Commonwealth Asset Management Lp

Commonwealth Asset Management LP, established in 2019, is an SEC-registered investment adviser specializing in managing assets focused on real estate and illiquid investments. Led by Mr. Adam B. Fisher, the firm offers investment management services to private funds, pooled investment vehicles, and separately managed accounts. The firm's Real Estate Strategy involves acquiring and financing real estate assets, operating platforms, and other real estate investments. CWAM manages over $911 million in assets under management as of December 31, 2023, on a discretionary basis. Clients typically require a minimum initial investment of $1,000,000, with fees based on a percentage of assets under management. CWAM may receive performance and incentive fees of up to 20% of any increase in asset value. The firm operates on a discretionary and non-discretionary basis, tailoring investment strategies to each client's objectives and restrictions outlined in governing documents. Clients are provided with detailed reports, including audited financial statements, and have access to the firm's Code of Ethics and proxy voting policies. CWAM does not engage in wrap fee programs, directed brokerage, or compensating non-clients for referrals. The firm maintains custody of private fund assets with independent qualified custodians and exercises investment discretion for client portfolios. Additionally, CWAM has no disciplinary events, bankruptcy history, or financial conditions impairing its commitments.