Get premium alternative investment insights

Get the Briefing
EDGAR Verified
Primary Source · SEC.gov

Ares US Real Estate Fund X, L.P.

CIK 0001866953Fund Vehicle2022 vintage506(b), 3(c)

Raised

$1.8B

Investors

545

Min Invest

$0

AltStreet Analysis

·

Generated from EDGAR primary sources

Ares US Real Estate Fund X, L.P. is a Delaware limited partnership filing under Rule 506(b) and Section 3(c), having raised $1,831.1M from 545 investors as of this amended filing dated October 11, 2022. The offering has no stated minimum investment. It is managed by Ares Real Estate Management Holdings, LLC with senior executives including David Roth, Howard Huang, and Michael Arougheti.

This real estate fund represents a large institutional-scale pooled investment vehicle typical of the Rule 506(b) / 3(c) exemption pattern used by established alternative asset managers. The $0 stated minimum on a $1.8B+ raise with 545 investors is atypical for institutional funds of this size, suggesting either a data reporting artifact or broad distribution including smaller accredited investors.

Data Flags

minimum_investment$0 stated minimum investment on a $1.83B raise with 545 investors suggests either reporting omission or unusually broad distribution for a fund of this scale
investor_count545 investors yielding average commitment of ~$3.36M suggests mix of institutional and individual accredited investors, unusual for funds of this magnitude

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001866953
Entity NameAres US Real Estate Fund X, L.P.
Exemption506(b), 3(c)
First Sale Date
Filing DateOctober 11, 2022
Accession Number0001866953-22-000002
Total Amount Sold$1.8B
Total Investors545
Minimum Investment$0 (no stated minimum)
Securities TypePooled Investment Fund
State of IncorporationNot specified
Amendment CountOriginal filing only

Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

General Partner Ares US Real Estate Advisors X, L.P.

Executive Officer · Los Angeles, CA

Manager Ares Real Estate Management Holdings, LLC

Executive Officer · Los Angeles, CA

David Roth

Executive Officer · New York, NY

Howard Huang

Executive Officer · Los Angeles, CA

Jay Glaubach

Executive Officer · Los Angeles, CA

William Benjamin

Executive Officer · London, X0

Michael Arougheti

Executive Officer · Los Angeles, CA

Keith Kooper

Executive Officer · New York, NY

Jessica Mattoon

Executive Officer · New York, NY

Julie Solomon

Executive Officer · New York, NY

Is this your offering?

Claim this profile to add contact information, team members, LinkedIn profiles, fund history, and additional financial data. EDGAR-sourced data and AltStreet analysis cannot be edited, but corrections can be requested for verifiable inaccuracies.

Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. AltStreet analysis (summaries, flags, category context) is generated by Claude from this primary source data and reviewed for accuracy. Platform-provided information (if present) is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. EDGAR data is verified read-only — platforms may request factual corrections for demonstrable inaccuracies by contacting research@altstreet.investments. This page does not constitute investment advice.