# Black Creek Investment Management Inc.

> Black Creek Investment Management Inc. is an SEC-registered investment advisory firm in Toronto, Canada, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated January 2, 2026.

- CRD: 161344
- Filed as: BLACK CREEK INVESTMENT MANAGEMENT INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Toronto, Canada
- Filing period: October 2026
- Form ADV filing dated: January 2, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/161344
- AdvisorCensus page: https://advisorcensus.com/firm/black-creek-investment-management-inc-toronto-161344

## Quick answers

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

**How much does Black Creek Investment Management Inc. charge?**
Its Form ADV Part 2A brochure dated January 2, 2026 states: Up to $50,000,000: 0.75% a year; $50,000,000 to $100,000,000: 0.7% a year; $100,000,000 to $250,000,000: 0.6% a year; $250,000,000 to $500,000,000: 0.55% a year; Above $500,000,000: see the brochure. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Black Creek Investment Management Inc. located?**
Black Creek Investment Management Inc.'s principal office is in Toronto, Canada, according to its Form ADV.

**Is Black Creek Investment Management Inc. registered with the SEC or a state?**
Black Creek Investment Management Inc. is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 161344.

**How much does Black Creek Investment Management Inc. manage?**
Black Creek Investment Management Inc. reports $7,092,549,268 in regulatory assets under management in its Form ADV filing dated January 2, 2026 (99% discretionary).

**How have Black Creek Investment Management Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Black Creek Investment Management Inc.: Regulatory assets under management: $9,102,236,749 in the October 2021 data and $7,092,549,268 in the October 2026 data, down 22%. Total employees: 25 in October 2021 and 28 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Black Creek Investment Management Inc. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (16); pension and profit sharing plans (but not the plan participants or government pension plans) (5); charitable organizations (4).

**Which custodians does Black Creek Investment Management Inc. use?**
Black Creek Investment Management Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists CIBC Mellon Trust Company, Fidelity Management Trust Company and RBC Investor Services Trust as custodians holding 10% or more of its separately managed account assets.

**Does Black Creek Investment Management Inc. report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation). 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/161344

## 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 January 2, 2026)

- Up to $50,000,000: 0.75% a year
- $50,000,000 to $100,000,000: 0.7% a year
- $100,000,000 to $250,000,000: 0.6% a year
- $250,000,000 to $500,000,000: 0.55% a year
- Above $500,000,000: see the brochure

> Our basic fee structure is: Figures below represented as percentage (%) of AUM November 30, 2022 Client AUM Management Fee First 50,000,000 0.75%* Next 50,000,000 0.70%* Next 150,000,000 0.60%* Next 250,000,000 0.55%*

- Minimum annual fee: None

> No minimum fee is charged, however there may be a minimum initial investment required.

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

### Custodians (Schedule D, Section 5.K(3))
- CIBC Mellon Trust Company
- Fidelity Management Trust Company
- RBC Investor Services Trust

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $7,092,549,268
- Discretionary: $7,021,647,243
- Non-discretionary: $70,902,025

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 16 | $6,262,195,038 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 5 | $535,691,519 |
| Charitable organizations | 4 | $145,975,920 |
| State or municipal government entities (including government pension plans) | 1 | $77,784,766 |
| Corporations or other businesses not listed above | 1 | $70,902,025 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Publication of periodicals or newsletters

### Firm details
- Registered since: 2012 (14 years)
- Employees: 28 total, 10 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/161344

### Websites listed on Form ADV (Item 1.I)
- [bcim.ca](https://bcim.ca)
- LinkedIn @black-creek-investment-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $9,102,236,749 | 25 | January 4, 2021 |
| October 2022 | $10,892,871,709 | 28 | January 4, 2022 |
| October 2023 | $9,149,604,495 | 30 | July 13, 2023 |
| October 2024 | $9,441,352,259 | 29 | April 11, 2024 |
| October 2025 | $7,804,796,892 | 31 | January 16, 2025 |
| October 2026 | $7,092,549,268 | 28 | January 2, 2026 |

Regulatory assets under management: $9,102,236,749 in the October 2021 data and $7,092,549,268 in the October 2026 data, down 22%.
Total employees: 25 in October 2021 and 28 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Black Creek Investment Management Inc. (CRD 161344): Form ADV filing data as of October 2026.