PCCP, LLC
PCCP, LLC is a Series C+ and other fund in the US writing $10M–$60M checks into real-estate and commercial-real-estate.
- Stages
- Series C+, other
- Sectors
- real-estate, commercial-real-estate
- Check size
- $10M–$60M
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 1998
- Assets under management
- $29.2B
Thesis
PCCP, LLC, founded in 1998, is a real estate investment management firm specializing in commercial real estate debt and equity capital for middle-market projects in the United States. With approximately $29.2 billion in AUM as of September 30, 2025, the firm targets opportunities involving physical repositioning, rehabilitation, redevelopment, recapitalization of impaired financial structures, discounted purchases of distressed situations, and select development projects. Their strategy involves investing across the entire capital stack, from joint venture equity to senior and mezzanine debt, with a strong credit mindset to preserve capital and generate risk-adjusted returns. PCCP seeks investment opportunities with experienced operators requiring fast and reliable capital, typically partnering in joint ventures for equity investments ranging from $10 million to $60 million with investment horizons of up to seven years. They focus on major metropolitan statistical areas (MSAs) within the US. The firm manages two flagship series of closed-end discretionary commingled funds: a value-add debt fund series and an opportunistic equity fund series.
Common questions
Does PCCP, LLC invest at the Series C+ stage?
Yes. PCCP, LLC lists Series C+ and other among the stages it invests in.
What check size does PCCP, LLC write?
PCCP, LLC writes $10M–$60M checks.
Where does PCCP, LLC invest?
PCCP, LLC invests in the US.