Principal Capital Real Estate Investors LLC (Des Moines)

Name: Principal Capital Real Estate Investors LLC
Address: 801 Grand Ave, Des Moines, IA, 50392
Telephone: 1-800-533-1390

Principal Capital Real Estate Investors LLC is a large advisory firm based in Des Moines. It manages $2.05 billion of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2001.

Principal Capital Real Estate Investors provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.

Principal Capital Real Estate Investors: assets under management

The assets under management (AUM) of Principal Capital Real Estate Investors LLC is $2.05 billion. The firm's AUM has grown by 359% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $264.21 million in discretionary accounts and $1.79 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $44.04 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $255.25 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Principal Capital Real Estate Investors LLC for their services and products based on a percentage of assets under management and fixed 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.

Careers at Principal Capital Real Estate Investors LLC

Randall Craig Mundt joined the executive team most recently as the President And Chief Investment Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Principal Capital Management Llc	Sole member, 100% ownership	1 Sep 1998	75% - 100%	109002
Llc Principal Global Investors	Sole member, 100% ownership	1 Sep 1998	75% - 100%	109002
Patrick Gregory Halter	President - real estate fixed income group	1 Oct 1998	Other	4372565
Gregory Charles Hauser	Chief executive officer	1 Oct 1998	Other	4372550
Steven Kent Graves	Chief operating officer	1 Oct 1998	Other	4372575
Dennis Paul Francis	Board chairman	1 Oct 1998	Other	4343489
Richard W Hibbs	Executive vice president - marketing	1 Oct 1998	Other	874204
Tim Howald	Board member	1 Nov 1998	Other	3070136
Julia Marie Lawler	President - real estate equity group	1 Feb 2000	Other	4372586
Stephen William Pick	Chief financial officer	1 Mar 2000	Other	4372599
Leanne Marie Valentine	Counsel	1 Mar 2001	Other	4380646
Randall Craig Mundt	President and chief investment officer	1 Jan 2002	Other	4372105

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Principal Life Insurance Company	100% owner	1 May 1998	75% - 100%	42-0127290
Inc. Principal Financial Services	100% owner	1 Jul 1998	75% - 100%	42-1476367
Inc. Principal Financial Group	100% owner	1 Jul 1998	75% - 100%	42-1476366
Principal Mutual Holding Company	100% owner	1 Jul 1998	75% - 100%	42-1476365
Principal Life Insurance Company	100% owner	1 Sep 1998	75% - 100%	42-0127290
Inc. Principal Financial Group	100% owner	1 Oct 2001	75% - 100%	42-1520346
Inc. Principal Financial Services	100% owner	1 Oct 2001	75% - 100%	42-1520348

Based in Des Moines

The principal office where Principal Capital Real Estate Investors LLC performs its advisory services is located at 801 Grand Ave, Des Moines, IA 50392, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 1-800-533-1390 or by fax 515-235-9700. The normal business hours are 7:00a.m. - 5:00p.m. on Monday - Friday. You can find more information about the New York firm at www.principalcapital.com.