# CALMWATER ASSET MANAGEMENT, LLC

CALMWATER ASSET MANAGEMENT, LLC of EL SEGUNDO, CA is an SEC-registered investment adviser.

## Registration

- CRD: 282617
- Type: SEC-registered investment adviser
- SEC file number: 801-109004
- Location: 507 S DOUGLAS ST, 2ND FLOOR, EL SEGUNDO, CA, 90245
- Phone: 310-806-9770
- Latest filing: 2026-03-27
- Regulatory AUM: $792.5M
- Discretionary AUM: $792.5M
- Clients: 8
- Accounts: 7

## Business model

- Compensation: % of AUM, Performance
- Clients served: Investment cos

## Officers, owners & control persons (14)

| Name | Role | Location |
| --- | --- | --- |
| [Myles Reid Blechner](https://search.stillhousedata.com/person/661668) | CHIEF COMPLIANCE OFFICER | — |
| [David Andrew Cohen](https://search.stillhousedata.com/person/669600) | CHAIRMAN; TRUSTEE | — |
| [Dean Kao Chang](https://search.stillhousedata.com/person/669601) | PRINCIPAL/GENERAL COUNSEL; PRINCIPAL/GENERAL COUNSEL/CHIEF COMPLIANCE OFFICER | — |
| [Larry William Grantham](https://search.stillhousedata.com/person/690097) | MANAGING PRINCIPAL | — |
| [Mark Hiroichi Sato](https://search.stillhousedata.com/person/716447) | CHIEF FINANCIAL OFFICER | — |
| [DIBARTOLO JOSEPH MAURICE](https://search.stillhousedata.com/person/736813) | CHIEF COMPLIANCE OFFICER | — |
| [MCDERMOTT JOSEPH DANIEL](https://search.stillhousedata.com/person/740138) | CHIEF COMPLIANCE OFFICER | — |
| [BLECHNER MYLES REID](https://search.stillhousedata.com/person/814804) | CHIEF COMPLIANCE OFFICER | — |
| [TRAVERSI DAVID MATTHEW](https://search.stillhousedata.com/person/845885) | CHIEF COMPLIANCE OFFICER & PRESIDENT; MEMBER; PRESIDENT | — |
| [COHEN DAVID ANDREW](https://search.stillhousedata.com/person/845886) | CHAIRMAN; TRUSTEE | — |
| [SCHWAB MATTHEW BENJAMIN](https://search.stillhousedata.com/person/845887) | SENIOR PORTFOLIO MANAGER | — |
| [GRANTHAM LARRY WILLIAM](https://search.stillhousedata.com/person/845888) | MANAGING PRINCIPAL; SENIOR PORTFOLIO MANAGER | — |
| [CHANG DEAN KAO](https://search.stillhousedata.com/person/845889) | GENERAL COUNSEL; GENERAL COUNSEL & CHIEF COMPLIANCE OFFICER; PRINCIPAL/GENERAL COUNSEL (+1 more) | — |
| [SATO MARK HIROICHI](https://search.stillhousedata.com/person/876212) | CHIEF FINANCIAL OFFICER | — |


## Private funds (5)

| Fund | Type | Formed | Owners | GAV | Min investment |
| --- | --- | --- | --- | --- | --- |
| CALMWATER REAL ESTATE CREDIT FUND IV, LP | Real Estate Fund | Delaware | 28 | $497.1M | $5.0M |
| U.S. REAL ESTATE CREDIT FUND III, LP | Real Estate Fund | Delaware | 20 | $106.4M | $5.0M |
| U.S. REAL ESTATE CREDIT MINIMASTER FUND III, LP | Real Estate Fund | Cayman Islands | 18 | $104.1M | $5.0M |
| CALMWATER REAL ESTATE CREDIT FUND IV (PF), LP | Real Estate Fund | Delaware | 2 | $58.3M | $5.0M |
| CALMWATER CAPITAL 3, LLC | Real Estate Fund | California | 1 | $26.6M | $5.0M |


## Fund service providers (2)

- administrator: GEN II FUND SERVICES LLC — 3 funds
- administrator: GEN II FUND SERVICES

## Related pages

- Form ADV Part 2 brochure: https://search.stillhousedata.com/firm/282617/brochure
- Similar advisers: https://search.stillhousedata.com/firm/282617/similar
- Related entities: https://search.stillhousedata.com/firm/282617/related
- SEC IAPD (source of record): https://adviserinfo.sec.gov/firm/summary/282617

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Source: public SEC Form ADV data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.