{
  "crd_number": 328458,
  "slug": "alpinvest-us-holdings-llc-new-york-ny-328458",
  "primary_business_name": "ALPINVEST US HOLDINGS, LLC",
  "legal_name": "ALPINVEST US HOLDINGS, LLC",
  "dbas": [],
  "city": "New York",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2023-12-15",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-07-16",
  "carried_forward": false,
  "raum_total": 57655913506.0,
  "raum_discretionary": 56310176000.0,
  "raum_non_discretionary": 1345737506.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 289,
  "advisory_employees": 127,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "banking_thrift": {
      "raum": 37052809.0,
      "count": 1,
      "fewer_than_5": true
    },
    "state_municipal": {
      "raum": 224279034.0,
      "count": 2,
      "fewer_than_5": true
    },
    "insurance_companies": {
      "raum": 684884549.0,
      "count": 2,
      "fewer_than_5": true
    },
    "pension_profit_sharing": {
      "raum": 27595889.0,
      "count": 1,
      "fewer_than_5": true
    },
    "other_investment_advisers": {
      "raum": 6781004.0,
      "count": 1,
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": 53725930964.0,
      "count": 120
    },
    "sovereign_wealth_foreign_official": {
      "raum": 2949389257.0,
      "count": 9
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 3,
  "states_registered": [],
  "websites": [
    "https://carlyle.com",
    "https://facebook.com/onecarlyle",
    "https://ir.carlyle.com",
    "https://linkedin.com/company/alpinvest-partners",
    "https://linkedin.com/company/the-carlyle-group",
    "https://open.spotify.com/show/0lSJsAuCuKk94tcR2p9yEu",
    "https://open.spotify.com/show/6gfrqUhrdRzXUQuV9V2dtS",
    "https://podcasts.apple.com/us/podcast/insights-and-indicators/id1607380340",
    "https://x.com/onecarlyle",
    "https://youtube.com/user/onecarlyle/feed"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/328458",
  "disclosure_items": [
    {
      "item": "11.C(2)",
      "question": "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?"
    },
    {
      "item": "11.C(4)",
      "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.C(5)",
      "question": "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?"
    }
  ],
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/alpinvest-us-holdings-llc-new-york-ny-328458",
  "display_name": "Alpinvest US Holdings, LLC",
  "summary": "Alpinvest US Holdings, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2023, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 16, 2026.",
  "citation": "AdvisorCensus. Alpinvest US Holdings, LLC (CRD 328458): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "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",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Alpinvest US Holdings, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Alpinvest US Holdings, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees."
    },
    {
      "q": "How much does Alpinvest US Holdings, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: 0.1% to 1.6% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Alpinvest US Holdings, LLC located?",
      "a": "Alpinvest US Holdings, LLC's principal office is in New York, NY, according to its Form ADV; the August 2026 filing also lists 5 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Alpinvest US Holdings, LLC registered with the SEC or a state?",
      "a": "Alpinvest US Holdings, LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 328458."
    },
    {
      "q": "How much does Alpinvest US Holdings, LLC manage?",
      "a": "Alpinvest US Holdings, LLC reports $57,655,913,506 in regulatory assets under management in its Form ADV filing dated July 16, 2026 (98% discretionary)."
    },
    {
      "q": "How have Alpinvest US Holdings, LLC's assets and staff changed since 2024?",
      "a": "In the Form ADV data for Alpinvest US Holdings, LLC: Regulatory assets under management: $38,556,845,002 in the October 2024 data and $57,655,913,506 in the October 2026 data, up 50%. Total employees: 216 in October 2024 and 289 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Alpinvest US Holdings, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (120); sovereign wealth funds and foreign official institutions (9); state or municipal government entities (including government pension plans) (2)."
    },
    {
      "q": "Does Alpinvest US Holdings, LLC report any disciplinary disclosures?",
      "a": "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/328458"
    },
    {
      "q": "What changed in Alpinvest US Holdings, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $47,069,132,425 to $57,655,913,506 (+22%). Employees performing advisory functions went from 106 to 127. Added an office in Washington Dc, DC."
    }
  ],
  "filing_history": [
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 38556845002.0,
      "total_employees": 216,
      "filing_date": "2024-08-07"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 47069132425.0,
      "total_employees": 236,
      "filing_date": "2025-07-24"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 57655913506.0,
      "total_employees": 289,
      "filing_date": "2026-07-16"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $47,069,132,425 to $57,655,913,506 (+22%).",
        "Employees performing advisory functions went from 106 to 127.",
        "Added an office in Washington Dc, DC."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.1% to 1.6% a year",
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.1% to 1.6% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Management fees are generally calculated at an annual rate ranging from 0.1% to 1.6% of either available capital commitments or committed capital to investments for a period of one to five (or more) years"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.1,
        1.6
      ],
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Management fees are generally calculated at an annual rate ranging from 0.1% to 1.6% of either available capital commitments or committed capital to investments for a period of one to five (or more) years"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/alpinvest-us-holdings-llc-new-york-ny-328458.md",
  "clients": [
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 1,
      "fewer_than_5": true,
      "raum": 37052809.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 120,
      "fewer_than_5": false,
      "raum": 53725930964.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 1,
      "fewer_than_5": true,
      "raum": 27595889.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 2,
      "fewer_than_5": true,
      "raum": 224279034.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 1,
      "fewer_than_5": true,
      "raum": 6781004.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 2,
      "fewer_than_5": true,
      "raum": 684884549.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 9,
      "fewer_than_5": false,
      "raum": 2949389257.0
    }
  ],
  "disclosure_line": "Reports 3 disclosure items on Form ADV Item 11.",
  "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/328458",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}