L-A 2020 Recovery Capital, LLC
Real Estate FundFund ID 805-5892953872Delaware, United States
Gross assets
$88.5M
Min. investment
$5M
Beneficial owners
2
Size rank
Top 46%
Audited
Yes
Structure
Standalone
About this fund
L-A 2020 Recovery Capital, LLC is a real estate fund managed by Lubert-Adler Management Company, L.P.. The fund reports $88.5 million in gross assets, placing it among the top 46% of private funds by size. The stated minimum investment is $5 million. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-5892953872 |
| Fund type | Real Estate Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 0% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Lubert-Adler Rec Master Fund Ab, L.P. and Master Fund C, L.P. | Real Estate | $503.1M |
| Lubert-Adler Workforce Housing Fund, L.P. | Real Estate | $307.1M |
| Lubert-Adler Enhanced Private Credit Fund I, L.P. | Real Estate | $280.9M |
| Lubert-Adler Real Estate Fund VI, L.P. | Real Estate | $268.3M |
| Lubert-Adler Workforce Housing Fund Ii-Mb, L.P. | Real Estate | $214.5M |
| L-A 2023 Private Credit, LLC | Real Estate | $200.7M |
See all 26 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is L-A 2020 Recovery Capital, LLC?
L-A 2020 Recovery Capital, LLC reports $88.5 million in gross assets, among the top 46% of private funds by size.
What is the minimum investment for L-A 2020 Recovery Capital, LLC?
The stated minimum investment is $5 million.
Who manages L-A 2020 Recovery Capital, LLC?
L-A 2020 Recovery Capital, LLC is managed by Lubert-Adler Management Company, L.P.
Does L-A 2020 Recovery Capital, LLC disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager

Philadelphia, PA
Service providers
Prime broker
None reported
Custodian
Administrator
Auditor
Reported gross assets
$88.5M▼ 12%
Feb '25Form ADV, monthlyAug '26
How this fund compares
Gross assetsTop 46%
Larger than 54% of 67,603 private funds
Gross assets vs Real Estate FundsTop 35%
Larger than 65% of 5,864 real estate funds
Minimum investmentTop 17%
Higher than 83% of funds reporting a minimum
Investor base
Adviser & related persons5%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.