LaSalle Global Employee Co-Investment Fund B L.P., in respect of LRECS Founding - Class C

The absence of any prior EDGAR filings from this GP indicates LaSalle Global is either filing for the first time or operating through subsidiaries not yet visible in the database; the 06b exemption (pre-existing relationships only) and single unnamed GP slot point to an internal or affiliate-managed vehicle designed to minimize disclosure and restrict access to existing LaSalle stakeholders and employees.

A mid-2026 filing for an employee co-investment fund reflects LaSalle's timing around a broader fund close or portfolio deployment cycle; employee co-invest vehicles typically launch after anchor institutional commitments are secured, signaling that a primary fund likely reached its target within the prior 6-9 months.

Allocators should confirm whether this Class C vehicle has pari passu terms with other share classes or subordinated economics, and verify the co-invest minimum and clawback mechanics—employee funds often carry idiosyncratic GP/LP fee splits and vesting schedules that diverge materially from institutional terms.