Investment advisers
The advisers that filed Form ADV this quarter, and the advisers reporting the most private funds — linked to the fund families they belong to.
- Advisers
- 41,123
- Form ADV registrants, registered or exempt
- Filed this quarter
- 4,446
- filed Form ADV in the past 90 days
- Private funds
- 198,747
- reported on Form ADV Schedule D
- Most private funds
- 22,277
- Platform Advisor, LLC
Advisers that filed Form ADV this quarter
4,446 filed in the past 90 days, by private funds reported
- Goldman Sachs Asset Management, L.P.1,286
- Icapital Advisors, LLC1,144
- Apollo Capital Management, L.P.711
- Ares Management LLC682
- Kohlberg Kravis Roberts & Co. L.P.630
All 41,123 advisers, each with its funds, owners and filings, are in the All planSee plans
Most advisers have a December year end and file their annual amendment within the 90 days after it, so this table is busiest in spring.
Advisers with the most private funds
By private funds reported on Form ADV Schedule D, then regulatory AUM
- Platform Advisor, LLC22,277
- Goldman Sachs Asset Management, L.P.1,286
- Icapital Advisors, LLC1,144
- Microangel Partners LLC843
- Alumni Ventures745
All 41,123 advisers, each with its funds, owners and filings, are in the All planSee plans
SPV platforms report each vehicle as a private fund, so they lead by count; regulatory AUM also counts accounts that are not private funds.
The groups these advisers roll up into. Largest fund families, by private funds' gross assets.
- Citadel Advisors LLC$1.1T
- Blackstone$890.4B
- Kohlberg Kravis Roberts & Co. L.P.$872.7B
- BlackRock Fund Advisors$820.6B
- Goldman Sachs Asset Management, L.P.$719.8B
| Citadel Advisors LLC37 private funds | $1.1T |
| Blackstone969 private funds | $890.4B |
| Kohlberg Kravis Roberts & Co. L.P.904 private funds | $872.7B |
| BlackRock Fund Advisors1,095 private funds | $820.6B |
| Goldman Sachs Asset Management, L.P.1,356 private funds | $719.8B |