOINT VENTURE III LLC | Real Estate Fund | $45.8M | $0.0M | 2 |
| TPF X JOINT VENTURE IV LLC | Real Estate Fund | $46.6M | $0.0M | 2 |
| TPF X JOINT VENTURE V LLC | Real Estate Fund | $25.5M | $0.0M | 3 |
| TPF X JOINT VENTURE V-A LLC | Real Estate Fund | $1.7M | $0.0M | 23 |
| TPF X JOINT VENTURE VI LLC | Real Estate Fund | $47.0M | $0.0M | 2 |
| TPF X JOINT VENTURE VII LLC | Real Estate Fund | $10.6M | $0.0M | 2 |
| TPF X JOINT VENTURE VII-A LLC | Real Estate Fund | $1.8M | $0.0M | 36 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| STROBL, RONALD, WILLIAM | Individual | – | VICE PRESIDENT, TREASURER, CHIEF FINANCIAL OFFICER | 02/2012 | < 5% |
| THE PRAEDIUM GROUP, LP | Domestic Entity | – | MEMBER | 12/1998 | 50-75% |
| THE PRAEDIUM GROUP II LP | Domestic Entity | – | MEMBER | 11/2011 | 50-75% |
| RAPP, LLC | Domestic Entity | THE PRAEDIUM GROUP, LP | LIMITED PARTNER | 05/1999 | > 75% |
| APPEL, RUSSELL, LEWIS | Individual | – | MANAGER AND FOUNDING PRINCIPAL | 12/1998 | < 5% |
| APPEL, RUSSELL, LEWIS | Individual | RAPP, LLC | MEMBER | 05/1999 | > 75% |
| CHMRA, LLC | Domestic Entity | THE PRAEDIUM GROUP, LP | GENERAL PARTNER | 11/1998 | |
| APPEL, RUSSELL, LEWIS | Individual | CHMRA, LLC | MEMBER | 11/1998 | > 75% |
| RAPP, LLC | Domestic Entity | THE PRAEDIUM GROUP II LP | LIMITED PARTNER | 11/2011 | > 75% |
| CHMRA, LLC | Domestic Entity | THE PRAEDIUM GROUP II, LP | GENERAL PARTNER | 11/2011 | |
| McGovern, Adam, Joseph | Individual | – | VICE PRESIDENT, GENERAL COUNSEL, AND CHIEF COMPLIANCE OFFICER | 02/2019 | < 5% |