Private Market View

PRINCIPAL REAL ESTATE

Hedge fund · DES MOINES, IA

AUM
$16.3B
Portfolio companies
Recorded deals
Last investment

Key facts

  • PRINCIPAL REAL ESTATE is a hedge fund based in DES MOINES, IA.
  • PRINCIPAL REAL ESTATE has 8 funds on record, raising $2.3B across the 7 that report a size.
  • PRINCIPAL REAL ESTATE reports $16.3B in regulatory assets under management across 18 private funds, per its SEC Form ADV (2026-03).

Registered with the SEC

Form ADV · 2026-03 · CRD 109008
Regulatory AUM
$16.3B
Private fund assets
$8.8B
Private funds
18 · 13 hedge, 4 other
Staff
477
Registered office
DES MOINES, IA
SEC status
Approved

Reports custody of client assets.

Source: SEC Investment Adviser Public Disclosure, Form ADV (registered as PRINCIPAL REAL ESTATE INVESTORS, LLC).

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Portfolio

Portfolio — not yet on record

No portfolio companies for PRINCIPAL REAL ESTATE are on record yet. Positions surface from round participations, filings, and coverage.

Pro members can request priority coverage with a 48-hour turnaround.

Funds

6 of 8 recorded
  • Principal Real Estate Open-End Debt Fund, L.P.2023$256.0M
  • PRINCIPAL REAL ESTATE LIQUID DEBT FUND, LP2020$234.1M
  • Principal Real Estate Debt Fund III, LP2019$413.1M
  • Principal Real Estate Debt Fund Employees III, LLC2019$915K
  • PRINCIPAL REAL ESTATE PARTICIPATING LOAN FUND, LLC2018$307.7M
  • Principal Real Estate Debt Fund Employees II, LLC2016

$2.3B raised across the 7 funds that report a size

All 8 funds →

Frequently asked

What is PRINCIPAL REAL ESTATE's AUM?
PRINCIPAL REAL ESTATE manages approximately $16.3B in assets.