# Alpine Associates Management Inc.

> Alpine Associates Management Inc. is an SEC-registered investment advisory firm in Palm Beach, FL, registered since 2006, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 26, 2026.

- CRD: 138901
- Filed as: ALPINE ASSOCIATES MANAGEMENT INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Palm Beach, FL
- Filing period: October 2026
- Form ADV filing dated: March 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/138901
- AdvisorCensus page: https://advisorcensus.com/firm/alpine-associates-management-inc-palm-beach-fl-138901

## Quick answers

**How is Alpine Associates Management Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Alpine Associates Management Inc. 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.

**Where is Alpine Associates Management Inc. located?**
Alpine Associates Management Inc.'s principal office is in Palm Beach, FL, according to its Form ADV.

**Is Alpine Associates Management Inc. registered with the SEC or a state?**
Alpine Associates Management Inc. is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 138901.

**How much does Alpine Associates Management Inc. manage?**
Alpine Associates Management Inc. reports $2,094,959,691 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary).

**How have Alpine Associates Management Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Alpine Associates Management Inc.: Regulatory assets under management: $3,661,063,300 in the October 2021 data and $2,094,959,691 in the October 2026 data, down 43%. Total employees: 23 in October 2021 and 26 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Alpine Associates Management Inc. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (10); corporations or other businesses not listed above (1).

**Which custodians does Alpine Associates Management Inc. use?**
Alpine Associates Management Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists J.P. Morgan Securities LLC and UBS Securities LLC as custodians holding 10% or more of its separately managed account assets.

**Does Alpine Associates Management Inc. report any disciplinary disclosures?**
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/138901

**What changed in Alpine Associates Management Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 9 to 13. Regulatory assets under management went from $2,359,193,667 to $2,094,959,691 (-11%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- J.P. Morgan Securities LLC
- UBS Securities LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $2,094,959,691
- Discretionary: $2,094,959,691
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 10 | $2,049,652,132 |
| Corporations or other businesses not listed above | 1 | $45,307,559 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2006 (20 years)
- Employees: 26 total, 13 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, NJ
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- alpineassociatesmanagement.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,661,063,300 | 23 | March 29, 2021 |
| October 2022 | $4,082,398,962 | 23 | March 31, 2022 |
| October 2023 | $2,973,538,382 | 24 | September 15, 2023 |
| October 2024 | $2,694,219,737 | 26 | March 25, 2024 |
| October 2025 | $2,359,193,667 | 26 | March 26, 2025 |
| October 2026 | $2,094,959,691 | 26 | March 26, 2026 |

Regulatory assets under management: $3,661,063,300 in the October 2021 data and $2,094,959,691 in the October 2026 data, down 43%.
Total employees: 23 in October 2021 and 26 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 9 to 13.
- Regulatory assets under management went from $2,359,193,667 to $2,094,959,691 (-11%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Alpine Associates Management Inc. (CRD 138901): Form ADV filing data as of October 2026.