# Aetos Capital Real Estate

> Aetos Capital Real Estate is an SEC-registered investment advisory firm in Greenwich, CT, registered since 2012, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 12, 2026.

- CRD: 156128
- Filed as: AETOS CAPITAL REAL ESTATE
- Legal name: ACA II Advisors, LLC
- Also doing business as: ACA III ADVISORS, LLC (RELYING ADVISOR), ACA IV ADVISORS, LLC (RELYING ADVISOR), AETOS CAPITAL ASIA GP, L.P. (RELYING ADVISOR), AETOS CAPITAL ASIA LIMITED, AETOS CAPITAL REAL ESTATE, LP (RELYING ADVISOR)
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Greenwich, CT
- Filing period: October 2026
- Form ADV filing dated: July 12, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/156128
- AdvisorCensus page: https://advisorcensus.com/firm/aetos-capital-real-estate-greenwich-ct-156128

## Quick answers

**How is Aetos Capital Real Estate compensated?**
On its Form ADV (Item 5.E, October 2026), Aetos Capital Real Estate reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Aetos Capital Real Estate located?**
Aetos Capital Real Estate's principal office is in Greenwich, CT, according to its Form ADV; the August 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Aetos Capital Real Estate registered with the SEC or a state?**
Aetos Capital Real Estate is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 156128.

**How much does Aetos Capital Real Estate manage?**
Aetos Capital Real Estate reports $189,717,622 in regulatory assets under management in its Form ADV filing dated July 12, 2026 (100% discretionary).

**How have Aetos Capital Real Estate's assets and staff changed since 2021?**
In the Form ADV data for Aetos Capital Real Estate: Regulatory assets under management: $332,309,850 in the October 2021 data and $189,717,622 in the October 2026 data, down 43%. Total employees: 16 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Aetos Capital Real Estate serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (8).

**Does Aetos Capital Real Estate report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/156128

**What changed in Aetos Capital Real Estate's recent Form ADV filings?**
In the June 2026 filing data: Changed its office addresses in Tokyo.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $189,717,622
- Discretionary: $189,717,622
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 8 | $189,717,622 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2012 (14 years)
- Employees: 14 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Central
- Tokyo

### Websites listed on Form ADV (Item 1.I)
- [aetoscapitalasia.com](https://aetoscapitalasia.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $332,309,850 | 16 | March 31, 2021 |
| October 2022 | $255,164,425 | 16 | April 30, 2022 |
| October 2023 | $233,451,902 | 16 | March 31, 2023 |
| October 2024 | $215,729,260 | 14 | July 7, 2024 |
| October 2025 | $206,929,598 | 14 | April 30, 2025 |
| October 2026 | $189,717,622 | 14 | July 12, 2026 |

Regulatory assets under management: $332,309,850 in the October 2021 data and $189,717,622 in the October 2026 data, down 43%.
Total employees: 16 in October 2021 and 14 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Changed its office addresses in Tokyo.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Aetos Capital Real Estate (CRD 156128): Form ADV filing data as of October 2026.