9AT: AII CAPITAL MANAGEMENT, LLC

other names

AII CAPITAL MANAGEMENT, LLC
APARTMENT INCOME INVESTORS

Adviser Profile

As of Date	03/18/2025
ADV Location	MOORPARK, CA, United States
Adviser Type - Large advisory firm
Number of Employees	1
of those in investment advisory functions	1
Registration	SEC, Approved, 11/12/2019
Other registrations (1)	SEC, ERA - Withdrawn, 10/15/2019
Former registrations	AII CAPITAL MANAGEMENT, LLC

AUM^*	120,497,144 -9%
of that, discretionary	4,091,144 -18%
Private Fund GAV^*	4,091,144
Avg Account Size	24,099,429 -15%
SMA’s	No
Private Funds	1
Contact Info	(80 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

Fund Type	Count	GAV
Fund TypeReal Estate Fund	Count1	GAV$4,091,144

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 CORETRUST INVESTMENT MANAGEMENT LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM121.8m	#Funds-
Adviser ALCOVA CAPITAL MANAGEMENT LP	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund17.2m	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV17.2m	AUM189.5m	#Funds1
Adviser COHEN INVESTMENT ADVISORS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund12.7m	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV12.7m	AUM225.6m	#Funds1
Adviser FAIRWAY AMERICA INVESTMENT ADVISORS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM140.7m	#Funds-
Adviser STONEPOINT CAPITAL, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM154.9m	#Funds-
Adviser ADDICUS ADVISORY, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund10.0m	Real Estate Fund124.4m	Securitized Asset Fund-	Venture Capital Fund-	Other Fund24.6m	Total Private Fund GAV158.9m	AUM274.8m	#Funds52
Adviser BLUE MOON CAPITAL MANAGEMENT LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund130.2m	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV130.2m	AUM136.5m	#Funds1
Adviser REDBUD ADVISORS	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM314.7m	#Funds-
Adviser WELLINGS CAPITAL	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund33.3m	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV33.3m	AUM201.9m	#Funds2
Adviser DYCHE WEALTH MANAGEMENT, INC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund40.0m	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV40.0m	AUM141.9m	#Funds12

Brochure Summary

Overview

Aii Capital Management, LLC was formed in October 2014 and is registered with the SEC as an investment adviser with its principal place of business located in Los Angeles, California. The Adviser is the investment adviser and general partner (“General Partner”) to the Transformation Housing Fund, L.P., a private equity real estate fund (the “Fund”). The Adviser also provides non-discretionary investment advisory services to a separately managed accounts (“SMA”) of certain high-net-worth individuals and institutional investors. The Adviser is controlled by Michael Chesser, and Apartment Income Investors, Inc. is an affiliate through common ownership. Advisory Services The firm specializes in identifying investment opportunities in the Class B multifamily real estate market. The Adviser seeks to find value-add opportunities in economic growth markets around the county. The Adviser leverages the management and expertise of its affiliate company Apartment Income Investors, Inc. (“Aii”) which was founded in 1994 to invest in value-add multifamily properties on behalf of its owner and close friends. Over 25 years, Aii has invested in over 70 properties and rehabilitated over 5,000 apartment units. Transformation Housing Fund, L.P. The Adviser currently serves as the investment adviser and general partner

to the Transformation Housing Fund, L.P. a private equity real estate fund. The Fund seeks to invest a limited number of income- producing Class B multifamily properties with asset values of $3 million to $40 million and an initial equity requirement of $1 to $10 million. The Fund focuses on properties in growing U.S. cities west of the Mississippi, with diverse sources of employment and sustainable demand for quality multifamily housing. Assets Under Management (AUM) As of December 31, 2023, the firm has $128,816,000 of non-discretionary assets under management (“AUM”) and $ 3,977,986 of discretionary AUM with total AUM of $132,793,986. Wrap Fee Programs The firm only provides advisory services to the Fund and certain separately managed accounts and does not sponsor or manage any wrap fee programs or offer any other advisory services. Important Additional Considerations The information provided herein summarizes detailed information provided by investment advisory agreements and the Fund’s offering documents. Current and prospective investors should be aware of the substantial risks associated with such investments as well as the terms applicable to such investments. This and other detailed information are provided in the applicable investment advisory agreements and Fund offering documents.

AII CAPITAL MANAGEMENT, LLC

Related Companies

Adviser Profile

Details

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Private Funds Structure

Similar advisers

Brochure Summary

Overview