Manager · SEC CRD 157210
Gem Realty
Real Assets
Funds with performance
4
LP investors
7
Public LPs disclosing at least one fund
SEC regulatory AUM
$6.28B
As of 2026-10-29
The franchise by vintage
Funds disclosed by public LPs, by strategy and vintage year. Dot area is the number of funds raised that year.
Funds
Funds managed by Gem Realty
Fund Name | Strategy | Sub-Strategy | Geography | Vintage | IRR | TVPI | DPI | As-of Date | Gross AUM | LPs |
|---|---|---|---|---|---|---|---|---|---|---|
| GEM REALTY FUND V LP | Real Assets | Real Estate Equity | North America | 2013 | 0.4–0.9% | 1.02–1.04x | 0.88–0.90x | 2026-03-31 | $883.5M | 3 |
| GEM Realty Fund VI | Real Assets | Real Estate Equity | North America | 2017 | 8.6–8.9% | 1.26–1.29x | 0.78x | 2026-03-31 | $1.54B | 3 |
| GEM REALTY FUND VII LP | Real Assets | Real Estate Equity | North America | 2022 | 1.9% | 1.03x | 0.00x | 2026-03-31 | $953.9M | 3 |
| Gemspring Capital Fund III, LP | Real Assets | Real Estate Equity | North America | 2023 | 6.7% | 1.09x | 0.01x | 2026-06-30 | $1.99B | 2 |
LP Investors
Limited partners invested in Gem Realty funds
| LP Name | Type | Location | Funds Invested |
|---|---|---|---|
| Kavli Foundation | foundation | — | 2 |
| Andrew W. Mellon Foundation | foundation | — | 1 |
| South Carolina Retirement System Investment Commission | public_pension | SC | 1 |
| University of Texas Investment Management Company | public_pension | TX | 3 |
| Employees' Retirement System of Rhode Island | public_pension | RI | 3 |
| District of Columbia Retirement Board | public_pension | DC | 3 |
| Texas Municipal Retirement System | public_pension | TX | 1 |