# Altarock Partners LP

> Altarock Partners LP is an SEC-registered investment advisory firm in West Palm Beach, FL, registered since 2014, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated April 24, 2026.

- CRD: 161005
- Filed as: ALTAROCK PARTNERS LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: West Palm Beach, FL
- Filing period: October 2026
- Form ADV filing dated: April 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/161005
- AdvisorCensus page: https://advisorcensus.com/firm/altarock-partners-lp-west-palm-beach-fl-161005

## Quick answers

**How is Altarock Partners LP compensated?**
On its Form ADV (Item 5.E, October 2026), Altarock Partners LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**How much does Altarock Partners LP charge?**
Its Form ADV Part 2A brochure dated March 23, 2026 states: Asset-based fee: 1% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Altarock Partners LP located?**
Altarock Partners LP's principal office is in West Palm Beach, FL, according to its Form ADV; the May 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Altarock Partners LP registered with the SEC or a state?**
Altarock Partners LP is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 161005.

**How much does Altarock Partners LP manage?**
Altarock Partners LP reports $5,663,773,000 in regulatory assets under management in its Form ADV filing dated April 24, 2026 (100% discretionary).

**How have Altarock Partners LP's assets and staff changed since 2021?**
In the Form ADV data for Altarock Partners LP: Regulatory assets under management: $3,129,246,000 in the October 2021 data and $5,663,773,000 in the October 2026 data, up 81%. Total employees: 6 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Altarock Partners LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2).

**Does Altarock Partners LP 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/161005

**What changed in Altarock Partners LP's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 4 to 3.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 23, 2026)

- Asset-based fee: 1% of assets a year

> Investors in the Funds are typically charged a one percent (1%) annual management fee, payable monthly in advance in such amounts as are set forth in the governing documents of each Fund.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $5,663,773,000
- Discretionary: $5,663,773,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $5,663,773,000 |

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

### Firm details
- Registered since: 2014 (11 years)
- Employees: 7 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the May 2026 filing
- Boston, MA

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,129,246,000 | 6 | March 27, 2021 |
| October 2022 | $4,014,209,000 | 6 | March 30, 2022 |
| October 2023 | $3,278,366,000 | 7 | March 30, 2023 |
| October 2024 | $4,622,059,000 | 8 | August 16, 2024 |
| October 2025 | $5,406,817,000 | 8 | April 16, 2025 |
| October 2026 | $5,663,773,000 | 7 | April 24, 2026 |

Regulatory assets under management: $3,129,246,000 in the October 2021 data and $5,663,773,000 in the October 2026 data, up 81%.
Total employees: 6 in October 2021 and 7 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 4 to 3.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Altarock Partners LP (CRD 161005): Form ADV filing data as of October 2026.