# Ivy Hill Asset Management, L.P.

> 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.

- CRD: 161608
- Filed as: IVY HILL ASSET MANAGEMENT, L.P.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: August 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/161608
- AdvisorCensus page: https://advisorcensus.com/firm/ivy-hill-asset-management-l-p-new-york-ny-161608

## Quick answers

**How is Ivy Hill Asset Management, L.P. compensated?**
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.

**Where is Ivy Hill Asset Management, L.P. located?**
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).

**Is Ivy Hill Asset Management, L.P. registered with the SEC or a state?**
Ivy Hill Asset Management, L.P. is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 161608.

**How much does Ivy Hill Asset Management, L.P. manage?**
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).

**How have Ivy Hill Asset Management, L.P.'s assets and staff changed since 2021?**
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.

**What types of clients does Ivy Hill Asset Management, L.P. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (18).

**Which custodians does Ivy Hill Asset Management, L.P. use?**
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.

**Does Ivy Hill Asset Management, L.P. report any disciplinary disclosures?**
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

**What changed in Ivy Hill Asset Management, L.P.'s recent Form ADV filings?**
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.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- State Street Global Services

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: $12,957,965,200
- Discretionary: $12,957,965,200
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 18 | $12,858,897,387 |
| Insurance companies | Fewer than 5 | $99,067,813 |

### 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: 2012 (14 years)
- Employees: 16 total, 14 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: DE, GA, IN, NJ, NY
- Disclosures (Item 11): Reports 3 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): 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?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): 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?

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/161608

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Atlanta, GA

### Websites listed on Form ADV (Item 1.I)
- [aresfoundation.org](https://aresfoundation.org)
- [aresfoundationreport.aresmgmt.com](https://aresfoundationreport.aresmgmt.com)
- [aresmgmt.com](https://aresmgmt.com)
- [areswms.com](https://areswms.com)
- Instagram @ares_mgmt
- LinkedIn @ares-management
- X @Ares_Management
- YouTube @ares_management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $6,578,911,475 | 22 | March 31, 2021 |
| October 2022 | $8,320,388,753 | 21 | August 23, 2022 |
| October 2023 | $12,962,712,464 | 18 | March 31, 2023 |
| October 2024 | $13,691,819,689 | 15 | August 27, 2024 |
| October 2025 | $12,546,351,190 | 20 | May 30, 2025 |
| October 2026 | $12,957,965,200 | 16 | August 26, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- 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.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Ivy Hill Asset Management, L.P. (CRD 161608): Form ADV filing data as of October 2026.