| Fund ID | 805-8466019432 |
| Fund type | Real Estate Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | Yes |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 0% |
| Owned by the adviser or related persons | 46% |
| Owned by funds of funds | 0% |
| Owned by non-U.S. persons | 30% |
| Fund | Type | Gross assets |
|---|---|---|
| U.S. Real Estate Credit Fund III, LP | Real Estate | $124.9M |
| U.S. Real Estate Credit Minimaster Fund III, LP | Real Estate | $122.6M |
| Calmwater Real Estate Credit Fund IV (pf), LP | Real Estate | $72.8M |
Calmwater Real Estate Credit Fund IV, LP reports $618.8 million in gross assets, among the top 11% of private funds by size.
The stated minimum investment is $5 million.
Calmwater Real Estate Credit Fund IV, LP is managed by Calmwater Asset Management, LLC.
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.