3650 Reit Investment Management Llc
- Regulatory AUM
- $2.4B
- Discretionary
- $1.5B
- Clients
- 12
- Avg AUM / client
- $203M
- Accounts
- 13
- Employees
- 16
AUM over time
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 4 | $357M | 14.7% |
| Sovereign wealth funds and foreign official institutions | 5 | $627M | 25.8% |
| Corporations and other businesses | 3 | $1.4B | 59.5% |
Private funds (11)
Reported in Form ADV Section 7.B.(1), filing of Oct 2024 · $3.9B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| 3650 Cal Bridge Lending Llc feeder | Real Estate Fund | Delaware | $1.4B | 2 |
| 3650 Real Estate Investment Trust 2 Llc master | Real Estate Fund | Delaware | $704M | 3 |
| Cal 3650 Sf Investco Lp feeder | Real Estate Fund | Delaware | $609M | 2 |
| 3650 Real Estate Investment Trust 3 Llc master | Real Estate Fund | Delaware | $520M | 3 |
| 3650 Mrei Bed Investco Lp feeder | Real Estate Fund | Delaware | $250M | 2 |
| Grass River Re Credit Everglade Partners, L.P. | Real Estate Fund | Delaware | $185M | 5 |
| 3650 P Sma Investco Lp | Real Estate Fund | Delaware | $102M | 2 |
| 3650 Hamagen Investco Lp | Real Estate Fund | Delaware | $75.7M | 2 |
| 3650 Mrei Investco Lp feeder | Real Estate Fund | Delaware | $67.3M | 2 |
| 3650 Special Situations I, L.P. | Real Estate Fund | Delaware | $30.0M | 2 |
| 3650 Special Situations Gp Co Investment I, L.P. | Real Estate Fund | Delaware | $12.5M | 2 |
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Cobb, Tobin, Templeton | Managing Partner | Oct 2016 (10y) | Less than 5% | |
| Kennedy, Justin, Anthony | Managing Partner | Oct 2016 (10y) | Less than 5% | |
| Parower, Andrew, Martin | Portfolio Manager/Head Of Credit | Oct 2016 (10y) | Less than 5% | |
| Roth, Jonathan, Paul | Managing Partner | Oct 2016 (10y) | Less than 5% | |
| Jefferis, Mark, Anthony | Gc/Cco | Jul 2017 (9y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| 3650 Reit Holding Company Llc | Managing Member | Jul 2017 | A | 75% or more |
| 3650 Holdings Lp | Managing Member | Apr 2018 | B | ≈ 56.25% – 100% via 3650 Reit Holding Company Llc |
| 3650 Holdings Gp Llc | General Partner Of 3650 Holdings Lp | Mar 2017 | B | GP / trustee / elected manager of 3650 Holdings Lp (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- 3650 Holdings Lp: 75% – 100% of 3650 Reit Holding Company 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 (11, $3.9B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| 3650 Cal Bridge Lending Llc | Real Estate Fund | $1.4B | $10.0M | 2 |
| 3650 Real Estate Investment Trust 2 Llc | Real Estate Fund | $704M | $10.0M | 3 |
| Cal 3650 Sf Investco Lp | Real Estate Fund | $609M | $10.0M | 2 |
| 3650 Real Estate Investment Trust 3 Llc | Real Estate Fund | $520M | $10.0M | 3 |
| 3650 Mrei Bed Investco Lp | Real Estate Fund | $250M | $10.0M | 2 |
| Grass River Re Credit Everglade Partners, L.P. | Real Estate Fund | $185M | $10.0M | 5 |
| 3650 P Sma Investco Lp | Real Estate Fund | $102M | $10.0M | 2 |
| 3650 Hamagen Investco Lp | Real Estate Fund | $75.7M | $10.0M | 2 |
| 3650 Mrei Investco Lp | Real Estate Fund | $67.3M | $10.0M | 2 |
| 3650 Special Situations I, L.P. | Real Estate Fund | $30.0M | $1.0M | 2 |
| 3650 Special Situations Gp Co Investment I, L.P. | Real Estate Fund | $12.5M | $500K | 2 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 4.24 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
- • Other services
Custody
Reported custodians
- City National Bank $250M (10% of AUM) Mar 2026
- Computershare $250M (10% of AUM) Mar 2026
- Wells Fargo $15.0M (1% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have 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: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗