Form D · Other Investment Fund

PCS Real Return Institutional Fund, LLC

Chicago, IL · CIK 0001462567

Offering snapshot reported Jan 29, 2025 · SEC filing

Reported sold
$570M
Indefinite offering
Investors reported
2,320
Form D · investor count
Minimum accepted
$25K
Reported outside-investor minimum
First sale
May 1, 2007
As reported in this filing

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
Jan 29, 2025Initial$570,246,689No comparison2,320SEC filing
Jan 24, 2024Initial$570,246,689No comparison2,320SEC filing
Jan 24, 2023Initial$570,246,689No comparison2,320SEC filing
Jan 31, 2022Amendment$570,246,689$100,000vs Jan 29, 20212,320SEC filing
Jan 29, 2021Amendment$570,146,689$0vs Jan 30, 20202,319SEC filing
Jan 30, 2020Amendment$570,146,689$0vs Jan 30, 20192,319SEC filing
Jan 30, 2019Amendment$570,146,689$49,500vs Jan 30, 20182,319SEC filing
Jan 30, 2018Amendment$570,097,189$0vs Jan 30, 20172,319SEC filing
Jan 30, 2017Amendment$570,097,189$123,060vs Jan 28, 20162,319SEC filing
Jan 28, 2016Amendment$569,974,129$9,394,000vs Jan 28, 20152,318SEC filing
Jan 28, 2015Amendment$560,580,129$20,790,880vs Jan 27, 20142,316SEC filing
Jan 27, 2014Amendment$539,789,249$28,400,725vs Jan 25, 20132,304SEC filing
Jan 25, 2013Amendment$511,388,524$54,689,731vs Jan 25, 20122,239SEC filing
Jan 25, 2012Amendment$456,698,793$38,540,151vs Jan 13, 20112,200SEC filing
Jan 13, 2011Amendment$418,158,642$133,226,241vs Jan 12, 20101,912SEC filing
Jan 12, 2010Amendment$284,932,401$0vs Dec 9, 20091,491SEC filing
Dec 9, 2009Initial$284,932,401No comparison1,491SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$1.06M (estimated)
Finders' fees
$0
Form D file number
021-536651
Investors introduced by selling agent are charged monthly servicing fee up to 1% per annum or as agreed. Servicing fee paid to agent on quarterly basis. Current offering commenced prior to 3/15/09; Item 15 reflects information commencing from such a date.

Sales compensation recipients

Scroll to see all columns →

RecipientCRDAssociated broker-dealer
Uhlmann Price Securities, LLC42854
Intl Custody & Clearing Solutions Inc.23952
Wells Fargo Clearing Services, LLC19616
McDonald Partners LLC135414
Stephens3496
Stifel, Nicolaus & Company, Incorporated793
Polar Investment Counsel, Inc.None

Source: Form D, filed Jan 29, 2025. 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

PCS REAL RETURN INSTITUTIONAL FUND, LLC

Investment adviser: PRICE ASSET MANAGEMENT, LLC

Gross asset value
$18M
Beneficial owners
64
ADV minimum commitment
$25K

Reported in Form ADV on Jun 8, 2020. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator LICCAR CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor RSM US LLP CHICAGO, Illinois, United States
Custodian CITIBANK, N.A. NEW YORK CITY, New York, United States Related to adviser: No
Custodian RELIANCE TRUST COMPANY OF DELAWARE WILMINGTON, Delaware, United States Related to adviser: No
Marketer UHLMANN PRICE SECURITIES, LLC CHICAGO, Illinois, United States Related to adviser: Yes
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

RSM US LLP
PCAOB 49

UHLMANN PRICE SECURITIES, LLC
CRD 42854 · SEC 8-50041

Filing source

Form ADV 1429523 · Jun 8, 2020 · Schedule D 7.B.(1), fund 805-9784421577

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
Roxanne Bennett Executive
Maura A. Clark Executive
Marilyn Cleeff Executive
Allen D Goodman Executive
N/A Price Asset Management, Inc. Executive
N/A Price Asset Management, Llc Executive
Walter Thomas Price, Iii Executive
John D. Reese Executive
David F. Schink Executive
Michelle Williams Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
200 S Wacker Dr., Suite 3100
Chicago, IL, 60606