MP RIA, LLC, a Delaware limited liability company (the “Adviser”), formed in 2011, provides discretionary
investment advisory services to pooled investment vehicles organized as private real estate funds (the
“Funds”). The Funds are:
• Miller Global Fund VIII, L.P., a Delaware limited partnership (“Fund VIII”);
• Miller Global Friends and Family Fund VIII, L.P., a Delaware limited partnership (the “Employee
Fund”) and
• Miller Global Fund IX, L.P., a Delaware limited partnership (“Fund IX”).
The Funds are private real estate funds organized principally to acquire and develop a portfolio of real estate
assets. The Funds are no longer accepting additional capital commitments. The Employee Fund was formed
solely to co-invest in each portfolio investment alongside Fund VIII (at the same time and based on a pre-
determined participation percentage), and the investors in the Employee Fund are generally Miller Global
personnel and former personnel, their family members and/or entities formed for the benefit of those persons.
The Funds are referred to as the Adviser’s “clients.” The formation and organizational documents of the
Funds are referred to herein as the “Fund Documents.”
MP RIA, LLC is principally owned by Myron M. Miller and James H. Miller. Since 2001, affiliates of the
Adviser have served as the investment adviser to the Funds. The Adviser was engaged to act as investment
adviser to the Funds as of March 30, 2012.
The Adviser is the investment adviser to the Funds, each a private real estate fund that invests in real estate
assets, comprised primarily of office buildings and hotels, as well as other real estate assets, located
throughout the United States (each, an “Investment”). The Adviser advises the Funds as to their investment
strategy which typically
includes: (i) acquiring high quality real estate assets, comprised primarily of office
buildings and other real estate assets such as hotels, located in select markets in the United States, that are
intended to create value through cash flow and appreciation; (ii) acquiring assets to which the Adviser
believes it can add value by taking measured risks in the areas of market recovery, leasing, management,
development, renovation, re-capitalization and other market-driven strategies; (iii) focusing on markets that
have significant job growth and/or potential for faster or stronger market recovery than the nation as a whole;
and (iv) focusing on investments that can be pursued on an exclusive or semi-exclusive basis while
maintaining a disciplined investment underwriting process.
Each Fund’s investment objective and/or parameters are set forth in the Fund’s applicable governing
documents provided to each investor.
The Adviser does not tailor its advisory services to the individual needs of investors, and, except for certain
limitations specifically set forth in the Fund Documents, investors may not impose restrictions on investing
in certain securities or types of investments. The Fund Documents set forth each Funds’ investment strategy,
including guidelines regarding the types of securities the Fund will invest in and portfolio limits (if any).
The Adviser (or an affiliate thereof) has and will continue to enter into side letter agreements or other similar
agreements with one or more investors in respect of their Fund investments that provide such investors with
terms different from (and, at times, preferential to) those set forth in the applicable Fund Documents.
As of December 31, 2023, the Adviser managed $113,070,617 of client assets, all on a discretionary basis.