{
  "crd_number": 137790,
  "slug": "investcorp-investment-advisers-llc-new-york-ny-137790",
  "primary_business_name": "INVESTCORP INVESTMENT ADVISERS LLC",
  "legal_name": "INVESTCORP INVESTMENT ADVISERS LLC",
  "dbas": [
    "BISONTI PARTNERS"
  ],
  "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": "2005-11-25",
  "years_registered": 20,
  "period": "2026-10-01",
  "filing_date": "2026-09-28",
  "carried_forward": false,
  "raum_total": 6188097015.0,
  "raum_discretionary": 6185473123.0,
  "raum_non_discretionary": 2623892.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 52,
  "advisory_employees": 40,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 2067186865.0,
      "count": 37,
      "description": "CO-INVESTMENT VEHICLES"
    },
    "charitable": {
      "raum": null,
      "count": 0
    },
    "individuals": {
      "raum": null,
      "count": 0
    },
    "banking_thrift": {
      "raum": null,
      "count": 0
    },
    "state_municipal": {
      "raum": null,
      "count": 0
    },
    "insurance_companies": {
      "raum": null,
      "count": 0
    },
    "investment_companies": {
      "raum": null,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": null,
      "count": 0
    },
    "other_investment_advisers": {
      "raum": null,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": null,
      "count": 0
    },
    "pooled_investment_vehicles": {
      "raum": 4120910150.0,
      "count": 17
    },
    "corporations_other_businesses": {
      "raum": null,
      "count": 0
    },
    "business_development_companies": {
      "raum": null,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": null,
      "count": 0
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NY"
  ],
  "websites": [
    "https://bisontipartners.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/137790",
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/investcorp-investment-advisers-llc-new-york-ny-137790",
  "display_name": "Investcorp Investment Advisers LLC",
  "summary": "Investcorp Investment Advisers LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2005, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 28, 2026.",
  "citation": "AdvisorCensus. Investcorp Investment Advisers LLC (CRD 137790): 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 Investcorp Investment Advisers LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Investcorp Investment Advisers 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 Investcorp Investment Advisers LLC located?",
      "a": "Investcorp Investment Advisers LLC's principal office is in New York, NY, according to its Form ADV."
    },
    {
      "q": "Is Investcorp Investment Advisers LLC registered with the SEC or a state?",
      "a": "Investcorp Investment Advisers LLC is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 137790."
    },
    {
      "q": "How much does Investcorp Investment Advisers LLC manage?",
      "a": "Investcorp Investment Advisers LLC reports $6,188,097,015 in regulatory assets under management in its Form ADV filing dated September 28, 2026 (100% discretionary)."
    },
    {
      "q": "How have Investcorp Investment Advisers LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Investcorp Investment Advisers LLC: Regulatory assets under management: $740,669,768 in the October 2021 data and $6,188,097,015 in the October 2026 data, up 735%. Total employees: 78 in October 2021 and 52 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Investcorp Investment Advisers LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: other (37); pooled investment vehicles (other than investment companies and business development companies) (17)."
    },
    {
      "q": "Does Investcorp Investment Advisers LLC report any disciplinary disclosures?",
      "a": "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/137790"
    },
    {
      "q": "What changed in Investcorp Investment Advisers LLC's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Added the business name Bisonti Partners. Employees performing advisory functions went from 37 to 40. Regulatory assets under management went from $5,527,976,271 to $6,188,097,015 (+12%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 740669768.0,
      "total_employees": 78,
      "filing_date": "2021-09-28"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 2511490453.0,
      "total_employees": 93,
      "filing_date": "2022-09-28"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 4095537276.0,
      "total_employees": 96,
      "filing_date": "2023-09-28"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 4265238195.0,
      "total_employees": 78,
      "filing_date": "2024-09-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 4265238195.0,
      "total_employees": 78,
      "filing_date": "2025-04-14"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 6188097015.0,
      "total_employees": 52,
      "filing_date": "2026-09-28"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Added the business name Bisonti Partners.",
        "Employees performing advisory functions went from 37 to 40.",
        "Regulatory assets under management went from $5,527,976,271 to $6,188,097,015 (+12%)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Employees performing advisory functions went from 46 to 37.",
        "Regulatory assets under management went from $4,265,238,195 to $5,527,976,271 (+30%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/investcorp-investment-advisers-llc-new-york-ny-137790.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 17,
      "fewer_than_5": false,
      "raum": 4120910150.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "other",
      "label": "Other",
      "count": 37,
      "fewer_than_5": false,
      "raum": 2067186865.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "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/137790",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}