# First Sentier Investors

> First Sentier Investors is an SEC-registered investment advisory firm in George Town, Grand Cayman, Cayman Islands, registered since 2016, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 21, 2026.

- CRD: 283669
- Filed as: FIRST SENTIER INVESTORS
- Legal name: First Sentier Infrastructure Managers (International) Limited
- Also doing business as: IGNEO INFRASTRUCTURE PARTNERS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: George Town, Grand Cayman, Cayman Islands
- Filing period: October 2026
- Form ADV filing dated: September 21, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/283669
- AdvisorCensus page: https://advisorcensus.com/firm/first-sentier-investors-george-town-grand-cayman-283669

## Quick answers

**How is First Sentier Investors compensated?**
On its Form ADV (Item 5.E, October 2026), First Sentier Investors 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 First Sentier Investors located?**
First Sentier Investors' principal office is in George Town, Grand Cayman, Cayman Islands, according to its Form ADV; the October 2026 filing also lists 3 other offices (Schedule D, Section 1.F).

**Is First Sentier Investors registered with the SEC or a state?**
First Sentier Investors is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 283669.

**How much does First Sentier Investors manage?**
First Sentier Investors reports $5,394,743,193 in regulatory assets under management in its Form ADV filing dated September 21, 2026 (100% discretionary).

**How have First Sentier Investors' assets and staff changed since 2021?**
In the Form ADV data for First Sentier Investors: Regulatory assets under management: $2,147,175,204 in the October 2021 data and $5,394,743,193 in the October 2026 data, up 151%. Total employees: 37 in October 2021 and 48 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does First Sentier Investors serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (7); pension and profit sharing plans (but not the plan participants or government pension plans) (4).

**Does First Sentier Investors 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/283669

**What changed in First Sentier Investors' recent Form ADV filings?**
In the October 2026 filing data: Updated its list of owners and control persons (Schedule A).

## 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: $5,394,743,193
- Discretionary: $5,394,743,193
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 7 | $4,857,219,542 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 4 | $537,523,651 |

### 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

### Firm details
- Registered since: 2016 (10 years)
- Employees: 48 total, 21 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Barangaroo Nsw
- London
- Ny, NY

### Websites listed on Form ADV (Item 1.I)
- [firstsentiergroup.com](https://firstsentiergroup.com)
- [firstsentierinvestors.com.au](https://firstsentierinvestors.com.au)
- [igneoip.com](https://igneoip.com)
- LinkedIn @first-sentier-group
- LinkedIn @first-sentier-investors
- LinkedIn @igneo-infrastructure-partners

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,147,175,204 | 37 | July 8, 2021 |
| October 2022 | $3,215,371,871 | 43 | May 5, 2022 |
| October 2023 | $4,039,186,365 | 38 | August 24, 2023 |
| October 2024 | $4,273,637,894 | 48 | August 29, 2024 |
| October 2025 | $4,488,363,040 | 47 | July 7, 2025 |
| October 2026 | $5,394,743,193 | 48 | September 21, 2026 |

Regulatory assets under management: $2,147,175,204 in the October 2021 data and $5,394,743,193 in the October 2026 data, up 151%.
Total employees: 37 in October 2021 and 48 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Updated its list of owners and control persons (Schedule A).

### July 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Regulatory assets under management went from $4,488,363,040 to $5,394,743,193 (+20%).

### February 2026
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Changed its office addresses in Ny, NY.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. First Sentier Investors (CRD 283669): Form ADV filing data as of October 2026.