{ "crd_number": 293127, "slug": "aequim-alternative-investments-lp-mill-valley-ca-293127", "primary_business_name": "AEQUIM ALTERNATIVE INVESTMENTS LP", "legal_name": "AEQUIM ALTERNATIVE INVESTMENTS LP", "dbas": [], "city": "Mill Valley", "state": "CA", "country": "United States", "cbsa_code": "41860", "metro": { "cbsa_code": "41860", "common_name": "San Francisco", "msa_name": "San Francisco-Oakland-Fremont, CA", "path": "/advisors/ca/san-francisco" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2018-04-30", "years_registered": 8, "period": "2026-10-01", "filing_date": "2026-03-23", "carried_forward": false, "raum_total": 8247997673.0, "raum_discretionary": 8247997673.0, "raum_non_discretionary": 0.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 11, "advisory_employees": 4, "client_count_bucket": null, "clients_by_type": { "state_municipal": { "raum": 3256569635.0, "count": 2 }, "pooled_investment_vehicles": { "raum": 4991428038.0, "count": 3 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_businesses_institutional", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [], "websites": [ "https://aequim.com", "https://linkedin.com/COMPANY/AEQUIM-ALTERNATIVE-INVESTMENTS" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/293127", "city_as_filed": "MILL VALLEY", "url": "https://advisorcensus.com/firm/aequim-alternative-investments-lp-mill-valley-ca-293127", "display_name": "Aequim Alternative Investments LP", "summary": "Aequim Alternative Investments LP is an SEC-registered investment advisory firm in Mill Valley, CA, registered since 2018, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 23, 2026.", "citation": "AdvisorCensus. Aequim Alternative Investments LP (CRD 293127): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients" ], "quick_answers": [ { "q": "How is Aequim Alternative Investments LP compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Aequim Alternative Investments LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Aequim Alternative Investments LP located?", "a": "Aequim Alternative Investments LP's principal office is in Mill Valley, CA, according to its Form ADV." }, { "q": "Is Aequim Alternative Investments LP registered with the SEC or a state?", "a": "Aequim Alternative Investments LP is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 293127." }, { "q": "How much does Aequim Alternative Investments LP manage?", "a": "Aequim Alternative Investments LP reports $8,247,997,673 in regulatory assets under management in its Form ADV filing dated March 23, 2026 (100% discretionary)." }, { "q": "How have Aequim Alternative Investments LP's assets and staff changed since 2021?", "a": "In the Form ADV data for Aequim Alternative Investments LP: Regulatory assets under management: $2,643,709,099 in the October 2021 data and $8,247,997,673 in the October 2026 data, up 212%. Total employees: 7 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Aequim Alternative Investments LP serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3); state or municipal government entities (including government pension plans) (2)." }, { "q": "Which custodians does Aequim Alternative Investments LP use?", "a": "Aequim Alternative Investments LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Barclays Capital Inc., BNP Paribas Securities Corp. and J.P. Morgan Securities LLC as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Aequim Alternative Investments LP report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/293127" }, { "q": "What changed in Aequim Alternative Investments LP's recent Form ADV filings?", "a": "In the April 2026 filing data: Regulatory assets under management went from $4,805,312,195 to $8,247,997,673 (+72%)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 2643709099.0, "total_employees": 7, "filing_date": "2021-03-31" }, { "period": "2022-10-01", "regulatory_assets_under_management": 4702508490.0, "total_employees": 8, "filing_date": "2022-03-28" }, { "period": "2023-10-01", "regulatory_assets_under_management": 5133253088.0, "total_employees": 8, "filing_date": "2023-06-26" }, { "period": "2024-10-01", "regulatory_assets_under_management": 4416612552.0, "total_employees": 10, "filing_date": "2024-03-28" }, { "period": "2025-10-01", "regulatory_assets_under_management": 4805312195.0, "total_employees": 10, "filing_date": "2025-03-26" }, { "period": "2026-10-01", "regulatory_assets_under_management": 8247997673.0, "total_employees": 11, "filing_date": "2026-03-23" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $4,805,312,195 to $8,247,997,673 (+72%)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Barclays Capital Inc.", "name_as_filed": "BARCLAYS CAPITAL INC.", "affiliated": false }, { "name": "BNP Paribas Securities Corp.", "name_as_filed": "BNP PARIBAS SECURITIES CORP.", "affiliated": false }, { "name": "J.P. Morgan Securities LLC", "name_as_filed": "J.P. MORGAN SECURITIES LLC", "affiliated": false } ], "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.", "markdown_url": "https://advisorcensus.com/firm/aequim-alternative-investments-lp-mill-valley-ca-293127.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 3, "fewer_than_5": false, "raum": 4991428038.0 }, { "type": "state_municipal", "label": "State or municipal government entities (including government pension plans)", "count": 2, "fewer_than_5": false, "raum": 3256569635.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/293127", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }