Priderock Fund Management Partners, LLC (“Priderock”), is a Delaware limited liability company
with its principal place of business in West Palm Beach, Florida. Priderock MDOF GP, LLC, a
Delaware limited liability under common control with Priderock Fund Management Partners, LLC,
which serves as the general partner (the “General Partner”) of the Fund (as defined below). The
General Partner is managed and controlled by George Banks, David Khoury and David Worley
(collectively, the “Principals”), who also comprise the Investment Committee (the “Investment
Committee”).
For the purposes of this brochure and where the context permits, “Priderock” shall also refer to the
General Partner and other affiliates of Priderock Fund Management Partners, LLC that provide
services to clients.
Priderock provides advisory services to Priderock Multifamily Debt Opportunity Fund, L.P., a
private investment vehicle organized as a Delaware limited partnership (the “Fund” or “MDOF”).
The Fund is exempt from registration under the Investment Company Act of 1940, as amended (the
“1940 Act”) and whose securities are not registered under the Securities Act of 1933, as amended
(the “Securities Act”). Priderock also provided advisory services to the following parallel funds of
the Fund: Priderock MDOF (PSQ), LLC, Priderock Multifamily Debt Opportunity Fund
(Offshore), L.P., Priderock MDOF (SR), LLC, PFMP K1508 Investors, LLC, PFMP-KF61
Investors, LLC, PFMP SR II, LLC, PFMP-K1512 Investors, LLC, PFMP-KF77 Investors, LLC,
PFMP-KF96
Investors, LLC, PFMP Origin, L.P., PFMP-V I CO-Invest, LLC Priderock Vogo
Fund, LP,PFMP- Co-Invest, LLC, Priderock Vogo Fund II, LP and PFMP KF155 Investors, LLC.
Priderock may decide in the future to provide advisory services to additional private investment
vehicles (collectively, the “Funds”) or to other institutional clients in separately managed accounts
(collectively with the Fund(s), “clients”).
Priderock tailors its advisory services to meet the investment objectives, guidelines, and other terms
of the Funds, in accordance with the limited partnership agreement, confidential offering
memorandum and other governing documents, as applicable (the “Offering Documents”).
Investment advice is provided directly to the Funds, subject to the discretion and control of the
General Partner, and not individually to the investors (“Investors”) in the Funds. Investors have no
authority to change the Funds’ investment objectives or limitations.
The Funds purchases and actively manages controlling class subordinated certificates (“Controlling
Class”) issued under the Freddie Mac K-Series Multifamily Mortgage Securitization Program (“K-
Deals”). The Funds’ investment strategy, and the risks associated therewith, are further discussed
below in Item 8 – Methods of Analysis, Investment Strategies and Risk of Loss.
Priderock does not participate in wrap fee programs.
As of December 31, 2023, Priderock had $343,357,136 in regulatory assets under management, all
of which are managed on a discretionary basis.