Overview
CBPM was established in 2005 and was registered with the SEC in 2012 as a registered investment
adviser. CBPM provides investment advisory services on a discretionary basis to Century Bridge
Real Estate Fund II, L.P. (“CBCF” or the “Fund”). The Fund is engaged in investments in real
estate and real estate-related assets in China. The Fund is a private fund in which institutions and
high net-worth individuals may participate as investors. Affiliates of CBPM and Century Bridge
China GP II, Ltd. are Cayman Islands exempted limited companies (each a “General Partner” and
collectively “General Partners”) acts as general partner of the Fund. The General Partners are
registered with the SEC by way of and in reliance upon the registration of CBPM. CBPM and the
General Partners are filing a single form ADV based upon the SEC’s expressed position in the
American Bar Association No-Action Letter published on January 18, 2012. Keith Tom, LLC
directly holds an 89% membership interest in CBPM. 77% of Keith Tom, LLC is held by Evelyn
Capital, LLC (“Evelyn Capital”). 100% of Evelyn Capital is held by the Evelyn 2003 Trust, a
grantor trust for which Laura Tucker is grantor.
CBPM presently provides investment advice only to the Fund and, as such, does not tailor its
advisory services or investment objectives
or strategies to the requests or needs of individual
investors in the Fund, nor does it accept underlying investment restrictions from individual
investors in the Fund unless documented in a side letter agreement that is agreed to by the General
Partners and which would, by its nature, become generally applicable to the Fund. The Fund’s
private placement memorandum lays out the investment strategy and guidelines, including any
restrictions and the ability to vary therefrom, and CBPM then seeks to locate assets for the Fund
that are within such guidelines and consistent with the overall portfolio needs of the Fund. For
more detailed information regarding such restrictions, please refer to the Fund’s current private
placement memorandum.
As of December 31, 2022, CBPM had $27,090,172million in client assets under management.
Currently, 100% of such assets are managed on a discretionary basis.
For purposes of calculating this amount, CBPM included all unfunded capital commitments to the
Fund. While the investment guidelines for the Fund require the approval of its advisory committee
in certain circumstances before consummating an investment, because such approval is required
only in limited circumstances, the assets of the Fund have been included within discretionary
assets.