INDUSAGE GLOBAL CAPITAL MANAGERS

Indusage files as an exempt reporting adviser, not a fully registered RIA, based on its regulatory history under the Investment Advisers Act. Exempt status suits a manager that raises capital exclusively from accredited investors through private placement memoranda rather than offering advisory services to a broad public clientele. The firm has never filed a Form ADV with the SEC.

Based on its Form D filings and sponsor co-filing network, Indusage originates transitional commercial and multifamily loans — typically bridge loans with terms of 12 to 36 months, and structured preferred equity positioned behind senior mortgages. The firm's target returns, disclosed in offering documents, point to a senior stretch or mezzanine credit profile rather than first-mortgage agency lending.

The firm's regulatory footprint shows no co-filing history with banks, insurance companies, or publicly traded mortgage REITs. Its capital appears to come entirely from pooled private vehicles, suggesting a self-contained origination-and-hold model. Sponsors likely use Indusage as a sole-source bridge provider rather than as part of a syndicated loan structure.

No named principals, portfolio managers, or investment committee members are identified in public filings. The firm's Form D filings list the entity itself as the executive officer and director, a structure permitted under Delaware law that does not reveal individual decision-makers. This is common among smaller private funds that do not maintain public-facing brands.

All of Indusage's SEC Form D filings rely on Rule 506(b) of Regulation D, which prohibits general solicitation and advertising. Capital is raised through private networks of accredited investors, likely including high-net-worth individuals, family offices, and pooled-vehicle feeders. This restriction explains the absence of a public website or marketing materials.