Form D · Other Investment Fund

GEM REALTY EVERGREEN FUND, L.P.

Chicago, IL · CIK 0001659111

Offering snapshot reported Nov 29, 2024 · SEC filing

Reported sold
$284M
Indefinite offering
Investors reported
107
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Dec 1, 2015
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$142M$284MNov 30, 2015Nov 30, 2016: $127,390,000.00Nov 30, 2017: $137,990,000.00Nov 30, 2018: $247,830,000.00Nov 29, 2019: $247,080,000.00Nov 30, 2020: $282,830,000.00Nov 30, 2021: $282,830,000.00Nov 30, 2022: $284,430,000.00Nov 30, 2023: $284,430,000.00Nov 29, 2024: $284,430,000.00Nov 29, 2024

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Nov 29, 2024Amendment$284,430,000$0vs Nov 30, 2023107SEC filing
Nov 30, 2023Amendment$284,430,000$0vs Nov 30, 2022107SEC filing
Nov 30, 2022Amendment$284,430,000$1,600,000vs Nov 30, 2021107SEC filing
Nov 30, 2021Amendment$282,830,000$0vs Nov 30, 2020104SEC filing
Nov 30, 2020Amendment$282,830,000$35,750,000vs Nov 29, 2019104SEC filing
Nov 29, 2019Amendment$247,080,000-$750,000vs Nov 30, 201899SEC filing
Nov 30, 2018Amendment$247,830,000$109,840,000vs Nov 30, 201782SEC filing
Nov 30, 2017Amendment$137,990,000No comparison74SEC filing
Nov 30, 2016Amendment$127,390,000No comparison62SEC filing
Nov 30, 2015InitialYet to sellNo comparison0SEC filing

Offering details

Securities
Equity, Pooled investment fund
Exemptions
06b, 3C, 3C.5, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-252080
The total amount sold is aggregated together with the Issuer's related parallel fund.

Source: Form D, filed Nov 29, 2024. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

GEM REALTY EVERGREEN FUND, L.P.

Investment adviser: GEM CAPITAL, L.P.

Gross asset value
$416M
Beneficial owners
107
ADV minimum commitment
$5M

Reported in Form ADV on Mar 27, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Auditor RSM US LLP CHICAGO, Illinois, United States
Custodian BANK OF AMERICA, N.A. CHICAGO, Illinois, United States Related to adviser: No
Custodian BANK OF AMERICA SECURITIES, INC. NEW YORK, New York, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
No
External marketing
No

RSM US LLP
PCAOB 49

Filing source

Form ADV 2064295 · Mar 27, 2026 · Schedule D 7.B.(1), fund 805-2629913561

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Craig R. Caffarelli Executive, Promoter
Michael Chen Executive, Promoter
Michael A. Elrad Executive, Promoter
Norman S. Geller Executive, Promoter
Derek Lopez Executive, Promoter
Barry A. Malkin Executive, Promoter
Denise A. Olsen Executive, Promoter
Daniel Rosenbloom Executive, Promoter
Eric M. Siegal Executive, Promoter
Eric M. Siegel Executive, Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
900 North Michigan Avenue, 14 Th Floor
Chicago, IL, 60611