# Northwood Investors LLC

> Northwood Investors LLC is an SEC-registered investment advisory firm in Denver, CO, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 161406
- Filed as: NORTHWOOD INVESTORS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Denver, CO
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/161406
- AdvisorCensus page: https://advisorcensus.com/firm/northwood-investors-llc-denver-co-161406

## Quick answers

**How is Northwood Investors LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Northwood Investors LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other.

**Where is Northwood Investors LLC located?**
Northwood Investors LLC's principal office is in Denver, CO, according to its Form ADV; the April 2026 filing also lists 8 other offices (Schedule D, Section 1.F).

**Is Northwood Investors LLC registered with the SEC or a state?**
Northwood Investors LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 161406.

**How much does Northwood Investors LLC manage?**
Northwood Investors LLC reports $8,968,650,157 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (94% discretionary).

**How have Northwood Investors LLC's assets and staff changed since 2021?**
In the Form ADV data for Northwood Investors LLC: Regulatory assets under management: $9,827,802,903 in the October 2021 data and $8,968,650,157 in the October 2026 data, down 9%. Total employees: 102 in October 2021 and 107 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Northwood Investors LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (30); pension and profit sharing plans (but not the plan participants or government pension plans) (3).

**Does Northwood Investors 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/161406

**Does Northwood Investors LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 31, 2026 says: "Northwood does not have a minimum account size, but clients and investors are required to meet certain suitability qualifications, such as being an “accredited investor” and a “qualified purchaser” within the meaning set forth under the federal securities laws."

**What changed in Northwood Investors LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 30 to 27. Regulatory assets under management went from $10,584,343,554 to $8,968,650,157 (-15%). Changed its office addresses in London. Added an office in Los Angeles, CA. No longer lists an office in Santa Monica, CA.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Account minimum: None

> Northwood does not have a minimum account size, but clients and investors are required to meet certain suitability qualifications, such as being an “accredited investor” and a “qualified purchaser” within the meaning set forth under the federal securities laws.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $8,968,650,157
- Discretionary: $8,475,204,717
- Non-discretionary: $493,445,440

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 30 | $8,475,204,717 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 3 | $493,445,440 |

### 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: 107 total, 27 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, IL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- London
- Los Angeles, CA
- Luxembourg
- Manchester
- New York, NY
- Paris
- Reading, Berkshire
- San Francisco, CA

### Websites listed on Form ADV (Item 1.I)
- [northwoodinvestors.com](https://northwoodinvestors.com)
- [northwoodregional.co.uk](https://northwoodregional.co.uk)
- LinkedIn @northwood-investors-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $9,827,802,903 | 102 | March 31, 2021 |
| October 2022 | $11,022,472,477 | 102 | June 7, 2022 |
| October 2023 | $11,760,146,035 | 102 | March 31, 2023 |
| October 2024 | $8,849,768,102 | 125 | March 29, 2024 |
| October 2025 | $10,584,343,554 | 117 | March 31, 2025 |
| October 2026 | $8,968,650,157 | 107 | March 31, 2026 |

Regulatory assets under management: $9,827,802,903 in the October 2021 data and $8,968,650,157 in the October 2026 data, down 9%.
Total employees: 102 in October 2021 and 107 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 30 to 27.
- Regulatory assets under management went from $10,584,343,554 to $8,968,650,157 (-15%).
- Changed its office addresses in London.
- Added an office in Los Angeles, CA.
- No longer lists an office in Santa Monica, CA.

### February 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Northwood Investors LLC (CRD 161406): Form ADV filing data as of October 2026.