# Altaris, LLC

> Altaris, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 143611
- Filed as: ALTARIS, LLC
- Also doing business as: AHP IV MANAGER, L.P. (RELYING ADVISER), AHP V MANAGER, L.P. (RELYING ADVISER), AHP VI MANAGER, L.P. (RELYING ADVISER)
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/143611
- AdvisorCensus page: https://advisorcensus.com/firm/altaris-llc-new-york-ny-143611

## Quick answers

**How is Altaris, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Altaris, LLC 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 Altaris, LLC located?**
Altaris, LLC's principal office is in New York, NY, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Altaris, LLC registered with the SEC or a state?**
Altaris, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 143611.

**How much does Altaris, LLC manage?**
Altaris, LLC reports $9,343,581,529 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Altaris, LLC's assets and staff changed since 2021?**
In the Form ADV data for Altaris, LLC: Regulatory assets under management: $5,203,728,744 in the October 2021 data and $9,343,581,529 in the October 2026 data, up 80%. Total employees: 19 in October 2021 and 37 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Altaris, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (19).

**Does Altaris, LLC 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/143611

**What changed in Altaris, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 35 to 37.

## 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: $9,343,581,529
- Discretionary: $9,343,581,529
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 19 | $9,343,581,529 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2012 (14 years)
- Employees: 37 total, 37 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Minneapolis, MN

### Websites listed on Form ADV (Item 1.I)
- altariscap.com
- LinkedIn @ALTARIS-LLC

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $5,203,728,744 | 19 | March 31, 2021 |
| October 2022 | $5,043,187,587 | 21 | March 31, 2022 |
| October 2023 | $4,760,137,333 | 27 | March 31, 2023 |
| October 2024 | $9,414,930,097 | 32 | March 29, 2024 |
| October 2025 | $9,704,971,759 | 35 | March 31, 2025 |
| October 2026 | $9,343,581,529 | 37 | March 31, 2026 |

Regulatory assets under management: $5,203,728,744 in the October 2021 data and $9,343,581,529 in the October 2026 data, up 80%.
Total employees: 19 in October 2021 and 37 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 35 to 37.

### January 2026
- Added an office in Minneapolis, MN.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Altaris, LLC (CRD 143611): Form ADV filing data as of October 2026.