{
  "crd_number": 111289,
  "slug": "torchlight-investors-llc-new-york-ny-111289",
  "primary_business_name": "TORCHLIGHT INVESTORS, LLC",
  "legal_name": "TORCHLIGHT INVESTORS, LLC",
  "dbas": [
    "TORCHLIGHT STRATEGIC MANAGEMENT, LLC"
  ],
  "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": "1998-02-27",
  "years_registered": 28,
  "period": "2026-10-01",
  "filing_date": "2026-03-27",
  "carried_forward": false,
  "raum_total": 5843878436.0,
  "raum_discretionary": 5843613654.0,
  "raum_non_discretionary": 264782.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 52,
  "advisory_employees": 23,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 5843878436.0,
      "count": 8
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "NY"
  ],
  "websites": [
    "https://linkedin.com/company/torchlight-investors",
    "https://torchlight.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/111289",
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/torchlight-investors-llc-new-york-ny-111289",
  "display_name": "Torchlight Investors, LLC",
  "summary": "Torchlight Investors, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 1998, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.",
  "citation": "AdvisorCensus. Torchlight Investors, LLC (CRD 111289): 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",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Torchlight Investors, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Torchlight Investors, 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."
    },
    {
      "q": "Where is Torchlight Investors, LLC located?",
      "a": "Torchlight Investors, LLC's principal office is in New York, NY, according to its Form ADV."
    },
    {
      "q": "Is Torchlight Investors, LLC registered with the SEC or a state?",
      "a": "Torchlight Investors, LLC is an SEC-registered investment advisory firm, registered since 1998. Status as filed: Approved. CRD 111289."
    },
    {
      "q": "How much does Torchlight Investors, LLC manage?",
      "a": "Torchlight Investors, LLC reports $5,843,878,436 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary)."
    },
    {
      "q": "How have Torchlight Investors, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Torchlight Investors, LLC: Regulatory assets under management: $4,707,268,503 in the October 2021 data and $5,843,878,436 in the October 2026 data, up 24%. Total employees: 58 in October 2021 and 52 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Torchlight Investors, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (8)."
    },
    {
      "q": "Does Torchlight Investors, 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/111289"
    },
    {
      "q": "What changed in Torchlight Investors, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 4707268503.0,
      "total_employees": 58,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 5689979414.0,
      "total_employees": 59,
      "filing_date": "2022-08-02"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 5729408068.0,
      "total_employees": 59,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 6509835769.0,
      "total_employees": 59,
      "filing_date": "2024-08-22"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 6171483596.0,
      "total_employees": 57,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 5843878436.0,
      "total_employees": 52,
      "filing_date": "2026-03-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/torchlight-investors-llc-new-york-ny-111289.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 8,
      "fewer_than_5": false,
      "raum": 5843878436.0
    }
  ],
  "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/111289",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}
