# Oppenheimer Alternative Investment Management, LLC

> Oppenheimer Alternative Investment Management, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2006, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 1, 2026.

- CRD: 140485
- Filed as: OPPENHEIMER ALTERNATIVE INVESTMENT MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: September 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/140485
- AdvisorCensus page: https://advisorcensus.com/firm/oppenheimer-alternative-investment-management-llc-new-york-ny-140485

## Quick answers

**How is Oppenheimer Alternative Investment Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Oppenheimer Alternative Investment Management, 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 Oppenheimer Alternative Investment Management, LLC located?**
Oppenheimer Alternative Investment Management, LLC's principal office is in New York, NY, according to its Form ADV.

**Is Oppenheimer Alternative Investment Management, LLC registered with the SEC or a state?**
Oppenheimer Alternative Investment Management, LLC is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 140485.

**How much does Oppenheimer Alternative Investment Management, LLC manage?**
Oppenheimer Alternative Investment Management, LLC reports $177,846,145 in regulatory assets under management in its Form ADV filing dated September 1, 2026 (100% discretionary).

**How have Oppenheimer Alternative Investment Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Oppenheimer Alternative Investment Management, LLC: Regulatory assets under management: $199,384,918 in the October 2021 data and $177,846,145 in the October 2026 data, down 11%. Total employees: 8 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Oppenheimer Alternative Investment Management, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (7).

**Does Oppenheimer Alternative Investment Management, LLC report any disciplinary disclosures?**
Reports 8 disclosure items on Form ADV Item 11: yes answers to 8 questions about regulatory matters (11.C(2), 11.C(4), 11.C(5), 11.D(2), 11.D(4), 11.E(1), 11.E(2), 11.G). 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/140485

**What changed in Oppenheimer Alternative Investment Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $49,039,633 to $177,846,145 (+263%).

## 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: $177,846,145
- Discretionary: $177,846,145
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 7 | $177,846,145 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2006 (20 years)
- Employees: 9 total, 0 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports 8 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?
- 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?
- 11.E(1): Has a self-regulatory organization (such as FINRA) or a commodities exchange ever found that the firm or an advisory affiliate made a false statement or omission?
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?
- 11.G: Is the firm or an advisory affiliate now the subject of a regulatory proceeding that could result in a yes answer to any part of 11.C, 11.D, or 11.E?

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/140485

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $199,384,918 | 8 | May 24, 2021 |
| October 2022 | $475,176,098 | 8 | September 12, 2022 |
| October 2023 | $269,785,536 | 8 | July 3, 2023 |
| October 2024 | $116,284,662 | 8 | July 2, 2024 |
| October 2025 | $49,039,633 | 9 | July 10, 2025 |
| October 2026 | $177,846,145 | 9 | September 1, 2026 |

Regulatory assets under management: $199,384,918 in the October 2021 data and $177,846,145 in the October 2026 data, down 11%.
Total employees: 8 in October 2021 and 9 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $49,039,633 to $177,846,145 (+263%).

### November 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Oppenheimer Alternative Investment Management, LLC (CRD 140485): Form ADV filing data as of October 2026.