Pare Partners Ii LLC

PARE Partners LLC and PARE Partners II LLC, collectively known as PARE, are Delaware limited liability companies with assets under management exceeding $150 million. Founded by Juan Fernando Valdivieso and Josef Preschel, PARE offers discretionary investment advisory services to private pooled investment vehicles, co-investment vehicles, and potentially separately managed accounts. The firm primarily focuses on niche-oriented real estate asset classes, partnering with developers for housing complexes in the US and Latin America. PARE's fee structure includes organizational and operational expenses, management fees typically ranging from 1% to 2%, and potential performance-based compensation. The firm follows a Code of Ethics, ensuring fair treatment of clients and compliance with securities laws. PARE's Investment Allocation Policy aims to allocate investment opportunities fairly among clients. The firm does not engage in brokerage practices, solicitation agreements, or receive compensation beyond management fees. PARE complies with custody rules, conducts audits, and has investment discretion without client-imposed limitations. The firm has not participated in traditional proxy votes and has a sound financial standing without bankruptcy history. Clients receive quarterly reports and audited financial statements within 120 days of the fiscal year-end.