Principal U.S. Property Fund, LP
Other Private FundFund ID 805-4475282798Delaware, United States
Gross assets
$163.7M
Min. investment
$5M
Beneficial owners
15
Size rank
Top 35%
Audited
Yes
Structure
Master
About this fund
Principal U.S. Property Fund, LP is a other private fund managed by Principal Real Estate Investors, LLC. The fund reports $163.7 million in gross assets, placing it among the top 35% 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 ID | 805-4475282798 |
| Fund type | Other Private Fund — REAL ESTATE |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | Yes |
| Feeder fund | No |
| Fund of funds | Yes |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 100% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Principal Enhanced Property Fund, L.P. | Hedge | $5.15B |
| Principal Data Center Growth & Income Fund, L.P. | Hedge | $1.84B |
| Principal Real Estate Open-End Debt Fund, L.P. | Hedge | $548.9M |
See all 16 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is Principal U.S. Property Fund, LP?
Principal U.S. Property Fund, LP reports $163.7 million in gross assets, among the top 35% of private funds by size.
What is the minimum investment for Principal U.S. Property Fund, LP?
The stated minimum investment is $5 million.
Who manages Principal U.S. Property Fund, LP?
Principal U.S. Property Fund, LP is managed by Principal Real Estate Investors, LLC.
Does Principal U.S. Property Fund, LP disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
P
Des Moines, IA
Service providers
Prime broker
None reported
Custodian
None reported
Administrator
Auditor
Marketer
Reported gross assets
$163.7M▲ 28%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 35%
Larger than 65% of 67,041 private funds
Gross assets vs Other Private FundsTop 31%
Larger than 69% of 8,892 other private funds
Minimum investmentTop 17%
Higher than 83% of funds reporting a minimum
Investor base
Adviser & related persons%
Funds of funds37%
Non-U.S. persons37%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.