# Asia Alternatives Management LLC

> Asia Alternatives Management LLC is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2006, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 29, 2026.

- CRD: 141481
- Filed as: ASIA ALTERNATIVES MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Francisco, CA
- Filing period: October 2026
- Form ADV filing dated: July 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/141481
- AdvisorCensus page: https://advisorcensus.com/firm/asia-alternatives-management-llc-san-francisco-ca-141481

## Quick answers

**How is Asia Alternatives Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Asia Alternatives Management 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 Asia Alternatives Management LLC located?**
Asia Alternatives Management LLC's principal office is in San Francisco, CA, according to its Form ADV; the August 2026 filing also lists 3 other offices (Schedule D, Section 1.F).

**Is Asia Alternatives Management LLC registered with the SEC or a state?**
Asia Alternatives Management LLC is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 141481.

**How much does Asia Alternatives Management LLC manage?**
Asia Alternatives Management LLC reports $13,241,738,367 in regulatory assets under management in its Form ADV filing dated July 29, 2026 (100% discretionary).

**How have Asia Alternatives Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Asia Alternatives Management LLC: Regulatory assets under management: $13,522,821,919 in the October 2021 data and $13,241,738,367 in the October 2026 data, down 2%. Total employees: 42 in October 2021 and 47 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Asia Alternatives Management LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (158).

**Does Asia Alternatives Management 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/141481

## 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: $13,241,738,367
- Discretionary: $13,241,738,367
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 158 | $13,241,738,367 |

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

### Firm details
- Registered since: 2006 (19 years)
- Employees: 47 total, 22 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Central, Hong Kong
- Chaoyang District Beijing
- Jing'An District, Shanghai

### Websites listed on Form ADV (Item 1.I)
- [asiaalt.com](https://asiaalt.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $13,522,821,919 | 42 | July 20, 2021 |
| October 2022 | $16,646,743,883 | 44 | July 28, 2022 |
| October 2023 | $15,449,362,811 | 44 | June 29, 2023 |
| October 2024 | $14,973,262,322 | 50 | March 19, 2024 |
| October 2025 | $14,060,463,225 | 48 | July 25, 2025 |
| October 2026 | $13,241,738,367 | 47 | July 29, 2026 |

Regulatory assets under management: $13,522,821,919 in the October 2021 data and $13,241,738,367 in the October 2026 data, down 2%.
Total employees: 42 in October 2021 and 47 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Asia Alternatives Management LLC (CRD 141481): Form ADV filing data as of October 2026.