Description of Firm
Larson Capital Management, LLC ("LCM," "we" or "us"), based in Chesterfield, Missouri, is a real
estate focused private equity firm. We are primarily owned by Larson Financial Holdings, LLC ("LFH")
which is majority owned by Paul Douglas Larson.
Private Investment Funds
LCM provides discretionary investment advice to private funds (each a “Fund” or “Client” and
collectively, the “Funds” or “Clients”). Each Fund’s investment objective, terms and restrictions are
provided in each Fund's offering document, along with the associated organizational documents and/or
subscription agreements, as the case may be (each and collectively, the “Governing Documents”).
Funds are typically available for investment only by institutional investors and other sophisticated, high-
net-worth investors, who meet the eligibility requirements of the applicable Fund provided in its
Governing Documents. Funds are normally exempt from registration as an investment company under
the Investment Company Act of 1940, as amended (the "1940 Act").
LCM tailors its advisory services to the specific investment objectives and restrictions of each Fund as
set forth in each Fund’s Governing Documents. In accordance with common industry practice, the
Funds may
enter into “side letters” or side agreements with certain investors in the Funds, pursuant to
which LCM may grant an investor specific rights, benefits, or privileges. These arrangements typically
clarify any regulatory, informational and interpretational issues and may also include changes in the
financial terms. These arrangements do not provide preferential liquidity treatment to such investor.
Types of Investments
The commercial real estate focused Funds' strategies generally target institutional-grade, income-
producing commercial office, and industrial properties. For these Funds, LCM seeks to invest in
properties that have stable tenant histories with tenants across different industries and markets to
provide diversification. Other Funds look for opportunities in vacation property, multifamily and other
development opportunities including development opportunities in qualified opportunity zones, oil and
gas and mezzanine debt. A Fund may employ leverage and also may utilize special purpose
investment vehicles and/or joint ventures should the manager reasonably determine that such
investment structures are appropriate.
Assets Under Management
As of 12/31/2023, LCM had $832,903,906 in discretionary assets under management.