{
  "crd_number": 119537,
  "slug": "citigroup-alternative-investments-llc-new-york-ny-119537",
  "primary_business_name": "CITIGROUP ALTERNATIVE INVESTMENTS LLC",
  "legal_name": "CITIGROUP ALTERNATIVE INVESTMENTS LLC",
  "dbas": [
    "CITIGROUP PRIVATE EQUITY (CVCI GP) LLC (RELYING ADVISER)",
    "CITIGROUP PRIVATE EQUITY (OFFSHORE) LLC (RELYING ADVISER)",
    "CITIGROUP PRIVATE EQUITY LP (RELYING ADVISER)"
  ],
  "city": "New York",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2002-03-11",
  "years_registered": 24,
  "period": "2026-10-01",
  "filing_date": "2026-06-17",
  "carried_forward": false,
  "raum_total": 127429182.0,
  "raum_discretionary": 127429182.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 15,
  "advisory_employees": 5,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 4106216.0,
      "count": 6,
      "description": "PROPRIETARY ACCOUNTS"
    },
    "pooled_investment_vehicles": {
      "raum": 123322966.0,
      "count": 7
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 5,
  "states_registered": [
    "DE",
    "NY"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/119537",
  "disclosure_items": [
    {
      "item": "11.C(4)",
      "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.C(5)",
      "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?"
    },
    {
      "item": "11.D(1)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?"
    },
    {
      "item": "11.D(2)",
      "question": "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?"
    },
    {
      "item": "11.D(4)",
      "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    }
  ],
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/citigroup-alternative-investments-llc-new-york-ny-119537",
  "display_name": "Citigroup Alternative Investments LLC",
  "summary": "Citigroup Alternative Investments LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2002, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 17, 2026.",
  "citation": "AdvisorCensus. Citigroup Alternative Investments LLC (CRD 119537): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Citigroup Alternative Investments LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Citigroup Alternative Investments 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."
    },
    {
      "q": "Where is Citigroup Alternative Investments LLC located?",
      "a": "Citigroup Alternative Investments LLC's principal office is in New York, NY, according to its Form ADV."
    },
    {
      "q": "Is Citigroup Alternative Investments LLC registered with the SEC or a state?",
      "a": "Citigroup Alternative Investments LLC is an SEC-registered investment advisory firm, registered since 2002. Status as filed: Approved. CRD 119537."
    },
    {
      "q": "How much does Citigroup Alternative Investments LLC manage?",
      "a": "Citigroup Alternative Investments LLC reports $127,429,182 in regulatory assets under management in its Form ADV filing dated June 17, 2026 (100% discretionary)."
    },
    {
      "q": "How have Citigroup Alternative Investments LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Citigroup Alternative Investments LLC: Regulatory assets under management: $431,806,445 in the October 2021 data and $127,429,182 in the October 2026 data, down 70%. Total employees: 16 in October 2021 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Citigroup Alternative Investments LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (7); other (6)."
    },
    {
      "q": "Which custodians does Citigroup Alternative Investments LLC use?",
      "a": "Citigroup Alternative Investments LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Goldman Sachs Asset Management, L.P. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Citigroup Alternative Investments LLC report any disciplinary disclosures?",
      "a": "Reports 5 disclosure items on Form ADV Item 11: yes answers to 11.C(4) (SEC or CFTC order), 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order), 11.D(1) (another regulator's finding of a false statement or omission, or of dishonest, unfair, or unethical conduct), 11.D(2) (another regulator's finding of a violation), and 11.D(4) (another regulator's order in the past ten years). 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/119537"
    },
    {
      "q": "What changed in Citigroup Alternative Investments LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 6 to 5. Regulatory assets under management went from $200,228,686 to $127,429,182 (-36%). Registered or notice-filed in DE."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 431806445.0,
      "total_employees": 16,
      "filing_date": "2021-07-12"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 450983633.0,
      "total_employees": 15,
      "filing_date": "2022-06-24"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 339055197.0,
      "total_employees": 15,
      "filing_date": "2023-07-14"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 312017246.0,
      "total_employees": 15,
      "filing_date": "2024-03-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 200228686.0,
      "total_employees": 15,
      "filing_date": "2025-06-25"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 127429182.0,
      "total_employees": 15,
      "filing_date": "2026-06-17"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 6 to 5.",
        "Regulatory assets under management went from $200,228,686 to $127,429,182 (-36%).",
        "Registered or notice-filed in DE."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Goldman Sachs Asset Management, L.P.",
      "name_as_filed": "GOLDMAN SACHS ASSET MANAGEMENT, L.P.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/citigroup-alternative-investments-llc-new-york-ny-119537.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 7,
      "fewer_than_5": false,
      "raum": 123322966.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 6,
      "fewer_than_5": false,
      "raum": 4106216.0
    }
  ],
  "disclosure_line": "Reports 5 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/119537",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}