{ "crd_number": 164728, "slug": "star-mountain-fund-management-llc-new-york-ny-164728", "primary_business_name": "STAR MOUNTAIN FUND MANAGEMENT, LLC", "legal_name": "STAR MOUNTAIN FUND MANAGEMENT, LLC", "dbas": [], "city": "New York", "state": "NY", "country": "United States", "cbsa_code": "35620", "metro": { "cbsa_code": "35620", "common_name": "New York", "msa_name": "New York-Newark-Jersey City, NY-NJ", "path": "/advisors/ny/new-york" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2014-08-11", "years_registered": 12, "period": "2026-10-01", "filing_date": "2026-03-31", "carried_forward": false, "raum_total": 4175999971.0, "raum_discretionary": 3659152263.0, "raum_non_discretionary": 516847708.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 121, "advisory_employees": 22, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "pooled_investment_vehicles": { "raum": 3535851218.0, "count": 29 }, "corporations_other_businesses": { "raum": 253000000.0, "count": 4, "fewer_than_5": true }, "business_development_companies": { "raum": 387148753.0, "count": 1 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_businesses_institutional", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CA", "CT", "FL", "GA", "IL", "NY", "OH", "PA", "TX" ], "websites": [ "https://facebook.com/STARMOUNTAINCAPITAL", "https://instagram.com/STAR.MOUNTAIN.CAPITAL", "https://itunes.apple.com/us/podcast/star-mountain-capital/id1333649757?mt=2", "https://linkedin.com/company/star-mountain-capital-llc", "https://soundcloud.com/starmountaincapital", "https://starmountaincapital.com", "https://twitter.com/STARMOUNTAINCAP", "https://youtube.com/c/starmountaincapital" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/164728", "city_as_filed": "NEW YORK", "url": "https://advisorcensus.com/firm/star-mountain-fund-management-llc-new-york-ny-164728", "display_name": "Star Mountain Fund Management, LLC", "summary": "Star Mountain Fund Management, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2014, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.", "citation": "AdvisorCensus. Star Mountain Fund Management, LLC (CRD 164728): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients" ], "quick_answers": [ { "q": "How is Star Mountain Fund Management, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Star Mountain Fund Management, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "Where is Star Mountain Fund Management, LLC located?", "a": "Star Mountain Fund Management, LLC's principal office is in New York, NY, according to its Form ADV; the April 2026 filing also lists 10 other offices (Schedule D, Section 1.F)." }, { "q": "Is Star Mountain Fund Management, LLC registered with the SEC or a state?", "a": "Star Mountain Fund Management, LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 164728." }, { "q": "How much does Star Mountain Fund Management, LLC manage?", "a": "Star Mountain Fund Management, LLC reports $4,175,999,971 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (88% discretionary)." }, { "q": "How have Star Mountain Fund Management, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Star Mountain Fund Management, LLC: Regulatory assets under management: $1,421,411,238 in the October 2021 data and $4,175,999,971 in the October 2026 data, up 194%. Total employees: 50 in October 2021 and 121 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Star Mountain Fund Management, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (29); corporations or other businesses not listed above (4); business development companies (1)." }, { "q": "Which custodians does Star Mountain Fund Management, LLC use?", "a": "Star Mountain Fund Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists East West Bank as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Star Mountain Fund Management, LLC report any disciplinary disclosures?", "a": "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/164728" }, { "q": "What changed in Star Mountain Fund Management, LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 25 to 22. Changed its office addresses in West Palm Beach, FL." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 1421411238.0, "total_employees": 50, "filing_date": "2021-03-31" }, { "period": "2022-10-01", "regulatory_assets_under_management": 2261783201.0, "total_employees": 63, "filing_date": "2022-09-13" }, { "period": "2023-10-01", "regulatory_assets_under_management": 3185848858.0, "total_employees": 65, "filing_date": "2023-06-20" }, { "period": "2024-10-01", "regulatory_assets_under_management": 3878021174.0, "total_employees": 69, "filing_date": "2024-03-29" }, { "period": "2025-10-01", "regulatory_assets_under_management": 3959272846.0, "total_employees": 83, "filing_date": "2025-03-28" }, { "period": "2026-10-01", "regulatory_assets_under_management": 4175999971.0, "total_employees": 121, "filing_date": "2026-03-31" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 25 to 22.", "Changed its office addresses in West Palm Beach, FL." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "East West Bank", "name_as_filed": "EAST WEST BANK", "affiliated": false } ], "custodians_note": "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.", "markdown_url": "https://advisorcensus.com/firm/star-mountain-fund-management-llc-new-york-ny-164728.md", "clients": [ { "type": "business_development_companies", "label": "Business development companies", "count": 1, "fewer_than_5": false, "raum": 387148753.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 29, "fewer_than_5": false, "raum": 3535851218.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 4, "fewer_than_5": true, "raum": 253000000.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/164728", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }