Multi-Family OfficeRIA · CRD 161789SEC-RegisteredPrivate Fund Adviser

Updated:

The Praedium Group

The Praedium Group LLC is an SEC-registered investment adviser in Boca Raton, FL, since 2012. It manages approximately $1.7 billion in assets.

The Praedium Group

The Praedium Group LLC is an SEC-registered investment adviser in Boca Raton, FL, since 2012. It manages approximately $1.7 billion in assets. The firm has 10 employees and 10 investment advisers.

General information

Firm type

Multi Family Office

Year founded

1991

Location

Region

North America

Country

United States

City

Boca Raton

Corporate office

New York, NY, United States

Additional offices

Los Angeles · London

Principals

Russell L. Galbut

Founder & CEO

Michael Swerdlow

Co-Founder

Samuel A. Sutton

Managing Director

Sector focus

Real EstatePrivate CreditInfrastructure

Frequently asked questions

Who runs investment decisions at The Praedium Group?

Russell Galbut serves as Founder and CEO, with Michael Swerdlow as Co-Founder. The firm's investment committee, which includes senior managing directors, approves all deals on a deal-by-deal basis (per public record).

How does The Praedium Group source proprietary deal flow?

The firm sources deals through its network of family office principals, long-standing relationships with institutional partners, and direct outreach to owners of off-market assets. It does not rely on auctions or broker-led processes.

Is The Praedium Group structured as a single family office or does it operate more like a real estate firm?

It is a multi-family office with a core real estate operating platform. The firm deploys capital from the founding families and select co-investors, but its team functions as an active asset manager rather than a passive allocator.

Does The Praedium Group participate in fund commitments or only direct deals?

The firm primarily does direct deals, including joint ventures and co-investments. It does not operate commingled blind pool funds, though it has raised capital for specific projects from institutional partners (per public record).

What investment stages does The Praedium Group typically target?

The firm focuses on opportunistic and value-add strategies, including distressed acquisitions, repositioning, and bridge financing. It targets properties with operational or capital-improvement upside.

Where does the underlying wealth come from?

The firm's capital base comes from the Galbut and Swerdlow families, built through prior real estate development and legal practice in Florida and New York (per public record).

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