Jv Management Llc
- Regulatory AUM
- $5.0B
- Discretionary
- $5.0B
- Clients
- 49
- Avg AUM / client
- $102M
- Accounts
- 49
- Employees
- 25
AUM over time
Annual snapshots from Form ADV filings · as of May 06, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| High net worth individuals | 3 | $437M | 8.78% |
| Pooled investment vehicles (non-investment companies) | 33 | $2.1B | 42.7% |
| Insurance companies | 12 | $2.2B | 43.5% |
| Sovereign wealth funds and foreign official institutions | 1 | $254M | 5.09% |
Private funds (22)
View all →Reported in Form ADV Section 7.B.(1), filing of Oct 2024 · $1.3B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| 375 Pa Cre Holdco Llc master | Real Estate Fund | Delaware | $356M | 27 |
| 66 Th Street Cre Holdco Llc master | Real Estate Fund | Delaware | $205M | 20 |
| Jvp Cred Fund I, Lp master | Real Estate Fund | Delaware | $188M | 22 |
| Go Jv Investor Llc master | Real Estate Fund | Delaware | $130M | 19 |
| 217 Pt Cre Holdco Llc master | Real Estate Fund | Delaware | $100M | 9 |
| Jvp Mc Cre Llc master | Real Estate Fund | Delaware | $75.0M | 25 |
| Slr Jv Investor Llc master | Real Estate Fund | Delaware | $55.5M | 18 |
| 9908 Sm Holdco Llc master | Real Estate Fund | Delaware | $45.3M | 25 |
| 66 Th Street Cre Holdco Ii Llc master | Real Estate Fund | Delaware | $41.2M | 19 |
| Snag Cre Investor Llc | Real Estate Fund | Delaware | $30.0M | 6 |
| River Cre Holdco Llc | Real Estate Fund | Delaware | $21.8M | 2 |
| 217 Pt Cre Iii Llc master | Real Estate Fund | Delaware | $20.0M | 3 |
| Sunshine Jvp Cp8 Investor Llc | Real Estate Fund | Delaware | $13.9M | 9 |
| Sunshine Jvp Cp Investor Llc | Real Estate Fund | Delaware | $12.8M | 5 |
| Cpw Cre Investor Llc | Real Estate Fund | Delaware | $5.8M | 11 |
People (3)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Illuzzi, John, Philip | Partner / Member | Sep 2014 (12y) | 50% – 75% | |
| Nguyen, Van, Thanh | Partner / Member | Sep 2014 (12y) | 50% – 75% | |
| Akhtar, Jehan, Mohsin | Chief Compliance Officer | Jan 2023 (4y) | Less than 5% |
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 (22, $1.3B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| 375 Pa Cre Holdco Llc | Real Estate Fund | $356M | $0 | 27 |
| 66 Th Street Cre Holdco Llc | Real Estate Fund | $205M | $0 | 20 |
| Jvp Cred Fund I, Lp | Real Estate Fund | $188M | $0 | 22 |
| Go Jv Investor Llc | Real Estate Fund | $130M | $0 | 19 |
| 217 Pt Cre Holdco Llc | Real Estate Fund | $100M | $0 | 9 |
| Jvp Mc Cre Llc | Real Estate Fund | $75.0M | $0 | 25 |
| Slr Jv Investor Llc | Real Estate Fund | $55.5M | $0 | 18 |
| 9908 Sm Holdco Llc | Real Estate Fund | $45.3M | $0 | 25 |
| 66 Th Street Cre Holdco Ii Llc | Real Estate Fund | $41.2M | $0 | 19 |
| Snag Cre Investor Llc | Real Estate Fund | $30.0M | $0 | 6 |
| River Cre Holdco Llc | Real Estate Fund | $21.8M | $0 | 2 |
| 217 Pt Cre Iii Llc | Real Estate Fund | $20.0M | $0 | 3 |
| Sunshine Jvp Cp8 Investor Llc | Real Estate Fund | $13.9M | $0 | 9 |
| Sunshine Jvp Cp Investor Llc | Real Estate Fund | $12.8M | $0 | 5 |
| Cpw Cre Investor Llc | Real Estate Fund | $5.8M | $0 | 11 |
| 4900 Mck Jv Llc | Real Estate Fund | $4.9M | $0 | 7 |
| Jv Civ Investor Llc | Real Estate Fund | $1.2M | $0 | 5 |
| Djva Investor Llc | Real Estate Fund | $503K | $0 | 11 |
| Mck Cre Holdco Llc | Real Estate Fund | $22.4K | $25.0K | 3 |
| Deer Valley Jv Investor Ii Llc | Real Estate Fund | $4.9K | $0 | 21 |
| Paragon Jv Holdings Ii Llc | Real Estate Fund | $1.3K | $0 | 2 |
| Deer Valley Jv Investor Llc | Real Estate Fund | $53 | $0 | 11 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/06/2026 | 4.99 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
- • Performance-based fees
- • Other fees
- • SEE SCHEDULE D MISCELLANEOUS COMMENTARY
Services
- • Portfolio management for pooled investment vehicles
- • Other services
Custody
Reported custodians
- T Bank, Na $1.6B (33% of AUM) May 2026
- Flagstar Bank, N.A. $933M (19% of AUM) May 2026
- Valley National Bank $790M (16% of AUM) May 2026
- First Republic Bank $5.3K (0% of AUM) Oct 2024
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having 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: May 06, 2026.
View current Form ADV (SEC/IAPD) ↗