Heitman Capital Management Llc
- Regulatory AUM
- $6.1B
- Discretionary
- $5.2B
- Clients
- 29
- Avg AUM / client
- $210M
- Accounts
- 13
- Employees
- 280
AUM over time
Annual snapshots from Form ADV filings · as of Mar 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Banking or thrift institutions | 1 | — | — |
| Pooled investment vehicles (non-investment companies) | 10 | $4.9B | 80.3% |
| Pension and profit sharing plans | 2 | — | — |
| State or municipal government entities | 12 | $542M | 8.9% |
| Sovereign wealth funds and foreign official institutions | 1 | $622M | 10.2% |
| Corporations and other businesses | 3 | $34.8M | 0.57% |
Private funds (5)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $5.2B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Heitman Core Real Estate Debt Income Trust, L.P. | Hedge Fund | Delaware | $3.9B | 45 |
| Heitman Global Real Estate Partners Ii, Lp | Hedge Fund | Delaware | $713M | 11 |
| Heitman Real Estate Debt Partners Ii, L.P. | Hedge Fund | Delaware | $625M | 7 |
| Red Arrow I, Lp | Real Estate Fund | Delaware | $37.2M | 2 |
| Heitman Real Estate Debt Partners Iii, L.P. | Hedge Fund | Delaware | $0 | 7 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Iam National Pension Fund Board Of Trustees Of The I.A.M. National Pension Fund | 2024 |
People (22)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Ludgin, Mary, Katherine | Senior Managing Director | Dec 1994 (32y) | Less than 5% | |
| Mccarthy, Thomas, Donovan | Manager, Senior Managing Director, And Secretary | Dec 1994 (32y) | Less than 5% | |
| Tognarelli, Maury, Robert | Manager, And President | Jul 1997 (29y) | Less than 5% | |
| Clement, John, Addison | Executive Vice President | Jan 1999 (28y) | Less than 5% | |
| Fawcett, Dwight, Porter | Managing Director | Jan 1999 (28y) | Less than 5% | |
| Ingall, Lewis, Steven | Executive Vice President | Jan 1999 (28y) | Less than 5% | |
| Keane, Blaise, Paul | Executive Vice President | Jan 2002 (25y) | Less than 5% | |
| Black, Gordon, Cary | Executive Vice President | Aug 2004 (22y) | Less than 5% | |
| Leadholm, Gregory, Steven | Executive Vice President | Apr 2007 (19y) | Less than 5% | |
| Maki, David, Russell | Executive Vice President | Jan 2014 (13y) | Less than 5% | |
| Christensen, Lawrence, Joseph | Manager, Chief Financial Officer, Treasurer & Assistant Secretary | Mar 2014 (12y) | Less than 5% | |
| Boss, Jennifer, Lee | Executive Vice President | Mar 2017 (9y) | Less than 5% | |
| Ferrante, Anthony | Executive Vice President | Mar 2017 (9y) | Less than 5% | |
| Pieracci, Brian | Managing Director | Mar 2017 (9y) | Less than 5% | |
| Stamato, Anthony | Chief Legal Officer & Chief Compliance Officer | Apr 2017 (9y) | Less than 5% | |
| Podboy, Timothy | Managing Director | Sep 2019 (7y) | Less than 5% | |
| Lindell, Jonathan, Lynn | Executive Vice President | Dec 2020 (6y) | Less than 5% | |
| Caterina, Richard | Managing Director | Mar 2022 (4y) | Less than 5% | |
| Kelly, Thomas, Patrick | Executive Vice President | Mar 2022 (4y) | Less than 5% | |
| Busko, David | Executive Vice President | Sep 2022 (4y) | Less than 5% | |
| Karamchandi, Ashish | Executive Vice President | Sep 2022 (4y) | Less than 5% | |
| Trench, Michael | Executive Vice President, Co Portfolio Manager | Feb 2023 (4y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Heitman Llc | Sole Member Of Heitman Capital Management Llc | Jul 1980 | A | 75% or more |
| Ke I Llc | Member Of Heitman Llc | Jan 1999 | B | ≈ 56.25% – 100% via Heitman Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Ke I Llc: 75% – 100% of Heitman Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (5, $5.2B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Heitman Core Real Estate Debt Income Trust, L.P. | Hedge Fund | $3.9B | $5.0M | 45 |
| Heitman Global Real Estate Partners Ii, Lp | Hedge Fund | $713M | $5.0M | 11 |
| Heitman Real Estate Debt Partners Ii, L.P. | Hedge Fund | $625M | $5.0M | 7 |
| Red Arrow I, Lp | Real Estate Fund | $37.2M | $0 | 2 |
| Heitman Real Estate Debt Partners Iii, L.P. | Hedge Fund | $0 | $5.0M | 7 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Iam National Pension Fund | Board Of Trustees Of The I.A.M. National Pension Fund | 102,863 | $15.0B | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 3.19 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Performance-based fees
- • Other fees
- • ACQ,DISP,FINANCING, DEVLPMT SUPERVSRY,RE ORIGNATN FEES,SERVICING
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Other services
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 27, 2026.
View current Form ADV (SEC/IAPD) ↗