Principal Financial Group
Private fund custodian · 48 private funds on SEC Form ADV
Advisers' Form ADV filings name Principal Financial Group as custodian to 48 private funds. It ranks No. 168 of 842 custodians by number of private funds served.
Rankings
Funds served, by type
- Hedge funds26
- Other private funds11
- Private equity funds10
- Securitized asset funds1
Where its clients are
State of the funds' U.S. advisers.
- Minnesota31
- New York7
- New Jersey5
- Texas2
- Colorado2
- Florida1
Where the funds are organized
- United States36
- Cayman Islands12
Private funds that name Principal Financial Group (27 listed here)
Fund
Gross assets
Minimum
Owners
Adviser
Deer Park 1850 Fund, LP
Delaware, United StatesHedge fund
Gross assets$785M
MinimumNone set
Owners6
AdviserDeer Park Road Management Company, LP
SIT Alpha II Bond Fund, LTD.
Cayman IslandsHedge fund
Gross assets$556M
Minimum$1.0M
Owners4
AdviserSIT Fixed Income Advisors II, LLC
3 Points LP
Delaware, United StatesHedge fund
Gross assets$337M
MinimumNone set
Owners6
AdviserDeer Park Road Management Company, LP
SIT Bond Portfolio, L.P.
Delaware, United StatesHedge fund
Gross assets$314M
Minimum$1.0M
Owners18
AdviserSIT Fixed Income Advisors II, LLC
Lincolnshire Equity Fund IV-A, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$295M
Minimum$10.0M
Owners80
AdviserLincolnshire Management, Inc.
Regan Credit Offshore Operating Fund, LP
Cayman IslandsHedge fund
Gross assets$267M
Minimum$1.0M
Owners138
AdviserRegan Capital
Zais Opportunity Master Fund, LTD.
Cayman IslandsHedge fund
Gross assets$241M
Minimum$5.0M
Owners10
AdviserZais Group
Zais Inari Master Fund 2, LTD.
Cayman IslandsHedge fund
Gross assets$99.6M
Minimum$5.0M
Owners1
AdviserZais Group
Lincolnshire Equity Fund III, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$91.0M
Minimum$5.0M
Owners64
AdviserLincolnshire Management, Inc.
SIT Capital Fund, L.P.
Minnesota, United StatesPrivate fund
Gross assets$79.7M
Minimum$1.0M
Owners13
AdviserSIT Investment Associates, Inc
AGH Acquisition Partners, LLC
Delaware, United StatesPrivate equity fund
Gross assets$69.0M
MinimumNone set
Owners15
AdviserMerced Capital, L.P.
SIT Opportunity Bond Fund, LLC
Minnesota, United StatesHedge fund
Gross assets$64.1M
Minimum$1.0M
Owners34
AdviserSIT Fixed Income Advisors II, LLC
Zais Zephyr 10 Master Fund, LTD.
Cayman IslandsHedge fund
Gross assets$60.0M
Minimum$5.0M
Owners6
AdviserZais Group
Regan Enhanced Credit Offshore Operating Fund, LP
Cayman IslandsHedge fund
Gross assets$53.6M
Minimum$1.0M
Owners43
AdviserRegan Capital
SIT Global Fund, LLC
Delaware, United StatesPrivate fund
Gross assets$39.3M
Minimum$1.0M
Owners4
AdviserSIT Investment Associates, Inc
SIT Alpha III Bond Fund, LTD.
Cayman IslandsHedge fund
Gross assets$31.0M
Minimum$1.0M
Owners3
AdviserSIT Fixed Income Advisors II, LLC
SIT Offshore Custom Alpha Fund, SPC - Segregated Portfolio C
Cayman IslandsHedge fund
Gross assets$23.3M
Minimum$1.0M
Owners2
AdviserSIT Fixed Income Advisors II, LLC
SIT Small Cap Fund, LLC
Delaware, United StatesPrivate fund
Gross assets$16.9M
Minimum$1.0M
Owners3
AdviserSIT Investment Associates, Inc
SIT Municipal Opportunity Bond Fund, LLC
Delaware, United StatesHedge fund
Gross assets$15.3M
Minimum$1.0M
Owners9
AdviserSIT Fixed Income Advisors II, LLC
SIT Large Cap Fund, LLC
Delaware, United StatesPrivate fund
Gross assets$11.5M
Minimum$1.0M
Owners4
AdviserSIT Investment Associates, Inc
SIT Pacific Basin Fund, LLC
Delaware, United StatesPrivate fund
Gross assets$10.3M
Minimum$1.0M
Owners6
AdviserSIT Investment Associates, Inc
SIT Offshore Custom Alpha Fund, SPC - Segregated Portfolio a
Cayman IslandsHedge fund
Gross assets$9.5M
Minimum$1.0M
Owners2
AdviserSIT Fixed Income Advisors II, LLC
SIT Minnesota Municipal Bond Fund, LLC
Minnesota, United StatesPrivate fund
Gross assets$7.4M
Minimum$1.0M
Owners5
AdviserSIT Fixed Income Advisors II, LLC
SIT Small Cap Fund II, LLC
Delaware, United StatesPrivate fund
Gross assets$5.5M
Minimum$1.0M
Owners3
AdviserSIT Investment Associates, Inc
Lincolnshire Equity Fund IV, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$1.7M
Minimum$10.0M
Owners11
AdviserLincolnshire Management, Inc.
SIT Offshore Custom Alpha Fund, SPC - Segregated Portfolio B
Cayman IslandsHedge fund
Gross assets$1.6M
Minimum$1.0M
Owners2
AdviserSIT Fixed Income Advisors II, LLC
Lincolnshire Equity Fund II, L.P.
Delaware, United StatesPrivate equity fund
Gross assets$1.1M
Minimum$5.0M
Owners82
AdviserLincolnshire Management, Inc.
21 more funds name Principal Financial Group: feeder funds, single-deal vehicles and funds listed from Form D, shown on their own or their adviser's pages.
Names as filed
Principal Financial Group; Principal Financial Group, Inc.
From SEC filings, not verified. Counts are the number of private funds whose adviser names the firm in that role on Form ADV (Schedule D, Section 7.B.(1)), in the SEC's public Form ADV data through filings made by Dec 26, 2024. A fund can name several firms in the same role. Names are grouped automatically (spelling variants and, for the largest firms, their affiliated entities), which can be incomplete. Rankings count funds only; they do not reflect quality, assets served or fees, and are not a recommendation. Corrections: hello@altmountain.com.