Investment adviser · CRD 309668
BREAKTHROUGH PROPERTIES
BREAKTHROUGH SERVICES, L.L.C.
LOS ANGELES, CA, United States · Form ADV filed Jan 30, 2024
- Regulatory AUM
- $2.84B Form ADV · Item 5.F
- Client accounts
- 9 Accounts, not individual clients
- Employees
- 66 Reported in this filing
- Advisory professionals
- 18 Investment advisory functions
How this adviser has changed
Annual filingsRegulatory assets under management
Up to five fiscal years, using the latest annual update available at the selected filing date. Asset changes can reflect acquisitions, client flows, and valuations; they are not investment returns.
| Fiscal year | Regulatory AUM | Employees | Filed |
|---|---|---|---|
| 2021 | $1,442,957,320 | 35 | Mar 31, 2022 |
| 2022 | $2,835,525,628 | 66 | Mar 31, 2023 |
Who they report serving
Form ADV · Item 5.DClient types and their share of reported regulatory assets.
| Client type | Clients | Regulatory assets | Share of AUM |
|---|---|---|---|
| Pooled investment vehicles | 9 | $2,835,525,628 | 100.0% |
Filing source
Form ADV 1815238 · Jan 30, 2024 · Item 5.D
Reported by BREAKTHROUGH SERVICES, L.L.C. (CRD 309668).
Other-Than Anual Amendment For Registered Adviser.
Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.
INTERTRUSTCORPORATE AND FUND SERVICES L.L.C.
Fund administrator · funds reporting this exact name in the selected filing
These are reported-name connections within this adviser's filing, not a verified global provider identity or market-wide client count.
Private funds & service providers
9 detailed fund recordsLargest reported gross asset value first; unreported values last. Gross asset value is fund-level disclosure, distinct from adviser AUM and Form D fundraising. Master and feeder funds may overlap.
BREAKTHROUGH PROPERTIES GROWTH PORTFOLIO I, L.P.Real Estate Fund$2.25BGross asset value
Form D fundraising filings
View filings for the issuer linked by this fund’s reported Form D file numbers.
See filing for more → Showing the first 6 providers by role and name. IAPD may show a newer filing.
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- Yes
ERNST & YOUNG LLP
PCAOB 42
J.P. MORGAN SECURITIES LLC
CRD 79 · SEC 801-3702
Fund details & source
- Fund ID
- 805-6082231865
- Reported beneficial owners
- 96
- Minimum commitment
- $25M
- Form D file number
- 021-376474
Form ADV 1815238 · Jan 30, 2024 · Schedule D 7.B.(1)
Reported by BREAKTHROUGH SERVICES, L.L.C. (CRD 309668).
Other-Than Anual Amendment For Registered Adviser.
Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.
BREAKTHROUGH PROPERTIES INCOME PORTFOLIO, L.P.Real Estate Fund$375MGross asset value
Form D fundraising filings
View filings for the issuer linked by this fund’s reported Form D file numbers.
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
ERNST & YOUNG LLP
PCAOB 42
Fund details & source
- Fund ID
- 805-3324311560
- Reported beneficial owners
- 96
- Minimum commitment
- $25M
- Form D file number
- 021-376472
Form ADV 1815238 · Jan 30, 2024 · Schedule D 7.B.(1)
Reported by BREAKTHROUGH SERVICES, L.L.C. (CRD 309668).
Other-Than Anual Amendment For Registered Adviser.
Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.
ALLSTON CO-INVESTMENT FEEDER VEHICLE, L.P.Real Estate Fund$87MGross asset value
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
ERNST & YOUNG LLP
PCAOB 42
Fund details & source
- Fund ID
- 805-8663223187
- Reported beneficial owners
- 11
- Minimum commitment
- $0
Form ADV 1815238 · Jan 30, 2024 · Schedule D 7.B.(1)
Reported by BREAKTHROUGH SERVICES, L.L.C. (CRD 309668).
Other-Than Anual Amendment For Registered Adviser.
Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.
HAREL ALLSTON CO-INVESTMENT, L.P.Real Estate Fund$49.2MGross asset value
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
ERNST & YOUNG LLP
PCAOB 42
Fund details & source
- Fund ID
- 805-8140467683
- Reported beneficial owners
- 1
- Minimum commitment
- $0
Form ADV 1815238 · Jan 30, 2024 · Schedule D 7.B.(1)
Reported by BREAKTHROUGH SERVICES, L.L.C. (CRD 309668).
Other-Than Anual Amendment For Registered Adviser.
Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.
TEA ALLSTON CO-INVESTMENT, L.P.Real Estate Fund$23.7MGross asset value
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
ERNST & YOUNG LLP
PCAOB 42
Fund details & source
- Fund ID
- 805-8448010442
- Reported beneficial owners
- 1
- Minimum commitment
- $0
Form ADV 1815238 · Jan 30, 2024 · Schedule D 7.B.(1)
Reported by BREAKTHROUGH SERVICES, L.L.C. (CRD 309668).
Other-Than Anual Amendment For Registered Adviser.
Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.
DQP ALLSTON CO-INVESTMENT, L.P.Real Estate Fund$20.8MGross asset value
Form D fundraising filings
View filings for the issuer linked by this fund’s reported Form D file numbers.
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
ERNST & YOUNG LLP
PCAOB 42
Fund details & source
- Fund ID
- 805-9907710882
- Reported beneficial owners
- 27
- Minimum commitment
- $0
- Form D file number
- 021-400069
Form ADV 1815238 · Jan 30, 2024 · Schedule D 7.B.(1)
Reported by BREAKTHROUGH SERVICES, L.L.C. (CRD 309668).
Other-Than Anual Amendment For Registered Adviser.
Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.
JIAMING ALLSTON CO-INVESTMENT, L.P.Real Estate Fund$19.7MGross asset value
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
ERNST & YOUNG LLP
PCAOB 42
Fund details & source
- Fund ID
- 805-4118656105
- Reported beneficial owners
- 1
- Minimum commitment
- $0
Form ADV 1815238 · Jan 30, 2024 · Schedule D 7.B.(1)
Reported by BREAKTHROUGH SERVICES, L.L.C. (CRD 309668).
Other-Than Anual Amendment For Registered Adviser.
Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.
Services & filing details
Showing values from the selected filing. Latest observed filing does not establish current registration status.
What changed?
Since Jun 2, 2023 · previous imported filing
No comparable changes in the displayed metrics.
Filing source
Form ADV 1815238 · Jan 30, 2024 · Items 1 & 5
Reported by BREAKTHROUGH SERVICES, L.L.C. (CRD 309668).
Other-Than Anual Amendment For Registered Adviser.
Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.
Management of assets
- Discretionary
- $2.84B
- Non-discretionary
- $0
Reported services
Pooled investment vehicle management
Compensation
Percentage of assets · Performance-based
Principal office
2029 CENTURY PARK E, SUITE 1370LOS ANGELES, CA, 90067, United States
CRD 309668
Filing source
Form ADV 1815238 · Jan 30, 2024 · Items 1 & 5
Reported by BREAKTHROUGH SERVICES, L.L.C. (CRD 309668).
Other-Than Anual Amendment For Registered Adviser.
Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.