# Alpinvest Private Equity Investment Management, LLC

> Alpinvest Private Equity Investment Management, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2022, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated February 10, 2026.

- CRD: 322058
- Filed as: ALPINVEST PRIVATE EQUITY INVESTMENT MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: February 10, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/322058
- AdvisorCensus page: https://advisorcensus.com/firm/alpinvest-private-equity-investment-management-llc-new-york-ny-322058

## Quick answers

**How is Alpinvest Private Equity Investment Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Alpinvest Private Equity Investment Management, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Alpinvest Private Equity Investment Management, LLC located?**
Alpinvest Private Equity Investment Management, LLC's principal office is in New York, NY, according to its Form ADV; the March 2026 filing also lists 4 other offices (Schedule D, Section 1.F).

**Is Alpinvest Private Equity Investment Management, LLC registered with the SEC or a state?**
Alpinvest Private Equity Investment Management, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 322058.

**How much does Alpinvest Private Equity Investment Management, LLC manage?**
Alpinvest Private Equity Investment Management, LLC reports $4,469,202,658 in regulatory assets under management in its Form ADV filing dated February 10, 2026 (100% discretionary).

**How have Alpinvest Private Equity Investment Management, LLC's assets and staff changed since 2022?**
In the Form ADV data for Alpinvest Private Equity Investment Management, LLC: Regulatory assets under management: $184,270,541 in the October 2023 data and $4,469,202,658 in the October 2026 data, up 2325%. Total employees: 110 in October 2022 and 290 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Alpinvest Private Equity Investment Management, LLC serve?**
By number of clients on Form ADV Item 5.D: investment companies (2).

**Does Alpinvest Private Equity Investment Management, LLC report any disciplinary disclosures?**
Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/322058

**What changed in Alpinvest Private Equity Investment Management, LLC's recent Form ADV filings?**
In the March 2026 filing data: Employees performing advisory functions went from 106 to 127. Regulatory assets under management went from $1,348,588,413 to $4,469,202,658 (+231%).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $4,469,202,658
- Discretionary: $4,469,202,658
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 2 | $4,469,202,658 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)

### Firm details
- Registered since: 2022 (4 years)
- Employees: 290 total, 127 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports 3 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/322058

### Other offices (Schedule D, Section 1.F), as of the March 2026 filing
- Amsterdam
- Central Hong Kong
- London
- Singapore

### Websites listed on Form ADV (Item 1.I)
- carlyle.com
- carlylealpinvest.com
- ir.carlyle.com
- open.spotify.com/show/0lSJsAuCuKk94tcR2p9yEu
- open.spotify.com/show/6gfrqUhrdRzXUQuV9V2dtS
- podcasts.apple.com/us/podcast/insights-and-indicators/id1607380340
- Facebook @onecarlyle
- LinkedIn @alpinvest-partners
- LinkedIn @the-carlyle-group
- X @onecarlyle
- YouTube @CarlyleAlpInvest
- YouTube @onecarlyle

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | Not reported | 110 | June 27, 2022 |
| October 2023 | $184,270,541 | 191 | March 31, 2023 |
| October 2024 | $311,633,415 | 216 | March 25, 2024 |
| October 2025 | $1,348,588,413 | 236 | March 11, 2025 |
| October 2026 | $4,469,202,658 | 290 | February 10, 2026 |

Regulatory assets under management: $184,270,541 in the October 2023 data and $4,469,202,658 in the October 2026 data, up 2325%.
Total employees: 110 in October 2022 and 290 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Employees performing advisory functions went from 106 to 127.
- Regulatory assets under management went from $1,348,588,413 to $4,469,202,658 (+231%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Alpinvest Private Equity Investment Management, LLC (CRD 322058): Form ADV filing data as of October 2026.