Private fund adviser · Austin, TX
Sali Fund Services
Sali Fund Management, LLC · SEC-registered investment adviser · CRD 124235 · SEC 801-61702
At a glance
Sali Fund Services is an SEC-registered investment adviser based in Austin, Texas, with $46.0 billion in regulatory assets under management as of its Form ADV filed August 25, 2026. Its largest client group by assets is pooled investment vehicles. By Form ADV it is a private fund adviser, ranked 173rd of 4,686 private fund advisers and 465th of 17,210 SEC-registered advisers by assets.
Main office 512-735-7254sali.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $46B
- Rank among private fund advisers
- #173 of 4,686
- Rank among all SEC RIAs
- #465 of 17,210
- Rank in Texas
- #13 of 1,081
- Clients
- 246
- Accounts
- 335
- Discretionary
- 100% of AUM
- Employees
- 79
- Advisory staff
- 5
- Offices
- 1
Owners and executives on its Form ADV
- Chi ChangChief Compliance Officer / General Counsel
- Gregory W. BellushChief Financial Officer
- Jonas C. KatzChief Marketing Officer
- Cameron J. VailManaging Director
- James P. PhilpDirector of Investment Research
- Lana K BergsteinChief Operating Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Sali Fund Services is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer.
Form ADV Part 1 doesn’t name an unaffiliated broker-dealer. The firm’s Part 2A brochure (Item 10) and each adviser’s record on the SEC’s adviser search do.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pooled investment vehicles | 240 | $45B | 98% |
| Insurance companies | 6 | $1.0B | 2% |
Private funds
Sali Fund Services reports 240 private funds with $42B in gross assets: hedge funds, private equity funds, venture capital funds, real estate funds, securitized asset funds, other private funds (Form ADV Item 7.B).
Disciplinary disclosures
Sali Fund Services 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
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗sali.com ↗
AtlasMembers
The full record on Sali Fund Services
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 387 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 6 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 10Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Sali Fund Services manage?
Sali Fund Services reports $46.0 billion in regulatory assets under management across 335 accounts, 100% of it on a discretionary basis, on its Form ADV filed August 25, 2026.
What kind of firm is Sali Fund Services?
Sali Fund Services is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets.
Who are Sali Fund Services’s clients?
By assets, its largest client types are pooled investment vehicles ($45.0 billion, 240 clients); insurance companies ($1.0 billion, 6 clients).
Does Sali Fund Services manage private funds?
Yes. It reports 240 private funds with $42.4 billion in gross assets, including hedge funds, private equity funds, venture capital funds, real estate funds, securitized asset funds, other private funds.
Does Sali Fund Services have any disciplinary history?
Sali Fund Services 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 Sali Fund Services’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 (2026-08-25), 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 →