{
  "crd_number": 161608,
  "slug": "ivy-hill-asset-management-l-p-new-york-ny-161608",
  "primary_business_name": "IVY HILL ASSET MANAGEMENT, L.P.",
  "legal_name": "IVY HILL ASSET MANAGEMENT, L.P.",
  "dbas": [],
  "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": "2012-03-30",
  "years_registered": 14,
  "period": "2026-10-01",
  "filing_date": "2026-08-26",
  "carried_forward": false,
  "raum_total": 12957965200.0,
  "raum_discretionary": 12957965200.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 16,
  "advisory_employees": 14,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "insurance_companies": {
      "raum": 99067813.0,
      "count": null,
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": 12858897387.0,
      "count": 18
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 3,
  "states_registered": [
    "DE",
    "GA",
    "IN",
    "NJ",
    "NY"
  ],
  "websites": [
    "https://aresfoundation.org",
    "https://aresfoundationreport.aresmgmt.com",
    "https://aresmgmt.com",
    "https://areswms.com",
    "https://instagram.com/ares_mgmt",
    "https://linkedin.com/company/ares-management",
    "https://twitter.com/@Ares_Management",
    "https://youtube.com/@ares_management"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/161608",
  "disclosure_items": [
    {
      "item": "11.C(2)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?"
    },
    {
      "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?"
    }
  ],
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/ivy-hill-asset-management-l-p-new-york-ny-161608",
  "display_name": "Ivy Hill Asset Management, L.P.",
  "summary": "Ivy Hill Asset Management, L.P. is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 26, 2026.",
  "citation": "AdvisorCensus. Ivy Hill Asset Management, L.P. (CRD 161608): 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)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Ivy Hill Asset Management, L.P. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Ivy Hill Asset Management, L.P. 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 Ivy Hill Asset Management, L.P. located?",
      "a": "Ivy Hill Asset Management, L.P.'s principal office is in New York, NY, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Ivy Hill Asset Management, L.P. registered with the SEC or a state?",
      "a": "Ivy Hill Asset Management, L.P. is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 161608."
    },
    {
      "q": "How much does Ivy Hill Asset Management, L.P. manage?",
      "a": "Ivy Hill Asset Management, L.P. reports $12,957,965,200 in regulatory assets under management in its Form ADV filing dated August 26, 2026 (100% discretionary)."
    },
    {
      "q": "How have Ivy Hill Asset Management, L.P.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Ivy Hill Asset Management, L.P.: Regulatory assets under management: $6,578,911,475 in the October 2021 data and $12,957,965,200 in the October 2026 data, up 97%. Total employees: 22 in October 2021 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Ivy Hill Asset Management, L.P. serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (18)."
    },
    {
      "q": "Which custodians does Ivy Hill Asset Management, L.P. use?",
      "a": "Ivy Hill Asset Management, L.P.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists State Street Global Services as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Ivy Hill Asset Management, L.P. report any disciplinary disclosures?",
      "a": "Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). 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/161608"
    },
    {
      "q": "What changed in Ivy Hill Asset Management, L.P.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 17 to 14. No longer lists an office in Londoon. No longer lists an office in New York, NY. No longer lists an office in Tarrytown, NY. Registered or notice-filed in NJ."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 6578911475.0,
      "total_employees": 22,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 8320388753.0,
      "total_employees": 21,
      "filing_date": "2022-08-23"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 12962712464.0,
      "total_employees": 18,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 13691819689.0,
      "total_employees": 15,
      "filing_date": "2024-08-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 12546351190.0,
      "total_employees": 20,
      "filing_date": "2025-05-30"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 12957965200.0,
      "total_employees": 16,
      "filing_date": "2026-08-26"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 17 to 14.",
        "No longer lists an office in Londoon.",
        "No longer lists an office in New York, NY.",
        "No longer lists an office in Tarrytown, NY.",
        "Registered or notice-filed in NJ."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "State Street Global Services",
      "name_as_filed": "STATE STREET GLOBAL SERVICES",
      "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/ivy-hill-asset-management-l-p-new-york-ny-161608.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 18,
      "fewer_than_5": false,
      "raum": 12858897387.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": null,
      "fewer_than_5": true,
      "raum": 99067813.0
    }
  ],
  "disclosure_line": "Reports 3 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/161608",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}