ACRES

RIASEC RegisteredEst. 2015
Total AUM
$4.4B
Discretionary
$4.3B
97% of AUM
Avg account
$399M
Accounts
11
Employees
40
Advisory reps
7

Firm details

Headquarters
UNIONDALE, New York
CRD number
281190
Registered since
October 20, 2015
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

FINTRX

Overview

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

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Other 100%100%
  • Other100%

Owners & executives

3 of 4
  • Richard Persaud

    Chief Financial OfficerCRD 7349948

  • MARK FOGEL

    President, Chief Executive OfficerCRD 6550222

  • JACLYN JESBERGER

    Chief Legal Officer and SecretaryCRD 4776262

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Contacts

3 of 3
  • ANDREW FENTRESS

    Managing PartnerCRD 2759511

  • GREGORY HAYES

    Managing Director, Asset ManagementCRD 4353140

  • MARTIN REASONER

    Managing PartnerCRD 6550231

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

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Recent filings

FINTRX

Awards

FINTRX

Location

Primary office

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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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth