Private fund adviser · New York, NY
Zephyr Management, L.P.
SEC-registered investment adviser · CRD 129683 · SEC 801-128453
At a glance
Zephyr Management, L.P. is an SEC-registered investment adviser based in New York, New York, with $256 million in regulatory assets under management as of its Form ADV filed March 17, 2026. Its largest client group by assets is pooled investment vehicles, and it reports 3 individual clients. By Form ADV it is a private fund adviser, ranked 3,775th of 4,686 private fund advisers and 10,954th of 17,210 SEC-registered advisers by assets.
Main office 212-508-9400zephyrpeacock.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $256M
- Rank among private fund advisers
- #3,775 of 4,686
- Rank among all SEC RIAs
- #10,954 of 17,210
- Rank in New York
- #1,814 of 2,591
- Individual clients
- 3
- High-net-worth clients
- 3
- Accounts
- 34
- Discretionary
- 95% of AUM
- Employees
- 22
- Advisory staff
- 13
- Offices
- 1
Owners and executives on its Form ADV
- Thomas C. BarryChairman, CCO and Limited Partner
- Konstantina KeriazesSecretary and Limited Partner
- Mukul GulatiCEO, CIO, President and Limited Partner
- Pankaj R. RainaLimited Partner
- Timothy B. HorsburghLimited Partner
- Nikhil SultaniaLimited Partner
Custody and brokerage
Custodian
Zephyr Management, L.P.’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 | 30 | $244M | 95% |
| Other | 1 | $12M | 5% |
| High-net-worth individuals | 3 | $1M | <1% |
Private funds
Zephyr Management, L.P. reports 27 private funds with $244M in gross assets: hedge funds, private equity funds (Form ADV Item 7.B).
Disciplinary disclosures
Zephyr Management, L.P. reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Other services
How it’s paid
- A percentage of assets under management
- Performance-based fees
- Other
Form ADV and brochures on the SEC’s adviser search ↗zephyrpeacock.com ↗
AtlasMembers
The full record on Zephyr 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, 2 years of filings
- Locked
- Growth over one, three and five years
- Locked
- Rank against 1,922 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
- 1Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Zephyr Management, L.P. manage?
Zephyr Management, L.P. reports $256 million in regulatory assets under management across 34 accounts, 95% of it on a discretionary basis, on its Form ADV filed March 17, 2026.
What kind of firm is Zephyr Management, L.P.?
Zephyr 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 Zephyr Management, L.P.’s clients?
By assets, its largest client types are pooled investment vehicles ($244 million, 30 clients); other ($12 million, 1 clients); high-net-worth individuals ($673,294, 3 clients).
Does Zephyr Management, L.P. manage private funds?
Yes. It reports 27 private funds with $244 million in gross assets, including hedge funds, private equity funds.
Does Zephyr Management, L.P. have any disciplinary history?
Zephyr Management, L.P. 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 Zephyr 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 (2026-03-17), 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 →