Transwestern Investment Management, Llc
- Regulatory AUM
- $3.7B
- Discretionary
- $937M
- Clients
- 7
- Avg AUM / client
- $535M
- Accounts
- 7
- Employees
- 31
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 5 | $1.5B | 40.3% |
| Other | 2 | $2.2B | 59.7% |
Private funds (7)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $1.2B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Transwestern Strategic Partners Fund Iii, L.P. | Real Estate Fund | Delaware | $451M | 89 |
| Mip Master Partnership Ii, Lp | Real Estate Fund | Delaware | $329M | 2 |
| Corporate Properties Trust Ii, Lp | Real Estate Fund | Delaware | $226M | 2 |
| Tsp Value And Income Fund Ii, Lp | Real Estate Fund | Delaware | $123M | 23 |
| Diversified International Partners (Equity), L.P. | Real Estate Fund | Delaware | $14.8M | 92 |
| Diversified International Partners (Debt), L.P. | Real Estate Fund | Delaware | $9.9M | 92 |
| Corporate Properties Trust I, Lp | Real Estate Fund | Delaware | $9.7M | 3 |
People (9)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Duncan, Robert, Douglas | Chairman | Oct 2010 (16y) | ≈ 18.75% – 50% via Transwestern Investment Group, Llc | |
| Heard, Lawrence, Pike | Chief Executive Officer | Oct 2010 (16y) | Less than 5% | |
| Bourgeois, Reid, Michael | Chief Compliance Officer And Chief Financial Officer | Jun 2017 (9y) | Less than 5% | |
| Hazen, Charles, Nicholas | President | Sep 2017 (9y) | Less than 5% | |
| Garancis, Paul | Executive Managing Director, Head Of Portfolio Management | Jun 2022 (4y) | Less than 5% | |
| Jaye, Gary, Raymond | Chief Investment Officer | Oct 2022 (4y) | Less than 5% | |
| Collin Keith Comer | Registered representative | May 2012 (14y) | ||
| Juan Roberto Deangulo | Registered representative | May 2012 (14y) | ||
| Laurie Litherland Dotter | Registered representative | May 2012 (14y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Transwestern Investment Group, Llc | Member, Transwestern Investment Management, Llc And Transwestern Strategic Partners, Llc | Mar 2011 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Duncan, Robert, Douglas: 25% – 50% of Transwestern Investment Group, Llc × 75% – 100% direct ≈ 18.75% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (7, $1.2B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Transwestern Strategic Partners Fund Iii, L.P. | Real Estate Fund | $451M | $1.0M | 89 |
| Mip Master Partnership Ii, Lp | Real Estate Fund | $329M | $0 | 2 |
| Corporate Properties Trust Ii, Lp | Real Estate Fund | $226M | $20.0M | 2 |
| Tsp Value And Income Fund Ii, Lp | Real Estate Fund | $123M | $10.0M | 23 |
| Diversified International Partners (Equity), L.P. | Real Estate Fund | $14.8M | $250K | 92 |
| Diversified International Partners (Debt), L.P. | Real Estate Fund | $9.9M | $250K | 92 |
| Corporate Properties Trust I, Lp | Real Estate Fund | $9.7M | $20.0M | 3 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 2.48 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Performance-based fees
- • Other fees
- • ACQUISITION FEE
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Wells Fargo $6.8M (0% of AUM) Mar 2018
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗