Lem Capital, L.P.
- Regulatory AUM
- $661M
- Discretionary
- $661M
- Clients
- 2
- Avg AUM / client
- $331M
- Accounts
- 2
- Employees
- 21
AUM over time
Annual snapshots from Form ADV filings · as of Jun 08, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 2 | $661M | 100.0% |
Private funds (2)
Reported in Form ADV Section 7.B.(1), filing of Dec 2024 · $684M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Lem Multifamily Fund Vi, L.P. | Real Estate Fund | Delaware | $393M | 194 |
| Lem Multifamily Fund V, L.P. | Real Estate Fund | Delaware | $291M | 86 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Ibt Consolidated Pension Plan Bd Of Trustees Of Ibt Consolidated Pension Fund | Seattle, WA | 2024 |
People (8)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Eisner, Jay, Joel | Limited Partner | Apr 2002 (24y) | 25% – 50% | |
| Miller, Jr., Herbert, Lohrman | Limited Partner | Apr 2002 (24y) | 25% – 50% | |
| Lubert, Ira, Mark | Limited Partner | Dec 2020 (6y) | 10% – 25% | |
| Bradshaw, Allison, Ruth | Partner | Jan 2021 (6y) | 5% – 10% | |
| Walsh, Julianne, Maria | Chief Compliance Officer | May 2021 (5y) | Less than 5% | |
| Biester, Gregory, Thomas | Partner | Jan 2022 (5y) | 5% – 10% | |
| Clausen, Jennifer, Erin | Partner | Jan 2022 (5y) | 5% – 10% | |
| Dilemme, Steven, James | Chief Accounting Officer | Jan 2023 (4y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Lem Management Gp, Llc | General Partner | Apr 2002 | A | Less than 5% |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
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 (2, $684M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Lem Multifamily Fund Vi, L.P. | Real Estate Fund | $393M | $5.0M | 194 |
| Lem Multifamily Fund V, L.P. | Real Estate Fund | $291M | $5.0M | 86 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Ibt Consolidated Pension Plan | Bd Of Trustees Of Ibt Consolidated Pension Fund | 3,457 | $180M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/08/2026 | 2.29 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
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: Jun 08, 2026.
View current Form ADV (SEC/IAPD) ↗