Private fund adviser · Chicago, IL
Alerce Investment Management, L.P.
SEC-registered investment adviser · CRD 285746 · SEC 801-108686
At a glance
Alerce Investment Management, L.P. is an SEC-registered investment adviser based in Chicago, Illinois, with $227 million in regulatory assets under management as of its Form ADV filed March 27, 2026. Its largest client group by assets is pooled investment vehicles, and it reports 12 individual clients. By Form ADV it is a private fund adviser, ranked 3,918th of 4,686 private fund advisers and 11,603rd of 17,210 SEC-registered advisers by assets.
Main office 312-448-5500As filed on Form ADV
- Regulatory AUM
- $227M
- Rank among private fund advisers
- #3,918 of 4,686
- Rank among all SEC RIAs
- #11,603 of 17,210
- Rank in Illinois
- #513 of 684
- Individual clients
- 12
- High-net-worth clients
- 12
- Accounts
- 26
- Discretionary
- 100% of AUM
- Employees
- 4
- Advisory staff
- 2
- Offices
- 1
Owners and executives on its Form ADV
- Muneer A. SatterManaging Partner
- Laura GrayChief Compliance Officer, Chief Financial Officer and Chief Operating Officer
Custody and brokerage
3 custodians
- Computershare Trust Company$4M44%
- BNY Pershing$3M35%
- Merrill / Bank of America$2M21%
Other RIAs using Computershare Trust CompanyOther multi-custodian RIAs
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pooled investment vehicles | 13 | $218M | 96% |
| High-net-worth individuals | 12 | $5M | 2% |
| Charitable organizations | – | $4M | 2% |
Private funds
Alerce Investment Management, L.P. reports 13 private funds with $218M in gross assets: private equity funds (Form ADV Item 7.B).
Disciplinary disclosures
Alerce Investment Management, L.P. answers yes to 2 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗
AtlasMembers
The full record on Alerce Investment Management, L.P.
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 9 years of filings
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- Growth over one, three and five years
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- Rank against 1,823 peers of its type and size
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- Owners and executives, with titles and stakes
- 2 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Alerce Investment Management, L.P. manage?
Alerce Investment Management, L.P. reports $227 million in regulatory assets under management across 26 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 27, 2026.
What kind of firm is Alerce Investment Management, L.P.?
Alerce Investment Management, L.P. is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets.
Who are Alerce Investment Management, L.P.’s clients?
By assets, its largest client types are pooled investment vehicles ($218 million, 13 clients); high-net-worth individuals ($5 million, 12 clients); charitable organizations ($4 million).
Does Alerce Investment Management, L.P. manage private funds?
Yes. It reports 13 private funds with $218 million in gross assets, including private equity funds.
Does Alerce Investment Management, L.P. have any disciplinary history?
Alerce Investment Management, L.P. answers yes to 2 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Alerce Investment Management, L.P.’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-27), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →