PRINCIPAL REAL ESTATE

RIASEC RegisteredEst. 1999

Total AUM

$106B

Discretionary

$73.9B

70% of AUM

Avg account

$155M

Accounts

681

Employees

477

Advisory reps

Firm details

Headquarters: DES MOINES, Iowa
CRD number: 109008
Registered since: November 4, 1999
Website: www.principalam.com
Custodians: WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees
Client types: State / Municipal Government38.84%
Insurance Companies27.77%
Investment Companies9.18%
Pension & Profit Sharing Plans8.22%
Banking / Thrift Institutions7.61%
Services: Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Principal Real Estate is organized as a limited liability company and has been registered with the SEC since 1999. The firm functions as a multifaceted fund manager that operates hedge funds and real estate funds while also acting as a sponsor and manager of other pooled investment vehicles. Its client base spans individual and family clients as well as institutional investors. Fee arrangements include asset-based charges, fixed fees, and performance-linked compensation. Advisory services focus on portfolio management across individuals, pooled vehicles, investment companies and institutional/business clients. The firm identifies itself as an active ESG investor. Corporate roles and affiliations extend beyond advisory duties and include broker-dealer activity, CPO/CTA roles, banking/thrift and trust company relationships, insurance company involvement, and sponsor or GP responsibilities for limited partnerships and pooled vehicles. The firm is not positioned primarily as a capital allocator.