# MAN Solutions LLC

> MAN Solutions LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2011, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 157592
- Filed as: MAN SOLUTIONS LLC
- Also doing business as: EXTERNAL ALPHA, MAN GROUP, MAN SOLUTIONS USA
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/157592
- AdvisorCensus page: https://advisorcensus.com/firm/man-solutions-llc-new-york-ny-157592

## Quick answers

**How is MAN Solutions LLC compensated?**
On its Form ADV (Item 5.E, October 2026), MAN Solutions LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is MAN Solutions LLC located?**
MAN Solutions LLC's principal office is in New York, NY, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is MAN Solutions LLC registered with the SEC or a state?**
MAN Solutions LLC is an SEC-registered investment advisory firm, registered since 2011. Status as filed: Approved. CRD 157592.

**How much does MAN Solutions LLC manage?**
MAN Solutions LLC reports $10,098,938,530 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have MAN Solutions LLC's assets and staff changed since 2021?**
In the Form ADV data for MAN Solutions LLC: Regulatory assets under management: $982,699,165 in the October 2021 data and $10,098,938,530 in the October 2026 data, up 928%. Total employees: 15 in October 2021 and 22 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does MAN Solutions LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (8); investment companies (4).

**Does MAN Solutions LLC report any disciplinary disclosures?**
Reports 2 disclosure items on Form ADV Item 11: yes answers to 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/157592

**What changed in MAN Solutions LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 17 to 15. Regulatory assets under management went from $7,264,568,976 to $10,098,938,530 (+39%).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $10,098,938,530
- Discretionary: $10,098,938,530
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Investment companies | 4 | $84,954,417 |
| Pooled investment vehicles (other than investment companies and business development companies) | 8 | $10,013,984,113 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2011 (15 years)
- Employees: 22 total, 15 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): 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?
- 11.D(4): 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?

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/157592

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Boston, MA

### Websites listed on Form ADV (Item 1.I)
- [man.com](https://man.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $982,699,165 | 15 | September 1, 2021 |
| October 2022 | $1,066,833,133 | 16 | July 20, 2022 |
| October 2023 | $1,530,107,339 | 20 | September 26, 2023 |
| October 2024 | $7,289,330,787 | 27 | August 29, 2024 |
| October 2025 | $7,264,568,976 | 24 | July 25, 2025 |
| October 2026 | $10,098,938,530 | 22 | March 31, 2026 |

Regulatory assets under management: $982,699,165 in the October 2021 data and $10,098,938,530 in the October 2026 data, up 928%.
Total employees: 15 in October 2021 and 22 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 17 to 15.
- Regulatory assets under management went from $7,264,568,976 to $10,098,938,530 (+39%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. MAN Solutions LLC (CRD 157592): Form ADV filing data as of October 2026.