Private fund adviser · Cincinnati, OH
HPE Capital Management II, LLC
SEC-registered investment adviser · CRD 283607 · SEC 801-117101
At a glance
HPE Capital Management II, LLC is an SEC-registered investment adviser based in Cincinnati, Ohio, with $840 million in regulatory assets under management as of its Form ADV filed September 17, 2026. Its largest client group by assets is pooled investment vehicles. By Form ADV it is a private fund adviser, ranked 2,487th of 4,686 private fund advisers and 5,932nd of 17,210 SEC-registered advisers by assets.
Main office 513-745-9200hauserprivateequity.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $840M
- Rank among private fund advisers
- #2,487 of 4,686
- Rank among all SEC RIAs
- #5,932 of 17,210
- Rank in Ohio
- #122 of 403
- Clients
- 5
- Accounts
- 5
- Discretionary
- 100% of AUM
- Employees
- 6
- Advisory staff
- 5
- Offices
- 3
Owners and executives on its Form ADV
- Mark J. HauserPartner/member
- Paul M. SwansonPartner/member
- Philip G. RiolaChief Compliance Officer
Custody and brokerage
Custodian
HPE Capital Management II, LLC’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pooled investment vehicles | 5 | $840M | 100% |
Private funds
HPE Capital Management II, LLC reports 11 private funds with $1.2B in gross assets: private equity funds, venture capital funds, other private funds (Form ADV Item 7.B).
Disciplinary disclosures
HPE Capital Management II, LLC 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 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 ↗hauserprivateequity.com ↗
AtlasMembers
The full record on HPE Capital Management II, LLC
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, 6 years of filings
- Locked
- Growth over one, three and five years
- Locked
- Rank against 2,227 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 3 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 3Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does HPE Capital Management II, LLC manage?
HPE Capital Management II, LLC reports $840 million in regulatory assets under management across 5 accounts, 100% of it on a discretionary basis, on its Form ADV filed September 17, 2026.
What kind of firm is HPE Capital Management II, LLC?
HPE Capital Management II, LLC is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets.
Who are HPE Capital Management II, LLC’s clients?
By assets, its largest client types are pooled investment vehicles ($840 million, 5 clients).
Does HPE Capital Management II, LLC manage private funds?
Yes. It reports 11 private funds with $1.2 billion in gross assets, including private equity funds, venture capital funds, other private funds.
Does HPE Capital Management II, LLC have any disciplinary history?
HPE Capital Management II, LLC 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 HPE Capital Management II, LLC’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 (2026-09-17), 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 →