| Fund ID | 805-5770173741 |
| Fund type | Real Estate Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | No |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| Sales limited to qualified investors | No |
| % of assets independently valued | 0% |
| Owned by the adviser or related persons | 39% |
| Owned by funds of funds | 0% |
| Owned by non-U.S. persons | 0% |
| Fund | Type | Gross assets |
|---|---|---|
| Prg Multifamily Strategic Value Fund II, LLC | Real Estate | $582.6M |
| Prg Multifamily Value Added Fund III, LP | Real Estate | $281.2M |
| Prg Jamaica II Qof, LLC | Real Estate | $216.8M |
Merced 204 Member LLC reports $43.6 million in gross assets, among the top 57% of private funds by size.
The stated minimum investment is $100,000.
Merced 204 Member LLC is managed by Phoenix Realty Group LLC.
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.