Form D · Hedge Fund

Principal Enhanced Property ASP Fund, a series of Alternative Strategies Real Estate Platform, LLC

New York, NY · CIK 0001528509

Offering snapshot reported Jan 16, 2026 · SEC filing

Reported sold
$315M
Indefinite offering
Investors reported
541
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Oct 1, 2011
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$157M$315MAug 11, 2021: $215,333,479.00Aug 11, 2021Aug 5, 2022: $306,603,412.00Aug 5, 2022Dec 19, 2023: $314,728,217.00Dec 19, 2023Jan 15, 2025: $314,728,217.00Jan 15, 2025Jan 16, 2026: $314,728,217.00Jan 16, 2026

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

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jan 16, 2026Amendment$314,728,217$0vs Jan 15, 2025541SEC filing
Jan 15, 2025Amendment$314,728,217$0vs Dec 19, 2023541SEC filing
Dec 19, 2023Amendment$314,728,217$8,124,805vs Aug 5, 2022541SEC filing
Aug 5, 2022Amendment$306,603,412$91,269,933vs Aug 11, 2021523SEC filing
Aug 11, 2021Amendment$215,333,479No comparisonNot reportedSEC filing
Aug 11, 2020Amendment$215,333,479$7,642,470vs Aug 13, 2019564SEC filing
Aug 13, 2019Amendment$207,691,009$19,370,000vs Aug 13, 2018546SEC filing
Aug 13, 2018Amendment$188,321,009$11,240,000vs Aug 11, 2017523SEC filing
Aug 11, 2017Amendment$177,081,009$12,820,000vs Aug 1, 2016521SEC filing
Aug 1, 2016Amendment$164,261,009$7,767,999vs Aug 17, 2015460SEC filing
Aug 17, 2015Amendment$156,493,010$13,844,486vs Aug 14, 2014449SEC filing
Aug 14, 2014Amendment$142,648,524$33,731,608vs Aug 14, 2013413SEC filing
Aug 14, 2013Amendment$108,916,916$60,430,842vs Aug 14, 2012289SEC filing
Aug 14, 2012Amendment$48,486,074No comparison144SEC filing
Aug 24, 2011InitialYet to sellNo comparison0SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$549K (estimated)
Finders' fees
$0
Form D file number
021-164898

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
WELLS FARGO ADVISORS, LLC19616

Source: Form D, filed Jan 16, 2026. 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

PRINCIPAL ENHANCED PROPERTY ASP FUND

Investment adviser: ICAPITAL ADVISORS, LLC

Gross asset value
$0
Beneficial owners
0
ADV minimum commitment
$100K

Reported in Form ADV on Jan 8, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SEI OAKS, Pennsylvania, United States Investor statements: No (provided to no investors) Related to adviser: No
Auditor KPMG LLP NEW YORK, New York, United States
Custodian BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No
Marketer WELLS CAPITAL MANAGEMENT SINGAPORE SINGAPORE, Singapore Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

KPMG LLP
PCAOB 185

WELLS CAPITAL MANAGEMENT SINGAPORE
CRD 165024 · SEC 801-76987

Filing source

Form ADV 2038725 · Jan 8, 2026 · Schedule D 7.B.(1), fund 805-1887162717

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
N/A Alternative Strategies Group, Inc. Promoter
James F. Angelos Executive
Sheelpa P. Brown Executive
Rob Coltrin Executive
Doretta Dunegan Executive
N/A Icapital Ii Gp Llc Promoter
Dean A. Junkans Director
Michael H. Koonce Executive
Michael Korn Executive
Anil Kumar Executive
Lloyd Lipsett Executive
Daniel J. Mavico Executive
Britta Mc Corduck Executive
Yukari Nakano Director, Executive
Sean Nicolosi Executive
Britta Perkio Patterson Executive
Michael Roman Executive
Michael Stanton Executive
Adam Taback Executive
N/A Wells Fargo Investment Institute Inc Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
C/O Compliance Department 60 East 42 Nd Street, 28 Th Floor
New York, NY, 10165