About the Manager Database

Hedge Fund Alert’s Manager Database offers detailed views of more than 2,000 fund-management firms and the hedge funds they run. The information is culled from Form ADV disclosures that fund managers file with the SEC and from Hedge Fund Alert’s own research.

The database is made up of fund operators that manage at least $150 million in the U.S. Such firms must register with the SEC as investment advisors and file the detailed disclosures. It also lists smaller fund managers, but generally offers less detail on those firms. Excluded are hedge fund managers that don’t do business in the U.S.

The Manager Database doesn’t report hedge fund performance.

Users of the database can:

  • Sort fund-management firms by asset size, investment strategy, location, number of employees and other characteristics.
  • Sort individual hedge funds by asset size, investment strategy, number of investors and other characteristics.
  • List service providers for every management firm and the funds they run, and create rosters of each service provider’s hedge fund clients.
  • Identify owners and executives of registered management firms.
  • Learn if a firm has been involved with any disciplinary actions involving courts, regulators or exchanges.

Fields   |  Sample

Go to Database

Fields


Manager:

Field Name Detailed Description
Manager's CRD # Manager's CRD number, which is assigned to registered investment advisors and broker-dealers by Finra's central registration depository system
Manager's SEC # Manager's file number, which is assigned by SEC to registered investment advisors
Strategy  Primary investment strategy employed by manager's hedge fund(s)
Address Address of manager's main office
Phone Telephone number of manager's main office
Website Manager's main website address
Founded Year when manager was established
Fiscal yearend Last day of manager's fiscal year
Accountant Name of independent public accountant engaged to audit manager's funds

Size

Field Name Detailed Description
Discretionary regulatory AUM ($Mil.) Manager's total discretionary regulatory assets under management, including leveraged assets
Net AUM ($Mil.) Manager's total discretionary and non-discretionary assets under management, excluding leverage to reflect only equity held by investors
As-of date for net AUM As-of date for manager's discretionary net assets under management
Number of funds and accounts Number of discretionary accounts, such as hedge funds and separate accounts overseen by manager
Number of hedge funds Number of hedge funds the manager operated during its most recently completed fiscal year, excluding feeder funds
Gross hedge fund AUM ($Mil.) Gross assets, including leverage, held in hedge funds, but not in separate accounts or other discretionary accounts
Number of employees Number of people employed by manager
Number of investment professionals Number of manager employees who perform investment-advisory functions, including research and trading

Disciplinary Action

Field Name Detailed Description
Felony conviction In the past 10 years, has manager or an advisory affiliate been convicted of or pled guilty or no contest to a felony charge in a domestic, foreign or military court?
Felony charge In the past 10 years, has manager or any advisory affiliate been charged with a felony?
Misdemeanor conviction In the past 10 years, has manager or an advisory affiliate been convicted of or pled guilty or no contest to an investment-related misdemeanor or to fraud, false statements or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, extortion, or conspiracy to commit any of those offenses?
Found in violation by SEC or CFTC Has manager or an advisory affiliate ever been found by the SEC or CFTC to have made a false statement or omission or have been in violation of regulations or statutes?
Sanctioned/disciplined by SEC or CFTC Has manager or an advisory affiliate ever been suspended, restricted, ordered to cease and desist, fined or otherwise disciplined by the SEC or CFTC?
Sanctioned by other regulators Has another federal, state or foreign regulatory authority ever taken action against manager or an advisory affiliate for regulatory or statutory violations, or dishonest or unethical behavior?
Sanctioned by an SRO or exchange Has a self-regulatory organization or an exchange ever disciplined manager or an advisory affiliate, or found manager or an affiliate in violation of its rules?
Revocation/suspension Has authorization to act as an attorney, accountant or federal contractor ever been revoked or suspended from manager or an advisory affiliate?
Pending proceeding Is manager or an advisory affiliate the subject of a regulatory proceeding that could result in a "yes" answer to any of the above questions?
Found in violation by a court Has manager or an advisory affiliate ever been enjoined by or found in violation of investment-related statutes or regulations a domestic or foreign court?
Court settlement Has a domestic or foreign court ever dismissed, pursuant to a settlement agreement, an investment-related civil action brought against manager or an advisory affiliate by a state or foreign regulatory authority?

Owners/Executives:

Field Name Detailed Description
Entity name Name of entity with stake in manager
Title or status Title (e.g. CEO, CFO) of individual owner/executive or status (e.g. parent, sole stockholder) of institution
Ownership % Ownership stake in manager

Fund:

Field Name Detailed Description
Private fund ID # Unique private fund identification number generated by Finra's investment advisor registration depository (IARD) system
Strategy Primary investment strategy employed by fund
Domicile Country under whose laws the fund is organized
Manager Fund manager's name
Manager's CRD # Manager's CRD number, which is assigned to registered investment advisors and broker-dealers by Finra's central registration depository system

Assets

Field Name Detailed Description
Gross AUM of fund ($Mil.) Fund's gross assets under management, including leverage
Net AUM of fund ($Mil.) Fund's total assets under management, excluding leverage, to reflect only equity held by investors
As-of date for fund's net AUM As-of date for fund's net assets under management

Investors/Terms

Field Name Detailed Description
Number of investors Number of fund partners, including executives and staff of manager
% of in house capital Percentage of fund shares held by executives and staff of manager
% of fund-of-funds capital Percentage of fund shares held by funds of funds
% of non-U.S. capital Percentage of fund shares held by non-US investors
Minimum investment ($) Fund's minimum investment requirement
Maximum management fee (%) Maximum management fee charged by manager stated as an annual percentage of fund assets managed
Maximum performance fee (%) Maximum performance fee charged by manager stated as a percentage of fund's gains

Service Providers:

Field Name Detailed Description
Prime broker Firm that provides the fund with prime-brokerage services, which can include clearing or reconciling trades, lending securities for short-selling purposes and margin lending.
Marketer A placement agent or other third party that assists the fund in raising capital and preparing offering materials.
Auditor Accounting firm that audits the fund's holdings and certifies its performance.
Admistrator Firm that handles the fund's day-to-day administrative functions, such as calculating net asset values of LP shares.

Master/Feeder

Field Name Detailed Description
Master/Feeder For master funds set up under a so-called master/feeder structure, the names of the feeder funds. For feeder funds, the name of the master fund.

 

Go to Database

Database Sample