Prep Investment Advisers
Real Estate SEC-registered adviser
Legal name: Prep Investment Advisers, L.L.C.
AUM
$1.9B
Regulatory AUM
Private funds
5
Real Estate 5
Private fund assets
$1.6B
Gross asset value
Employees
34
Last Form D raise
Dec 2025
Most recent fund filing
From SEC Form ADV filing (filed Mar 31, 2026). View on SEC
People(4)
Owners and executive officers named on the firm's SEC Form ADV.
A
D
J
S
Funds(5)
Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.
| Fund | Type | Gross assets | Raised (Form D) | Investors | Last Form D | Recency |
|---|---|---|---|---|---|---|
| Pearlmark Realty Senior Mortgage Partners I, L.P. | Real Estate | $450.3M | — | — | Dec 2025 | Warm |
| Pearlmark Mezzanine Realty Partners V, L.P. | Real Estate | $184.3M | $137.1M | 52 | Dec 2021 | Cold |
| Pearlmark Equity Partners II, L.P. | Real Estate | $527.6M | — | — | — | |
| Pearlmark Mezzanine Realty Partners VI, L.P. | Real Estate | $389.0M | — | — | — | |
| Pearlmark Mezzanine Realty Partners IV, L.P. | Real Estate | — | — | — | — |
Board seats
Companies whose SEC Form D filings name one of this firm's people as a director, matched by name and office ZIP code.
No board seats matched from SEC filings yet.
Regulatory identifiers
- CRD number
- 296631
- SEC file number
- 801-126231
Sources
- SEC Form ADV Oct 14, 2026