9AT: ACORE CAPITAL, LP

other names

ACORE CAPITAL, LP

Adviser Profile

As of Date	04/02/2025
Registration	SEC, Approved, 04/22/2015
ADV Location	SAN FRANCISCO, CA, United States
Contact Info	(41 xxxxxxx
Websites

AUM^*	19,115,416,925 -5%
of that, discretionary	6,509,507,818 4%
Private Fund GAV^*	2,336,623,829 -10%
Avg Account Size	616,626,352 -26%
SMA’s	Yes
Private Funds	29 8

Adviser Type

- Large advisory firm

Number of Employees 124 -2%

of those in investment advisory functions 81 -33%

Client Types

- Pooled investment vehicles
- Other investment advisers
- Insurance companies

Advisory Activities

- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

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

Accounting Firm Name	Filing Date	Form ADV-E
Accounting Firm Name ASHLAND PARTNERS AND COMPANY LLP	Filing Date08/18/2025	Form ADV-E View Report
Accounting Firm Name ASHLAND PARTNERS AND COMPANY LLP	Filing Date10/17/2024	Form ADV-E View Report
Accounting Firm Name ASHLAND PARTNERS AND COMPANY LLP	Filing Date09/27/2023	Form ADV-E View Report
Accounting Firm Name ASHLAND PARTNERS AND COMPANY LLP	Filing Date08/29/2022	Form ADV-E View Report

SEC Fund Type	Count	GAV
Fund TypeReal Estate Fund	Count19	GAV$2,336,623,829
Fund TypeOther Private Fund	Count10	GAV$

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 FAIRVIEW PARTNERS INVESTMENT MANAGEMENT LLC	Hedge Fund26.7m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund268.3m	Securitized Asset Fund-	Venture Capital Fund-	Other Fund155.2m	Total Private Fund GAV450.1m	AUM266.5m	#Funds13
Adviser SAG HARBOR CAPITAL MANAGEMENT, LLC	Hedge Fund442.2m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund13.0m	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV455.2m	AUM455.2m	#Funds2
Adviser CITYVIEW MANAGEMENT SERVICES, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund1.1b	Securitized Asset Fund-	Venture Capital Fund-	Other Fund76.2m	Total Private Fund GAV1.2b	AUM1.1b	#Funds9
Adviser ARES COMMERCIAL REAL ESTATE MANAGEMENT LLC	Hedge Fund5.0b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund1.6b	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV6.6b	AUM27.1b	#Funds5
Adviser MENLO EQUITIES	Hedge Fund1.8b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund699.7m	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV2.5b	AUM4.5b	#Funds5
Adviser HAMMES REALTY ADVISORS, LLC	Hedge Fund537.2m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund1.5b	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV2.0b	AUM1.8b	#Funds7
Adviser VISION BRAZIL INVESTMENTS	Hedge Fund13.0m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund134.2m	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV147.2m	AUM-	#Funds13
Adviser BLACKSTONE PROPERTY ADVISORS L.P.	Hedge Fund36.0b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund19.9b	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV55.9b	AUM73.6b	#Funds79
Adviser PGIM PRIVATE ALTERNATIVES (UK) LIMITED	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund284.2m	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV284.2m	AUM4.4b	#Funds4
Adviser TISHMAN CAPITAL PARTNERS	Hedge Fund343.9m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund271.4m	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV615.4m	AUM971.9m	#Funds7

Brochure Summary

Overview

ACORE Capital, LP (“ACORE”) is a Delaware limited partnership and a registered investment adviser that began operations in April 2015. ACORE provides investment advisory services to its clients with respect to real estate debt and securities investments, which include separately managed accounts (“Separate Accounts”) and private investment funds (each an “ACORE Fund”, and together with “Separate Accounts”, each a “Client” and collectively, the “Clients”). ACORE is controlled by ACORE Capital GP, LLC, its general partner, which, in turn, is controlled by a seven-member board of directors (the “Board”). ACORE’s day-to-day investment management activities are undertaken by its principals (the “Principals”). ACORE provides discretionary and non-discretionary investment advice to Clients for which it primarily originates, acquires and manages commercial real estate loans and securities and other commercial real estate-related debt investments. ACORE’s investment advisory services to its Clients consist of identifying and evaluating investment opportunities, negotiating, managing, financing and monitoring investments, and achieving dispositions for such investments. ACORE’s investment advisory services to each Client are tailored in accordance with such Client’s investment strategy as set forth in the applicable private placement

memorandum (or other applicable disclosure documents), partnership agreement or declaration of trust (or similar governing document) and/or investment management agreement (each a “Governing Document”, and collectively, the “Governing Documents”). ACORE’s advisory services are further described below under Item 8 “Methods of Analysis, Investment Strategies and Risk of Loss.” All investors in the ACORE Funds participate in the overall investment program for the applicable ACORE Fund, but in certain cases, investors may be excused or excluded from a particular investment due to legal, regulatory or other applicable constraints. ACORE has entered into other written agreements (“Side Letters”), subject to any applicable requirements or limitations in the respective Governing Documents, with certain ACORE Fund investors that have the effect of establishing, supplementing or altering rights under the applicable Governing Documents or an investor’s subscription agreement. Separate Account Clients negotiate the terms of their investments on a case-by-case basis. As of December 31, 2023, ACORE has $20,108,824,063 in regulatory assets under management. Regulatory assets under management consist of $6,241,434,920 of discretionary assets under management and $13,867,389,143of non-discretionary assets under management.

ACORE CAPITAL, LP

Adviser Profile

Details

Adviser Type

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Form ADV-E Surprise Examination Reports

Private Funds Structure

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Brochure Summary

Overview