The Praedium Group Llc
SEC-registered
Private Fund Manager · Mid-sized ($1B–$10B)
CRD 161789
· SEC file 801-74236
· Boca Raton, FL
· WWW.PRAEDIUMGROUP.COM
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ADV data as of Mar 30, 2026
- Regulatory AUM
- $1.7B
- Discretionary
- $1.7B
- Clients
- 17
- Avg AUM / client
- $100M
- Accounts
- 17
- Employees
- 10
AUM over time
$1.2B
$3.4B
Feb 15, 2012
Mar 30, 2026
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 17 | $1.7B | 100.0% |
Private funds (19)
View all →Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $1.6B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Praedium X Middle Income Housing Fund, L.P. | Real Estate Fund | Delaware | $854M | 31 |
| Praedium X A Middle Income Housing Fund, L.P. | Real Estate Fund | Delaware | $182M | 2 |
| Praedium X C Middle Income Housing Fund, L.P. | Real Estate Fund | Delaware | $161M | 5 |
| Tpf X Ic Jv Lp | Real Estate Fund | Delaware | $139M | 2 |
| Tpf X Joint Venture Vi Llc | Real Estate Fund | Delaware | $47.0M | 2 |
| Tpf X Joint Venture Iv Llc | Real Estate Fund | Delaware | $46.6M | 2 |
| Tpf X Joint Venture Iii Llc | Real Estate Fund | Delaware | $45.8M | 2 |
| Tpf X Joint Venture I Llc | Real Estate Fund | Delaware | $32.8M | 2 |
| Tpf X Joint Venture Ii Llc | Real Estate Fund | Delaware | $32.7M | 2 |
| Praedium X B Middle Income Housing Fund, L.P. | Real Estate Fund | Delaware | $28.1M | 2 |
| Tpf X Joint Venture V Llc | Real Estate Fund | Delaware | $25.5M | 3 |
| Tpf X Joint Venture Vii Llc | Real Estate Fund | Delaware | $10.6M | 2 |
| Praedium Ix Multifamily Value Fund, Lp | Real Estate Fund | Delaware | $9.8M | 17 |
| Praedium Ix A Multifamily Value Fund, L.P. | Real Estate Fund | Delaware | $2.4M | 2 |
| Tpf Ix Joint Venture Xv Llc | Real Estate Fund | Delaware | $2.1M | 2 |
People (3)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Appel, Russell, Lewis | Manager And Founding Principal | Dec 1998 (28y) | ≈ 28.13% – 75% via Rapp, Llc | |
| Strobl, Ronald, William | Vice President, Treasurer, Chief Financial Officer | Feb 2012 (15y) | Less than 5% | |
| Mc Govern, Adam, Joseph | Vice President, General Counsel, And Chief Compliance Officer | Feb 2019 (8y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| The Praedium Group, Lp | Member | Dec 1998 | A | 50% – 75% |
| The Praedium Group Ii Lp | Member | Nov 2011 | A | 50% – 75% |
| Rapp, Llc | Limited Partner | May 1999 | B | ≈ 37.5% – 75% via The Praedium Group, Lp |
| Chmra, Llc | General Partner | Nov 1998 | B | GP / trustee / elected manager of The Praedium Group, Lp (indirect) |
Estimated effective ownership (look-through of filed bands):
- Appel, Russell, Lewis: 75% – 100% of Rapp, Llc × 75% – 100% of The Praedium Group, Lp × 50% – 75% direct ≈ 28.13% – 75% of the firm
- Rapp, Llc: 75% – 100% of The Praedium Group, Lp × 50% – 75% direct ≈ 37.5% – 75% 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 (19, $1.6B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Praedium X Middle Income Housing Fund, L.P. | Real Estate Fund | $854M | $5.0M | 31 |
| Praedium X A Middle Income Housing Fund, L.P. | Real Estate Fund | $182M | $5.0M | 2 |
| Praedium X C Middle Income Housing Fund, L.P. | Real Estate Fund | $161M | $5.0M | 5 |
| Tpf X Ic Jv Lp | Real Estate Fund | $139M | $0 | 2 |
| Tpf X Joint Venture Vi Llc | Real Estate Fund | $47.0M | $0 | 2 |
| Tpf X Joint Venture Iv Llc | Real Estate Fund | $46.6M | $0 | 2 |
| Tpf X Joint Venture Iii Llc | Real Estate Fund | $45.8M | $0 | 2 |
| Tpf X Joint Venture I Llc | Real Estate Fund | $32.8M | $0 | 2 |
| Tpf X Joint Venture Ii Llc | Real Estate Fund | $32.7M | $0 | 2 |
| Praedium X B Middle Income Housing Fund, L.P. | Real Estate Fund | $28.1M | $5.0M | 2 |
| Tpf X Joint Venture V Llc | Real Estate Fund | $25.5M | $0 | 3 |
| Tpf X Joint Venture Vii Llc | Real Estate Fund | $10.6M | $0 | 2 |
| Praedium Ix Multifamily Value Fund, Lp | Real Estate Fund | $9.8M | $5.0M | 17 |
| Praedium Ix A Multifamily Value Fund, L.P. | Real Estate Fund | $2.4M | $75.0M | 2 |
| Tpf Ix Joint Venture Xv Llc | Real Estate Fund | $2.1M | $0 | 2 |
| Tpf X Joint Venture Vii A Llc | Real Estate Fund | $1.8M | $0 | 36 |
| Tpf X Joint Venture V A Llc | Real Estate Fund | $1.7M | $0 | 23 |
| Praedium Ix C Multifamily Value Fund, L.P. | Real Estate Fund | $178K | $250K | 15 |
| Praedium Ix B Multifamily Value Fund, L.P. | Real Estate Fund | $10.5K | $75.0M | 2 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 4.16 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 it does not have 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 30, 2026.
View current Form ADV (SEC/IAPD) ↗