Principal Real Estate
Asset Manager SEC-registered adviser
Legal name: Principal Real Estate Investors, LLC
AUM
$105.6B
Regulatory AUM
Private funds
18
Hedge Fund 14 · Other 3 · Real Estate 1
Private fund assets
$8.8B
Gross asset value
Employees
477
Last Form D raise
Sep 2026
Most recent fund filing
From SEC Form ADV filing (filed Aug 19, 2026). View on SEC
People(3)
Owners and executive officers named on the firm's SEC Form ADV.
G
K
T
Funds(18)
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 |
|---|---|---|---|---|---|---|
| Principal Real Estate Open-End Debt Fund, L.P. | Hedge Fund | $548.9M | $356.0M | 16 | Sep 2026 | Hot |
| Principal Real Estate Liquid Debt Fund, LP | Hedge Fund | $60.5M | $234.1M | 7 | May 2026 | Hot |
| Princal Principal Member Employees Tranche II, LP | Hedge Fund | $385K | $1.4M | 9 | Apr 2026 | Warm |
| Principal U.S. Property Fund, LP | Other | $163.7M | $125.0M | 8 | May 2025 | Cool |
| Principal Data Center Growth & Income Fund (cayman Parallel), L.P. | Hedge Fund | $302.4M | $750K | 1 | Oct 2024 | Cool |
| Principal Data Center Growth & Income Fund, L.P. | Hedge Fund | $1.8B | $1.6B | 23 | Jul 2024 | Cold |
| Princal Principal Member Employees, LP | Hedge Fund | $1.7M | $7.7M | 10 | Dec 2022 | Cold |
| Principal Green Property Fund III, LP | Hedge Fund | $53.8M | — | — | Dec 2022 | Cold |
| Principal Green Property Fund III (US Parallel), LP | Hedge Fund | $35.1M | — | — | Dec 2022 | Cold |
| Principal Green Property Fund III (cayman Parallel), LP | Hedge Fund | $9.8M | — | — | Dec 2022 | Cold |
| Principal Digital Real Estate Fund, LP | Hedge Fund | $352.9M | $457.4M | 13 | May 2021 | Cold |
| Principal Digital Real Estate Fund (a), LP | Hedge Fund | $55.2M | $71.7M | 6 | May 2021 | Cold |
| Principal European Core Fund US Scsp | Real Estate | $52.7M | — | — | Dec 2019 | Cold |
| Principal Real Estate Debt Fund Employees III | Other | $630K | $915K | 15 | Aug 2019 | Cold |
| Principal Enhanced Property Fund, L.P. | Hedge Fund | $5.1B | — | — | — |
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
- 109008
- SEC file number
- 801-55618
- CIK
- 1218333
Sources
- SEC Form ADV Oct 14, 2026