Prep Investment Advisers, L.L.C.
● SEC registered since 2022CRD 296631SEC# 801-126231Chicago, IL
Ranks #2,234 of 6,004 private fund managers by regulatory AUM.
Reg. AUM
$1.91B
Fund GAV
$1.55B
Private funds
5
Employees
34
Accounts
5
Location
Chicago, IL
Prep Investment Advisers, L.L.C. assets under management
Prep Investment Advisers, L.L.C. is a registered investment adviser overseen by the SEC based in Chicago, IL. The firm has been registered since 2022. It reports $1.9 billion in regulatory assets under management and employs 34 people. Prep Investment Advisers, L.L.C. manages 5 private funds with combined gross assets of $1.6 billion, including Pearlmark Equity Partners II, L.P. By regulatory assets, it ranks 2,234 of 6,004 private fund managers.
Prep Investment Advisers, L.L.C. private funds
5 funds · $1.55B GAV| Fund | Type | Gross assets | Min. |
|---|---|---|---|
| Pearlmark Equity Partners II, L.P. | Real Estate | $527.6M | $5M |
| Pearlmark Realty Senior Mortgage Partners I, L.P. | Real Estate | $450.3M | $5M |
| Pearlmark Mezzanine Realty Partners VI, L.P. | Real Estate | $389M | $5M |
See all 5 funds — unlock the full record.
Join to unlock · $37/moPrep Investment Advisers, L.L.C. owners & executives
12 reported| Name | Title | Ownership | Since |
|---|---|---|---|
| Aldo Mazzocco Control | Boardmember | Under 5% | 2024 |
| Douglas Wechsler Lyons Control | Managing Principal | Under 5% | 2014 |
| Jung Won Lee Control | Chair Of The Board | Under 5% | 2024 |
See all 12 owners & executives — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How much does Prep Investment Advisers, L.L.C. manage?
Prep Investment Advisers, L.L.C. reports $1.9 billion in regulatory assets under management on its Form ADV.
How many private funds does Prep Investment Advisers, L.L.C. manage?
Prep Investment Advisers, L.L.C. manages 5 private funds with combined gross assets of $1.6 billion.
How many employees does Prep Investment Advisers, L.L.C. have?
Prep Investment Advisers, L.L.C. reports 34 employees.
Where is Prep Investment Advisers, L.L.C. located?
Prep Investment Advisers, L.L.C. is based in Chicago, IL and has been SEC-registered since 2022.
Does Prep Investment Advisers, L.L.C. disclose fund performance?
Prep Investment Advisers, L.L.C. is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.
Contact & registration
| Address | 200 West Madison Street # 2800, Chicago, IL 60606-3417 |
| Phone | 312-499-1952 |
| Fax | 312-499-1901 |
| Office hours | 8:30-5:30 |
| SEC region | Chicago Regional Office (CHRO) |
| Discloses disciplinary history | No |
Regulatory AUM
$1.91B▲ 83%
Mar '25Form ADV, monthlyJun '26
How this firm compares
Regulatory AUMTop 23%
Larger than 77% of 16,271 advisers
AUM vs fund managersTop 37%
Larger than 63% of 6,004 private-fund managers
Number of fundsTop 40%
More funds than 60% of fund managers
EmployeesTop 16%
More than 84% of 16,825 advisers
Assets under management
$1.91Bregulatory AUM
Discretionary $1.91B