Principal Real Estate is an SEC-registered investment adviser based in Des Moines, IA that reports managing 14 hedge funds on Form ADV. It reports $105.6 billion in regulatory assets under management. Its private funds, of all types, hold $8.8 billion in gross assets.
- Regulatory assets under management
- $105.6 billionForm ADV Item 5.F
- Gross assets of private funds
- $8.8 billionAll private fund types, Form ADV
- Hedge funds managed
- 1418 private funds in total
- Employees
- 477Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 109008
- Latest Form ADV
- 08/19/2026Disciplinary disclosures: none reported
Private equity funds filing Form D (3)
Fund
First sale
Raised
Investors
Minimum
Offering
Principal Data Center Growth & Income Fund Employees, L.P.
Des Moines, IAEmerging
First saleNov 2024
Raised$13.1M
Investors43
MinimumNone set
Offering506(b)
PrinCal Principal Member Employees Tranche II, LP
Des Moines, IAEmerging
First saleApr 2026
Raised$1.4M
Investors9
MinimumNone set
Offering506(b)
Principal Data Center Growth & Income Fund (Cayman Parallel), L.P.
Des Moines, IAEmerging
First saleSep 2024
Raised$750K
Investors1
MinimumNone set
Offering506(b)
Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.
From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures