Private fund adviser · Baltimore, MD
Greenhouse Funds Lllp
SEC-registered investment adviser · CRD 169840 · SEC 801-80782
At a glance
Greenhouse Funds Lllp is an SEC-registered investment adviser based in Baltimore, Maryland, with $2.9 billion in regulatory assets under management as of its Form ADV filed September 11, 2026. Its largest client group by assets is pooled investment vehicles. By Form ADV it is a private fund adviser, ranked 1,329th of 4,686 private fund advisers and 2,870th of 17,210 SEC-registered advisers by assets.
Main office 443-759-4633greenhousefunds.comAs filed on Form ADV
- Regulatory AUM
- $2.9B
- Rank among private fund advisers
- #1,329 of 4,686
- Rank among all SEC RIAs
- #2,870 of 17,210
- Rank in Maryland
- #43 of 227
- Clients
- 11
- Accounts
- 12
- Discretionary
- 100% of AUM
- Employees
- 9
- Advisory staff
- 5
- Offices
- 1
Owners and executives on its Form ADV
- Joseph M. MilanoChief Investment Officer
- Patrick J. MitchellChief Financial Officer/chief Compliance Officer
- Joseph M. MilanoDirector
- Joseph M. MilanoTrustee
- Kirsten T. MilanoTrustee
- Charles R. ReeseDirector
- Charles A. MorrisLimited Partner
- Charles A. MorrisDirector
- John J. NeisDirector
- Patrick J. MitchellLimited Partner
- Scott C. BarryLimited Partner
- Benjamin D. LandyLimited Partner
Custody and brokerage
Broker-dealer
Affiliated broker-dealer
It names affiliated broker-dealers: Baird Strategas LLC and Robert W. Baird & Co. Incorporated.
- Baird Strategas LLC ↗CRD 149326
- Robert W. Baird & Co. Incorporated ↗CRD 8158
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pooled investment vehicles | 9 | $2.6B | 89% |
| State or municipal government entities | – | $200M | 7% |
| Investment companies | 2 | $128M | 4% |
Private funds
Greenhouse Funds Lllp reports 4 private funds with $2.4B in gross assets: hedge funds (Form ADV Item 7.B).
Disciplinary disclosures
Greenhouse Funds Lllp reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗greenhousefunds.com ↗
AtlasMembers
The full record on Greenhouse Funds Lllp
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, ten years of filings
- Locked
- Growth over one, three and five years
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- Rank against 1,653 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 16 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 2Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Greenhouse Funds Lllp manage?
Greenhouse Funds Lllp reports $2.9 billion in regulatory assets under management across 12 accounts, 100% of it on a discretionary basis, on its Form ADV filed September 11, 2026.
What kind of firm is Greenhouse Funds Lllp?
Greenhouse Funds Lllp is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets.
Who are Greenhouse Funds Lllp’s clients?
By assets, its largest client types are pooled investment vehicles ($2.6 billion, 9 clients); state or municipal government entities ($200 million); investment companies ($128 million, 2 clients).
Does Greenhouse Funds Lllp manage private funds?
Yes. It reports 4 private funds with $2.4 billion in gross assets, including hedge funds.
Does Greenhouse Funds Lllp have any disciplinary history?
Greenhouse Funds Lllp reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Greenhouse Funds Lllp’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 (2026-09-11), 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 →