Private fund adviser · New York, NY
Monarch
Monarch Alternative Capital LP · SEC-registered investment adviser · CRD 159465 · SEC 801-72915
At a glance
Monarch is an SEC-registered investment adviser based in New York, New York, with $16.7 billion in regulatory assets under management as of its Form ADV filed July 31, 2026. Its largest client group by assets is pooled investment vehicles. By Form ADV it is a private fund adviser, ranked 421st of 4,686 private fund advisers and 979th of 17,210 SEC-registered advisers by assets.
Main office 212-554-1700monarchlp.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $17B
- Rank among private fund advisers
- #421 of 4,686
- Rank among all SEC RIAs
- #979 of 17,210
- Rank in New York
- #267 of 2,591
- Clients
- 62
- Accounts
- 43
- Discretionary
- 97% of AUM
- Employees
- 107
- Advisory staff
- 42
- Offices
- 5
Owners and executives on its Form ADV
- Michael A. WeinstockExecutive Chairman
- Andrew J. HerensteinVice Chairman
- Christopher M. SantanaChief Executive Officer, Co-Chief Investment Officer
- Stacey H. MamanPresident
- Ronen N. VoloshinManaging Director, General Counsel & Chief Compliance Officer
- Hannah G. EllisManaging Principal & Chief Financial Officer
- Colin J. DanielsManaging Director, General Counsel
- Adam R. SklarCo-Chief Investment Officer
Custody and brokerage
Custodian
Monarch’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 | 62 | $17B | 99% |
| Other investment advisers | – | $98M | <1% |
Private funds
Monarch reports 44 private funds with $34B in gross assets: hedge funds, other private funds (Form ADV Item 7.B).
Disciplinary disclosures
Monarch reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- 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 ↗monarchlp.com ↗
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The full record on Monarch
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
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- Growth over one, three and five years
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- Rank against 752 peers of its type and size
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- Owners and executives, with titles and stakes
- 8 namedLocked
- Main office, fax and compliance officer
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- 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 Monarch manage?
Monarch reports $16.7 billion in regulatory assets under management across 43 accounts, 97% of it on a discretionary basis, on its Form ADV filed July 31, 2026.
What kind of firm is Monarch?
Monarch is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets.
Who are Monarch’s clients?
By assets, its largest client types are pooled investment vehicles ($16.6 billion, 62 clients); other investment advisers ($98 million).
Does Monarch manage private funds?
Yes. It reports 44 private funds with $34.4 billion in gross assets, including hedge funds, other private funds.
Does Monarch have any disciplinary history?
Monarch 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 Monarch’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 (2026-07-31), 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 →