Overview
A. General Description of the Firm
This Brochure relates to GreenLake Asset Management LLC (the “Firm”). GreenLake Asset
Management is a real estate investment advisory and management business with its principal place
of business located in California. The Firm began conducting business in April 2018; prior to 2018,
the Firm conducted business as GreenLake Investment Management LLC. The Firm is wholly
owned by Grun Assets LLC.
B. Description of the Firm’s Services
The Firm offers real estate investment advisory and management services to its clients. The Firm
also originates, underwrites, services, and asset manages loans to borrowers in addition to
managing investments. For purposes of this Brochure all references to “client” shall be a reference
to the pooled investment vehicles (“Funds”) for which the Firm provides investment advisory
services and shall not include the underlying individual investors (“Investors”) in a Fund unless
otherwise specified.
C.
Availability of Customized Services for Individual Clients
Advisory services are tailored to achieve the Funds’ respective investment objectives, as set forth
in the organizational, corporate and/or offering documents and agreement(s) governing the Funds
and the relationship between the Firm and the Funds (the “Fund Governing Documents”). Advisory
services are not tailored to the individual needs of Investors in the Funds. Generally, the Firm has
the authority to select Fund investments and manage strategies without consulting Investors, in
accordance with the investment objectives and guidelines set forth in the applicable Fund
Governing Documents.
D. Wrap Fee Programs
The Firm does not participate in wrap fee programs.
E. Assets Under Management
As of December 31, 2023, the total amount of assets that the Firm was actively managing on a
discretionary basis was $843,353,211. As of December 31, 2023, the Firm was not managing any
assets on a non-discretionary basis.