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Calmwater Real Estate Credit Fund IV, LP

Real Estate FundFund ID 805-8466019432Delaware, United States
Gross assets
$497.1M
Min. investment
$5M
Beneficial owners
28
Size rank
Top 16%
Audited
Yes
Structure
Feeder

About this fund

Calmwater Real Estate Credit Fund IV, LP is a real estate fund managed by Calmwater Asset Management, LLC. The fund reports $497.1 million in gross assets, placing it among the top 16% of private funds by size. The stated minimum investment is $5 million. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.

Fund details

Fund ID805-8466019432
Fund typeReal Estate Fund
3(c)(1) exclusionNo
3(c)(7) exclusionYes
Master fundNo
Feeder fundYes
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
% of assets independently valued0%

Other funds from this manager

FundTypeGross assets
U.S. Real Estate Credit Fund III, LPReal Estate$106.4M
U.S. Real Estate Credit Minimaster Fund III, LPReal Estate$104.1M
Calmwater Real Estate Credit Fund IV (pf), LPReal Estate$58.3M
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Frequently asked questions

How large is Calmwater Real Estate Credit Fund IV, LP?

Calmwater Real Estate Credit Fund IV, LP reports $497.1 million in gross assets, among the top 16% of private funds by size.

What is the minimum investment for Calmwater Real Estate Credit Fund IV, LP?

The stated minimum investment is $5 million.

Who manages Calmwater Real Estate Credit Fund IV, LP?

Calmwater Real Estate Credit Fund IV, LP is managed by Calmwater Asset Management, LLC.

Does Calmwater Real Estate Credit Fund IV, LP disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Manager

Service providers

Prime broker
None reported
Auditor

Reported gross assets

$497.1M▼ 20%
Mar '25 — $618.8MApr '25 — $618.8MMay '25 — $618.8MJun '25 — $618.8MJul '25 — $618.8MAug '25 — $618.8MSep '25 — $618.8MOct '25 — $618.8MNov '25 — $618.8MDec '25 — $618.8MJan '26 — $618.8MFeb '26 — $618.8MMar '26 — $497.1MApr '26 — $497.1MMay '26 — $497.1MJun '26 — $497.1M
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 16%
Larger than 84% of 67,041 private funds
Gross assets vs Real Estate FundsTop 11%
Larger than 89% of 5,814 real estate funds
Minimum investmentTop 17%
Higher than 83% of funds reporting a minimum

Investor base

Adviser & related persons46%
Funds of funds%
Non-U.S. persons3%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.