Overview
Fairview Asset Management, LLC (“FAM”) is a Puerto Rico limited liability company formed in
Puerto Rico on June 27, 2022. The members of FAM are Nels Stemm and Carson Rasmussen.
FAM began operations in 2022 and was formed to provide sub-advisory services to one or more
other investment advisors (each, an “Advisor”) or provide investment advisory services directly
to one or more pooled investment vehicles, related parallel funds alternative investment vehicles,
sub-advisory services to other investment advisors and other specially formed investment
vehicles (the “Funds”) that primarily invests in real-estate and real-estate related assets.
FAM does not provide investment advisory services individually to investors in Funds. None of
the Funds will be registered under the Investment Company Act of 1940, as amended (the
“Investment Company Act”), and their securities are not
registered under the Securities Act of
1933, as amended (the “Securities Act”).
FAM provides investment advisory services to the Funds through separate advisory agreements
(each, an “Advisory Agreement”) tailored to the specific needs of each Advisor or Fund as may
be necessary, appropriate or negotiated on a case-by-case basis. Services to the Advisors or
Funds include identifying, evaluating, structuring and negotiating prospective investments,
managing and monitoring portfolio investments and advising with respect to disposition
opportunities.
FAM has entered into an agreement with FPIM to provide sub-advisory services in connection
with each Fund for which PFIM acts as an investment advisor.
As of the date of this brochure, FAM’s discretionary or non-discretionary assets under
management are $235,774,807. FAM presently does not participate in wrap fee programs.