Artemis Real Estate Partners, LLC (Chevy Chase)

Name: Artemis Real Estate Partners, LLC
Address: 5404 Wisconsin Avenue, Chevy Chase, MD, 20815
Telephone: 240-235-2022

Artemis Real Estate Partners, LLC is a large advisory firm based in Chevy Chase. It manages $3.52 billion of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Delaware, Georgia, Maryland, and New York.

Artemis Real Estate Partners provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Artemis Real Estate Partners: assets under management

The assets under management (AUM) of Artemis Real Estate Partners, LLC is $3.52 billion. The firm's AUM has grown by 376% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.38 billion in discretionary accounts and $1.14 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $340.04 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $190.24 million.

Artemis Real Estate Partners has custody of $1.14 billion in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Artemis Real Estate Partners, LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Penny Pritzker serves?

The only and largest group of clients of Penny Pritzker is pooled investment vehicles with 13 clients and $3.52 billion of assets under management. Among the 7 most similar advisory firms, Artemis Real Estate Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.52 billion for 13 clients. None of the firm’s clients are foreign persons or businesses.

Artemis Real Estate Partners also advises several private funds. Namely, thirteen real estate funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Artemis Real Estate Partners, LLC

The company employs 37 people that are either part- or full-time employees. 73 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Penny Pritzker has been acting as President since 1 Sep 2009. Llc Artemis Real Estate Partners Executive Holdings joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Dlh	Member	1 Sep 2009	25% - 50%	27-3176259
L.L.C. Arep Investors	Member	1 Sep 2009	25% - 50%	27-0834294
Bradley Berkley	Chief financial officer	1 Sep 2009	Other	6022932
Deborah Lynn Harmon	Chief executive officer	1 Sep 2009	Other	5062552
Llc Dlh Capital	Member	1 Sep 2009	25% - 50%	27-3176259
Penny Pritzker	Chairman	1 Sep 2009	Other	6022939
Diana C Liu	Chief compliance officer & general counsel	1 Mar 2010	Other	6022927
Alison Tattersall Hawkins	Marketing principal	1 May 2010	Other	5274472
Alexander Parish Gilbert	Member & president	1 Jan 2011	Other	2974230
Daniel Mark Tangherlini	Chief operating officer	1 Mar 2015	Other	6472367
Llc Artemis Real Estate Partners Executive Holdings	Member	1 Dec 2016	Other	81-4572338

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Horton Trust Company Llc	Trustee	1 Jun 2008	Other	45-4024479
F.L.P. Trust 19m2	Member	1 Jun 2008	75% - 100%	37-6426003
Llc P19m2 Investors	Member	1 Aug 2008	75% - 100%	26-3312571
Deborah Lynn Harmon	Member	1 Aug 2010	75% - 100%	5062552
F.L.P. Trust 19	Member, surviving entity by merger with f.l.p. trust 19m2	1 Jan 2015	75% - 100%	36-6043193
Alison Tattersall Hawkins	Member	1 Dec 2016	25% - 50%	5274472
Richard Joseph Banjo	Member	1 Dec 2016	25% - 50%	4352321

Based in Chevy Chase

The principal office where Artemis Real Estate Partners, LLC performs its advisory services is located at 5404 Wisconsin Avenue, Chevy Chase, MD 20815, which is also the mailing address of the firm. An additional office of the firm is in Los Angeles, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 240-235-2022 or by fax 240-752-8726. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at artemisrep.com and its LinkedIn profile.