Madison International Realty Holdings, Llc
- Regulatory AUM
- $6.3B
- Discretionary
- $5.0B
- Clients
- 26
- Avg AUM / client
- $243M
- Accounts
- 33
- Employees
- 62
AUM over time
Annual snapshots from Form ADV filings · as of Jul 08, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 26 | $4.4B | 70.3% |
| Pension and profit sharing plans | Fewer than 5 | $37.2M | 0.59% |
| State or municipal government entities | Fewer than 5 | $438M | 6.95% |
| Other investment advisers | Fewer than 5 | $286M | 4.53% |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $1.1B | 17.6% |
Private funds (21)
View all →Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $5.4B combined gross assets
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Dickerman, Ronald, Mark | President | Apr 2002 (24y) | ≈ 56.25% – 100% via Madison International Realty Partners, Lp | |
| Flaherty, Carey, Joseph | Chief Investment Officer | May 2010 (16y) | Less than 5% | |
| Hecht, Yehuda | Chief Financial Officer | Oct 2010 (16y) | Less than 5% | |
| Schein, Mark, David | Chief Operating Officer, And General Counsel | Apr 2023 (3y) | Less than 5% | |
| Morizio, Emidio | Chief Compliance Officer | Aug 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Madison International Realty Partners, Lp | Madison International Realty Partners, Lp | Jun 2019 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Dickerman, Ronald, Mark: 75% – 100% of Madison International Realty Partners, Lp × 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 (21, $5.4B gross assets)
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 07/08/2026 | 9.22 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
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Reported custodians
- Citibank $27.7M (0% of AUM) Jun 2021
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 08, 2026.
View current Form ADV (SEC/IAPD) ↗