ACRES
Firm details
- Headquarters
- UNIONDALE, New York
- CRD number
- 281190
- Registered since
- October 20, 2015
- Website
- acrescap.com
- Fee structure
- Percentage of AUM, Fixed Fees, Performance Based Fees
- Client types
- Pooled Investment Vehicles97.17%
- Insurance Companies1.52%
- Pension & Profit Sharing Plans0.67%
- Other Investment Advisers0.64%
- Services
- Portfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients
Firm profile
FINTRXOverview
Acres is a limited liability company that focuses on managing real estate-focused pooled vehicles for institutional clients. Registered with the SEC in 2015, the firm provides portfolio management for pooled investment vehicles and for businesses or institutions. Its business model blends advisory and sponsor roles — Acres operates as an investment adviser, acts as a real estate broker in support of transactions, and serves as sponsor, general partner or managing member of pooled vehicles it advises. Fee arrangements for institutional clients are a mix of asset-based fees, fixed fees and performance-based fees, reflecting a traditional private fund manager structure. The firm is not positioned as a broad capital allocator to third-party managers; rather, it runs its own real estate fund activity and related credit exposures. Acres does not identify as an active ESG investor and is organized as a domestic entity/individual owner type.
Assets & Accounts
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Other100%
Owners & executives
3 of 4Richard Persaud
Chief Financial OfficerCRD 7349948
MARK FOGEL
President, Chief Executive OfficerCRD 6550222
JACLYN JESBERGER
Chief Legal Officer and SecretaryCRD 4776262
Contacts
3 of 3ANDREW FENTRESS
Managing PartnerCRD 2759511
GREGORY HAYES
Managing Director, Asset ManagementCRD 4353140
MARTIN REASONER
Managing PartnerCRD 6550231
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXLocation
UNIONDALE, NY
NASSAU
Location
UNIONDALE, NY
Headquartered in UNIONDALE, NY, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.
- Metro area
- New York-Newark, NY-NJ-CT-PA
- Region
- Northeast
- County
- NASSAU
- Address
- 390 Rxr Plz
- Time zone
- ET (UTC-5)
- Office locations
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