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Adviser Profile

As of Date 03/28/2024
Adviser Type - Large advisory firm
Number of Employees 39 30.00%
of those in investment advisory functions 20 33.33%
Registration SEC, Approved, 5/16/2013
AUM* 5,202,946,082 8.49%
of that, discretionary 5,202,946,082 8.49%
Private Fund GAV* 5,202,946,083 5.45%
Avg Account Size 179,411,934 8.49%
SMA’s No
Private Funds 11
Contact Info 212 xxxxxxx
Websites

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

Recent News

Reported AUM

Discretionary
Non-discretionary
5B 4B 3B 3B 2B 1B 685M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count10 GAV$4,361,512,168
Fund TypeReal Estate Fund Count1 GAV$841,433,915

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Brochure Summary

Overview

A. The Adviser is a Delaware limited partnership that was formed in January 2013. We have offices located in New York, Luxembourg, London, Amsterdam and Cologne. The Adviser is owned by its partners, Edward V. LaPuma, Bryan York Colwell, Thomas R. Wall and Joshua Leventhal. Mr. LaPuma has a controlling interest in the Adviser. B. The Adviser provides discretionary investment advice to: LCN European Fund II, SLP, LCN European Fund III (GRI) SLP, LCN European Fund III (GRI-INSCO) SLP, LCN European Fund III SLP, LCN European Fund FCP-SIF, LCN North American Fund, L.P., LCN North American Fund II, L.P., LCN North American Fund III, L.P., LCN Sterling Fund L.P., LCN European Fund IV SLP, and LCN Core Income Fund, L.P., (collectively with all feeder funds, the “Funds”). The Funds invest in sale-leaseback transactions (See Item 8 "Methods of Analysis, Investment Strategies and Risk of Loss") C. Our investment decisions and advice with respect to each Fund are subject to each Fund's investment objectives and guidelines, as set forth in its respective offering documents. The descriptions set forth in this Brochure of specific advisory services that we offer to our clients, and investment strategies pursued and investments made by us on behalf of our clients, should not be understood to limit in any way our investment activities. We may offer any advisory services, engage in any investment strategy and make any investment, including any not
described in this Brochure, that we consider appropriate, subject to each client's investment objectives and guidelines. The investment strategies we pursue are speculative and entail substantial risks. Clients should be prepared to bear a substantial loss of capital. There can be no assurance that the investment objectives of any client will be achieved. This Brochure does not constitute an offer to sell or solicitation of an offer to buy any securities. The securities of the Funds are offered and sold on a private placement basis under exemptions promulgated under the Securities Act of 1933 and other applicable state, federal or non-U.S. laws. Significant suitability requirements apply to prospective investors in the Funds, including requirements that they be "accredited investors" as defined in Regulation D, "qualified purchasers" as defined in the Investment Company Act, or non-“U.S. Persons” as defined in Regulation S. Persons reviewing this Brochure should not construe this as an offer to sell or a solicitation of an offer to buy the securities of any of the Funds described herein. Any such offer or solicitation will be made only by means of a confidential private placement memorandum. D. The Adviser or its affiliates does not currently participate in wrap fee programs. E. As of December 31, 2023, the Adviser managed $5,202,946,082 in regulatory assets under management in the Funds, each of which are managed on a discretionary basis.