# Star Mountain Fund Management, LLC

> 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.

- CRD: 164728
- Filed as: STAR MOUNTAIN FUND MANAGEMENT, 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/164728
- AdvisorCensus page: https://advisorcensus.com/firm/star-mountain-fund-management-llc-new-york-ny-164728

## Quick answers

**How is Star Mountain Fund Management, LLC compensated?**
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.

**Where is Star Mountain Fund Management, LLC located?**
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).

**Is Star Mountain Fund Management, LLC registered with the SEC or a state?**
Star Mountain Fund Management, LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 164728.

**How much does Star Mountain Fund Management, LLC manage?**
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).

**How have Star Mountain Fund Management, LLC's assets and staff changed since 2021?**
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.

**What types of clients does Star Mountain Fund Management, LLC serve?**
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).

**Which custodians does Star Mountain Fund Management, LLC use?**
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.

**Does Star Mountain Fund Management, 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/164728

**What changed in Star Mountain Fund Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 25 to 22. Changed its office addresses in West Palm Beach, FL.

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- East West Bank

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.

### Regulatory assets under management (Item 5.F)
- Total: $4,175,999,971
- Discretionary: $3,659,152,263
- Non-discretionary: $516,847,708

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Business development companies | 1 | $387,148,753 |
| Pooled investment vehicles (other than investment companies and business development companies) | 29 | $3,535,851,218 |
| Corporations or other businesses not listed above | 4 | $253,000,000 |

### 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: 2014 (12 years)
- Employees: 121 total, 22 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CT, FL, GA, IL, NY, OH, PA, TX
- 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
- Atlanta, GA
- Chicago, IL
- Cleveland, OH
- Dallas, TX
- Greenwich, CT
- Jacksonville, FL
- Los Angeles, CA
- Philadelphia, PA
- Tampa, FL
- West Palm Beach, FL

### Websites listed on Form ADV (Item 1.I)
- itunes.apple.com/us/podcast/star-mountain-capital/id1333649757
- soundcloud.com/starmountaincapital
- starmountaincapital.com
- Facebook @STARMOUNTAINCAPITAL
- Instagram @STAR.MOUNTAIN.CAPITAL
- LinkedIn @star-mountain-capital-llc
- X @STARMOUNTAINCAP
- YouTube @starmountaincapital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,421,411,238 | 50 | March 31, 2021 |
| October 2022 | $2,261,783,201 | 63 | September 13, 2022 |
| October 2023 | $3,185,848,858 | 65 | June 20, 2023 |
| October 2024 | $3,878,021,174 | 69 | March 29, 2024 |
| October 2025 | $3,959,272,846 | 83 | March 28, 2025 |
| October 2026 | $4,175,999,971 | 121 | March 31, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 25 to 22.
- Changed its office addresses in West Palm Beach, FL.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Star Mountain Fund Management, LLC (CRD 164728): Form ADV filing data as of October 2026.