9AT: ASCENDANT CAPITAL PARTNERS LP

other names

ASCENDANT CAPITAL PARTNERS LP
1CUBED CAPITAL MANAGEMENT LP
CRE INVESTMENT MANAGER LP

Adviser Profile

As of Date	10/31/2025
Registration	SEC, Approved, 07/30/2021
Other registrations (1)	SEC, ERA - Withdrawn, 06/29/2021
Former registrations	ASCENDANT CAPITAL PARTNERS LP
ADV Location	LOS ANGELES, CA, United States
Contact Info	(31 xxxxxxx
Websites

AUM^*	1,409,560,138 206%
of that, discretionary	1,409,560,138 206%
Private Fund GAV^*	1,594,322,285 98%
Avg Account Size	100,682,867 9%
SMA’s	No
Private Funds	18 10

Adviser Type

- Large advisory firm

Number of Employees 14 8%

of those in investment advisory functions 10 11%

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

SEC Fund Type	Count	GAV
Fund TypePrivate Equity Fund	Count2	GAV$750,000,000
Fund TypeReal Estate Fund	Count15	GAV$804,322,285
Fund TypeVenture Capital Fund	Count1	GAV$40,000,000

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	#Funds
Adviser RESOURCE LAND HOLDINGS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund287.3m	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV287.3m	AUM287.3m	#Funds1
Adviser ACUMEN WEALTH ADVISORS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund9.4m	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV9.4m	AUM593.7m	#Funds1
Adviser SENECA HOUSE ADVISORS	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund2.4m	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV2.4m	AUM424.7m	#Funds1
Adviser ALBANY ROAD REAL ESTATE PARTNERS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund52.0m	Securitized Asset Fund-	Venture Capital Fund215.0m	Other Fund259.5m	Total Private Fund GAV741.5m	AUM1.1b	#Funds6
Adviser CA ADVISER, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund320.9m	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV320.9m	AUM320.9m	#Funds1
Adviser VILA, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund298.9m	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV298.9m	AUM298.9m	#Funds2
Adviser EM ADVISOR	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund155.5m	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV155.5m	AUM153.5m	#Funds53
Adviser LIONHEART STRATEGIC MANAGEMENT, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund12.4m	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV12.4m	AUM370.9m	#Funds2
Adviser HVPF MANAGER II, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund430.0m	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV430.0m	AUM430.0m	#Funds3
Adviser PRESERVATION EQUITY FUND ADVISORS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund418.9m	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV418.9m	AUM418.9m	#Funds3

Brochure Summary

Overview

Ascendant Capital Partners LP (“Ascendant” or “we”), a Delaware limited partnership, was established on November 2, 2019, and is indirectly owned by Russell Gimelstob, Alexander Halpern and Joseph Eric Calder (the “Principals”). Please see Schedule A and Schedule B of the Part 1A of this Form ADV filing for a comprehensive report of Ascendant’s direct and indirect owners. Ascendant is an investment advisor to pooled investment vehicles, such as private funds, limited partnerships and limited liability companies (such vehicles, “Funds” or “Ascendant Funds"). Affiliates of Ascendant generally act as the general partner/managing member of Funds but at times, a Fund may also serve as the general partner/managing member of another Fund. Ascendant’s Funds are organized for the principal purposes of (a) making investments, directly or indirectly, in the securities of real estate, real estate management, and real estate operating companies primarily in the United States, Mexico and Canada, (b) operating, supervising and disposing of such investments, and (c) engaging in such other activities incidental or ancillary thereto as the general partner deems necessary or advisable. Investment opportunities are offered privately to institutional investors and high-net-worth individuals. Each investor in an Ascendant Fund is required to be an accredited investor pursuant to the safe harbor provided

by Regulation D under the Securities Act of 1933, as amended (the “Securities Act”). In addition, Ascendant pooled investment vehicles rely on exemptions pursuant to either Section 3(c)(1) or Section 3(c)(7) of the Investment Company Act of 1940, as amended (the “Investment Company Act”). Ascendant offers a full range of real estate investment advisory services, including, but not limited to, acquisitions, financing, asset management, and dispositions. Ascendant tailors its advisory services to the specific investment objectives and restrictions of each Fund as set forth in the related governing documents. As of the date of this Brochure, Ascendant’s advice is predominantly focused on real estate investments in North America. All investors should refer to the relevant Fund governing documents as well as this Brochure for more detailed information on such Fund’s investment objectives, fees, expenses, strategies, and restrictions. There is no assurance that the Funds will meet their performance objectives. As of December 31, 2023, Ascendant managed approximately $460,508,841 in regulatory assets under management on a discretionary basis. Ascendant provides investment management services on a non-discretionary basis for a single account, but is not ultimately responsible for arranging or effecting the purchase or sale of securities, and as such has excluded this account from its RAUM.

ASCENDANT CAPITAL PARTNERS LP

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