SourcingSourcing

GEM CAPITAL, L.P.

C25
CRD 157210·SEC 801-73628·CHICAGO, IL
AUM
$6.28B
$1B+
Est. Revenue
$62.8M
@ 1% on AUM
Est. EBITDA
$18.8M
@ 30% margin
Est. Deal Value
$150.8M
@ 8× EBITDA

Identity

Registrations & legal identity

Legal name
GEM CAPITAL, L.P.
CRD
157210
SEC file #
801-73628
EIN
000000000
DBA names
Gem Realty Capital

Economics

AUM
$6.28B
AUM band
$1B+
AUM trajectory
'20'26
$4.75B → $6.28B▲ +32%
Client mix
Pooled Investment Vehicles24
Charitable Organizations1

Operations

Employees (total)
69
Advisory staff (per ADV)
28
Advisory staff (5-yr trend)
'20'26
25 advisors → 28 advisors▲ +12%
Primary office
CHICAGO IL
Branches
—

Custodian & Brokerage

Primary custodian
Morgan Stanleylow confidence
Services offered
Portfolio mgmt — pooled vehiclesPortfolio mgmt — businesses
Fee basis
% of AUMPerformance-based fees

Filings

Latest ADV filing
03/27/2026
ADV-W filed at
—
Website
linkedin.com/company/gem-realty-capital-inc(social)

Compliance

Disclosures (firm)
0
Trademark
—
Additional signalsExpand ▾

Ownership & succession ★

Who controls the firm + pre-computed succession flags

Top Owner Name
ATRIUM GEM PARTNERS LP
Top Owner Pct
87.5
Top Owner Entity Kind
DE
Owner Count
10
Control Persons
ATRIUM GEM PARTNERS LP
ELRAD, MICHAEL, ANDREW
Solo Advisor Indicator
No
Succession Risk Solo Owner
No
Is Parent Owned Subsidiary
Yes

Availability / M&A ★

Already-acquired = skip; deal comps

Adv W Filed
No

Web presence ★

Stale website = winding down

Web Signal Quality
social_url_excluded:linkedin.com

Retirement-plan book (Form 5500) ★

401(k)/plan business — cross-sell value

Retirement Plan Book
No

SEC EDGAR

Edgar Cik
0001057503
Edgar Registered
Yes
Edgar Filing Count
29
Edgar First Filing Date
1998-07-09
Edgar Last Filing Date
2026-02-27
Edgar Form D Count
20
Edgar Form D Offerings
2026-02-272026-02-27 · 0000902664-26-001361
2024-06-072024-06-07 · 0000902664-24-004077
Edgar Former Names
GEM Realty Securities, L.P.
GEM Realy Securities, L.P.

Compliance & brand

Firm Registration Status
active

All other collected signals (11)

Everything else we've pulled for this record, not yet curated into a section.

Adv W Recently Filed
No
Bc Firm Active Bc Count
0
Bc Firm Active IA Count
0
Bc Firm IAR Count
0
Custodian Candidates
Full
Morgan Stanley8
Goldman Sachs6
E*trade4
Northern Trust2
U.s. Bank1
Edgar Addresses
Mailing
900 NORTH MICHIGAN AVE14TH FLOORCHICAGO, IL 60611
Business
900 NORTH MICHIGAN AVENUE14TH FLOORCHICAGO, IL 60611
Edgar EIN
000000000
Edgar Recent Filings
D/A2026-02-27 · 0000902664-26-001361
D/A2024-06-07 · 0000902664-24-004077
Firm Has Custody
Yes
Mailing Office Differs
No
Trust Company Affiliate
No

People (8)

8
ELRAD, MICHAEL, ANDREW
Executive Officer · 2.5%
5034589
GELLER, NORMAN, SCOTT
Executive Officer · 2.5%
5034585
MALKIN, BARRY, ALAN
Executive Officer · 2.5%
2547940
Franklin, Andrew, Michael
Executive Officer · 2.5%
6773149
GELLER, MICHAEL, JACOB
Executive Officer · 2.5%
4983373
HELLEBUSCH, LOUIS, DOMINIC
Executive Officer · 2.5%
7894481
KEIGHER, ELIZABETH, ANN
Executive Officer · 2.5%
7715790
Lopez, Derek, Paul
Executive Officer · 2.5%
7527069