AdvisorCensus / Financial advisors / California / San Francisco / American Pacific Group
American Pacific Group
Filed as AMERICAN PACIFIC GROUP · Legal name American Pacific Group, L.P.
American Pacific Group is an SEC-registered investment advisory firm in Larkspur, CA, registered since 2020, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 23, 2026.
Quick answers
From the filingHow is American Pacific Group compensated?
On its Form ADV (Item 5.E, October 2026), American Pacific Group reports these compensation arrangements: a percentage of assets under its management; performance-based fees.
What does American Pacific Group's brochure say about its fees?
Its Form ADV Part 2A brochure dated March 23, 2026 states: Asset-based fee: 2% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is American Pacific Group located?
American Pacific Group's principal office is in Larkspur, CA, according to its Form ADV.
Is American Pacific Group registered with the SEC or a state?
American Pacific Group is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 306218.
How much does American Pacific Group manage?
American Pacific Group reports $1,335,827,686 in regulatory assets under management in its Form ADV filing dated March 23, 2026 (100% discretionary).
How have American Pacific Group's assets and staff changed since 2021?
In the Form ADV data for American Pacific Group: Regulatory assets under management: $563,477,027 in the October 2021 data and $1,335,827,686 in the October 2026 data, up 137%. Total employees: 12 in October 2021 and 23 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does American Pacific Group serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4).
Does American Pacific Group 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/306218
What changed in American Pacific Group's recent Form ADV filings?
In the April 2026 filing data: Employees performing advisory functions went from 14 to 13.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: 2% of assets a year
The brochure's wording
each Fund pays the Adviser a Management Fee equal to 2.0% on an annual basis of aggregate capital commitments of investors that are not designated as “affiliated partners” by the Fund’s General Partner.
As stated in the firm's Form ADV Part 2A brochure dated March 23, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$1,335,827,686 as of October 2026, filing dated March 23, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for pooled investment vehicles (other than investment companies)
Registration and firm details
Items 1, 2, 5- Legal name
- American Pacific Group, L.P.
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2020 (6 years)
- Employees
- Total: 23. Performing investment advisory functions: 13.
- Wrap fee program participation
- No.
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $1,335,827,686 | 23 | March 23, 2026 |
| October 2025 | $1,372,053,255 | 25 | March 24, 2025 |
| October 2024 | $1,450,700,205 | 23 | May 2, 2024 |
| October 2023 | $1,322,129,644 | 18 | March 28, 2023 |
| October 2022 | $626,856,157 | 15 | March 24, 2022 |
| October 2021 | $563,477,027 | 12 | May 6, 2021 |
Regulatory assets under management: $563,477,027 in the October 2021 data and $1,335,827,686 in the October 2026 data, up 137%.
Total employees: 12 in October 2021 and 23 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Employees performing advisory functions went from 14 to 13.
- December 2025
- Updated its list of owners and control persons (Schedule A).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. American Pacific Group (CRD 306218): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/american-pacific-group-larkspur-ca-306218