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Real Estate Investment Firms / RELATED FUND MANAGEMENT, LLC
SEC Form ADV profile

RELATED FUND MANAGEMENT, LLC

Real estate private fund disclosures for an investment manager based in NEW YORK, NY. Latest included filing submitted 2026-03-31.

$14 billionreported non-feeder gross assets
40reported real estate funds
40funds not marked fund-of-funds
100%report an annual audit

What the filing shows

RELATED FUND MANAGEMENT, LLC reports 40 U.S.-organized real estate funds and 40 real estate funds across all reported jurisdictions. None are marked as fund-of-funds.

Positive minimum commitments reported across these funds range from $250 thousand to $10.0 million. That figure is what a fund reports routinely requiring from outside fund investors. It is not the manager's property investment check size.

Reported real estate funds

Sorted by gross asset value. Gross assets are reported by the manager and can overlap across master, feeder, parallel, and related fund structures.

FundOrganizedGross assetsInvestor minimumOwnersAnnual audit
RELATED REAL ESTATE FUND III, L.P.805-3709433477 · MasterDelaware$2.1 billion$10.0 million105Yes
RFM CACTUS APARTMENTS, LLC805-9827805185 · MasterDelaware$1.9 billionNot reported2Yes
RELATED REAL ESTATE FUND IV L.P.805-2884790136 · MasterDelaware$1.5 billion$10.0 million53Yes
RFM CACTUS HOLDING COMPANY, LLC805-5601555986Delaware$1.3 billionNot reported1Yes
RFM CACTUS NYSS LLC805-8316786846Delaware$772 millionNot reported2Yes
RELATED REAL ESTATE DEBT FUND IV, LP805-6120259238 · MasterDelaware$604 million$10.0 million16Yes
RELATED REAL ESTATE DEBT FUND (CAYMAN) IV, LP805-4779664361 · MasterDelaware$584 million$10.0 million24Yes
RFM CACTUS PE FUND I LLC805-4871891710Delaware$516 millionNot reported1Yes
RFM-NYSCRF AFFORDABLE HOUSING FUND L.P.805-1626883801 · MasterDelaware$418 millionNot reported2Yes
RELATED REAL ESTATE FUND II L.P.805-4640172326 · MasterDelaware$381 million$10.0 million70Yes
CORE RE STRATEGIES I LLC805-7834051337 · MasterDelaware$363 millionNot reported3Yes
RFM-DCA PE 2 LLC805-5095394346 · MasterDelaware$355 millionNot reported2Yes
RFM AFFORDABLE HOUSING FUND LP805-3163038707 · MasterDelaware$293 million$10.0 million9Yes
RFM-VF MULTIFAMILY CORE+ 2, LLC805-9315063158 · MasterDelaware$272 millionNot reported3Yes
CORE RE STRATEGIES II LLC805-7769834715 · MasterDelaware$263 millionNot reported2Yes
RELATED OPPORTUNITY ZONE FUND II, LP805-4504491540Delaware$252 million$250 thousand191Yes
RFM PVR, LLC805-3509507879Delaware$238 millionNot reported1Yes
RFM LEAD CREDIT SMA LLC805-2097779606 · MasterDelaware$208 millionNot reported2Yes
RELATED OPPORTUNITY ZONE FUND, LP805-3263560564 · MasterDelaware$204 million$250 thousand101Yes
KMA RFM OC LENDER LLC805-3880945170Delaware$183 millionNot reported2Yes
RREF IV MAPLE LEAF CO-INVEST-L, L.P.805-3639783606Delaware$140 millionNot reported6Yes
RFM CRE, LP805-3745172798Delaware$109 millionNot reported2Yes
RELATED REAL ESTATE DEBT FUND, L.P.805-4468673255 · MasterDelaware$107 million$10.0 million6Yes
RDF IV WAM CO-INVESTMENT FUND, LP805-7688695527 · MasterDelaware$105 million$10.0 million7Yes
RHRE DEBT FUND IV CO-INVESTMENT FUND, LP805-8988363858Delaware$102 million$10.0 million1Yes
RFM-VF MULTIFAMILY CORE+ LLC805-1214291383 · MasterDelaware$91.4 millionNot reported2Yes
UNIVERSE R.E., LLC805-5205292207Delaware$81.6 millionNot reported2Yes
RELATED UBC OPPORTUNITY FUND, LP805-8479581805Delaware$81.5 million$5.0 million5Yes
RFM-VOGO CHERRY STREET LP805-7770020738Delaware$76.5 millionNot reported1Yes
RELATED REAL ESTATE DEBT FUND (CAYMAN), LP805-2674489684Delaware$73.0 million$10.0 million11Yes
RELATED OPPORTUNITY ZONE FUND III, LP805-4639241501Delaware$72.9 million$250 thousand103Yes
NYC SIGCRE23 FUND LP805-8113671491Delaware$57.9 million$10.0 million1Yes
RELATED OPPORTUNITIES CO-INVEST-W, L.P.805-6279637087Delaware$52.6 million$10.0 million2Yes
RFM-NEC MA, LLC805-9944392519Delaware$32.4 millionNot reported2Yes
2 SOUTH MAIN QUALIFIED OPPORTUNITY FUND LLC805-9773973335Delaware$30.2 millionNot reported2Yes
RFM AFFORDABLE HOUSING FUND CO-INVESTMENT I, L.P.805-7569242656Delaware$14.0 million$10.0 million3Yes
KVR-2 LLC805-5434420220Delaware$12.6 millionNot reported1Yes
RFM-NYCRS SANDY LLC805-7623240047Delaware$5.7 millionNot reported2Yes
RELATED M CO-INVESTMENT FUNDING LP805-1289779999Delaware$5.2 millionNot reported1Yes
RFM ISQ CO-INVEST, LP805-4792755660Delaware$4.6 millionNot reported1Yes

Source and limits

Source: SEC Investment Adviser Public Disclosure, Form ADV. Firm status checked 2026-08-20. Fund detail through 2026-07-31. CRD 156543, SEC 801-74288.

Form ADV is a regulatory disclosure, not a live deal mandate. It does not report property type, target geography, current fundraising status, available capital, or whether a manager accepts unsolicited proposals. Contact the firm and review current offering documents before relying on any figure.

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Educational only. Not financial, legal, investment, or tax advice. Big Brain Funding is not an investment adviser, broker-dealer, placement agent, lender, or broker of record. This profile is not an endorsement, recommendation, securities offering, or statement that the firm is available for a transaction.