Company Background, Overview and Principals
Founded in December 2021, Electra Capital Advisors LLC (“Electra”, “Electra Capital” or the “Firm”) is an
investment manager who provides investment management services on a discretionary basis, to its affiliate
sponsored privately offered investment vehicles, collectively referred to herein as the “Funds”. Funds invest
primarily in privately negotiated secured debt and related equity investments in commercial real estate. .
Electra is a limited liability company, organized in the state of Delaware. Electra’s senior management team is
led by Sam Greenblatt, CEO. The Firm is one of several affiliated entities in the Electra Real Estate Ltd. (“Electra
Real Estate”) family of companies, which have been in business since 2019. Electra is owned principally by
Joseph G. Lubeck. Electra America, Inc. (“Electra America”). Samuel Greenblatt, and James Miller hold own-
ership interests in the Firm. Electra America is wholly owned by Electra Real Estate. Electra Real Estate is an
Israeli public company principally owned by Elco Ltd. Elco Ltd is principally owned by G. Salkind Ltd. G. Salkind
Ltd, an Israeli limited liability company, is wholly owned by Daniel Haim Salkind and Michael Joseph Salkind
(both non-US persons). Electra America’s primary business focus is the acquisition of US real estate .
Pursuant to a Staffing Agreement, by and among Electra and American Landmark Management, LLC (the
“Staffing Agreement”), American Landmark Management, LLC provides the use of certain designated em-
ployees. The Staffing Agreement allows Electra to use the premises and facilities of its affiliate American Land-
mark Management, LLC for its daily operations, including for the maintenance of books and records.
Other direct and indirect affiliate entities engage in a variety of related businesses, please see “Other Financial
Industry Activities and Affiliations” below for further information.
As of the date of this Brochure, the Funds, referred to herein, are Electra Capital PM Debt Fund LP, Electra
Capital PM Fund, Electra Capital PM II A Fund, LP, Electra Capital PM II Debt Fund, LP, each a privately-offered
investment vehicle. The Funds have not been registered under the Securities Act of 1933 (the “Securities
Act”), as amended, the Investment Company Act of 1940, as amended (the “Investment Company Act”), or
the securities laws of any state or other jurisdiction. The Funds are exempt from registration as investment
companies under the Investment Company Act in reliance upon 3(c)(5) of the Investment Company Act. Each
Fund’s investment objective includes seeking to maximize current returns while preserving investor capital
by seeking a certain level of returns, net of fees and expenses, as described in detail in each vehicle’s partner-
ship agreement, supplements, offering memorandum, management and advisory agreements, and any other
applicable agreements provided to Fund investors (collectively, the “Governing Documents”).
The information provided in this brochure about the investment advisory services provided by Electra to each
Fund, is qualified in its entirety by reference to the relevant Fund’s Governing Documents and offering mate-
rials. The offering documents for each Fund should be read carefully prior to investment. No offer to sell in-
terests in the Funds
is made by the descriptions in this brochure, and the Funds are available only to investors
that are properly qualified.
Types of Services
Sam Greenblatt operates Electra’s business segments in an integrated manner that allows Electra to take ad-
vantage of its knowledge and access to borrowers and investors in the industry in mutually beneficial ways.
Certain of Electra’s principals and executive officers are also principals or executive officers of certain other
partnerships or limited liability companies that serve as the general partner or managing member of certain
entities affiliated with Electra. The Electra investment team consists of nine professionals with extensive ex-
perience in structuring, underwriting, and managing loans.
The Firm provides discretionary investment advisory services to the Funds based on each Fund’s investment
objectives, strategies, guidelines and restrictions. The Funds make indirect preferred equity investments in
multifamily properties, and related investments in debt secured by interests in entities owning direct or indi-
rect interests in multifamily properties primarily in the southeastern and south-central United States, includ-
ing through joint ventures. The Firm services include seeking to assess credit quality and other characteristics
or factors involved in making, managing, holding, and exiting a potential or actual investment for the Funds.
Tailoring Advisory Services and Restrictions
Electra does not manage any client assets on a non-discretionary basis.
Investment advice is provided directly to Funds and not individually to their investors. Investment restrictions
are imposed in the respective Governing Documents for the Funds. Electra has full discretionary authority and
is authorized to follow investment guidelines in pursuing the Fund’s asset acquisition strategy, based on all
established eligibility criteria set forth in the respective Fund Governing Documents. Any restrictions will limit
Electra’s ability to invest, so as example possibly in certain geographies, sectors, concentration limits, amongst
others.
Prior to investing in a Fund, prospective investors should review such Fund’s Governing Documents to confirm
the suitability of an investment in a Fund based on the investor’s particular circumstances. The offering mate-
rials for each Fund provide additional information regarding the investment management of each Fund. While
we do not tailor our advisory services to the needs of individual investors. at the time of establishment of a
Fund and its specific investment criteria, Electra may be influenced in setting the strategies, by any sugges-
tions of prospective investors.
Wrap Fee Programs
Electra does not participate in any wrap fee programs.
Client Assets Under Management
Electra provides discretionary investment advisory services to Funds and has discretionary management au-
thority and responsibility over their assets. Electra had $593,149,516 in discretionary regulatory assets under
management as of December 31, 2023.
This Brochure generally includes information about the Firm and its relationships with its clients and affiliates.
While much of this Brochure applies to all such clients and affiliates, certain information included herein applies
to specific clients or affiliates only.