# Metalmark Management II LLC

> Metalmark Management II LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2005, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 132008
- Filed as: METALMARK MANAGEMENT II LLC
- 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/132008
- AdvisorCensus page: https://advisorcensus.com/firm/metalmark-management-ii-llc-new-york-ny-132008

## Quick answers

**How is Metalmark Management II LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Metalmark Management II 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.

**Where is Metalmark Management II LLC located?**
Metalmark Management II LLC's principal office is in New York, NY, according to its Form ADV.

**Is Metalmark Management II LLC registered with the SEC or a state?**
Metalmark Management II LLC is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 132008.

**How much does Metalmark Management II LLC manage?**
Metalmark Management II LLC reports $2,500,229,000 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Metalmark Management II LLC's assets and staff changed since 2021?**
In the Form ADV data for Metalmark Management II LLC: Regulatory assets under management: $2,349,791,000 in the October 2021 data and $2,500,229,000 in the October 2026 data, up 6%. Total employees: 20 in October 2021 and 18 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Metalmark Management II LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (24).

**Does Metalmark Management II LLC 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/132008

**What changed in Metalmark Management II LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 13 to 14.

## 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: $2,500,229,000
- Discretionary: $2,500,229,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 24 | $2,500,229,000 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2005 (21 years)
- Employees: 18 total, 14 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- metalmarkcapital.com
- LinkedIn @metalmark-capital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,349,791,000 | 20 | March 30, 2021 |
| October 2022 | $3,316,123,000 | 17 | March 31, 2022 |
| October 2023 | $2,524,613,000 | 17 | April 28, 2023 |
| October 2024 | $2,337,123,000 | 17 | March 28, 2024 |
| October 2025 | $2,486,473,000 | 17 | April 29, 2025 |
| October 2026 | $2,500,229,000 | 18 | March 31, 2026 |

Regulatory assets under management: $2,349,791,000 in the October 2021 data and $2,500,229,000 in the October 2026 data, up 6%.
Total employees: 20 in October 2021 and 18 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 13 to 14.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Metalmark Management II LLC (CRD 132008): Form ADV filing data as of October 2026.