# Torchlight Investors, LLC

> 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.

- CRD: 111289
- Filed as: TORCHLIGHT INVESTORS, LLC
- Also doing business as: TORCHLIGHT STRATEGIC MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/111289
- AdvisorCensus page: https://advisorcensus.com/firm/torchlight-investors-llc-new-york-ny-111289

## Quick answers

**How is Torchlight Investors, LLC compensated?**
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.

**Where is Torchlight Investors, LLC located?**
Torchlight Investors, LLC's principal office is in New York, NY, according to its Form ADV.

**Is Torchlight Investors, LLC registered with the SEC or a state?**
Torchlight Investors, LLC is an SEC-registered investment advisory firm, registered since 1998. Status as filed: Approved. CRD 111289.

**How much does Torchlight Investors, LLC manage?**
Torchlight Investors, LLC reports $5,843,878,436 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have Torchlight Investors, LLC's assets and staff changed since 2021?**
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.

**What types of clients does Torchlight Investors, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (8).

**Does Torchlight 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/111289

**What changed in Torchlight Investors, LLC's recent Form ADV filings?**
In the April 2026 filing data: Updated its list of owners and control persons (Schedule A).

## 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: $5,843,878,436
- Discretionary: $5,843,613,654
- Non-discretionary: $264,782

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 8 | $5,843,878,436 |

### 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
- Other

### Firm details
- Registered since: 1998 (28 years)
- Employees: 52 total, 23 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [torchlight.com](https://torchlight.com)
- LinkedIn @torchlight-investors

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $4,707,268,503 | 58 | March 31, 2021 |
| October 2022 | $5,689,979,414 | 59 | August 2, 2022 |
| October 2023 | $5,729,408,068 | 59 | March 31, 2023 |
| October 2024 | $6,509,835,769 | 59 | August 22, 2024 |
| October 2025 | $6,171,483,596 | 57 | March 28, 2025 |
| October 2026 | $5,843,878,436 | 52 | March 27, 2026 |

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.

## Changes in the filing (last 12 months)

### April 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. Torchlight Investors, LLC (CRD 111289): Form ADV filing data as of October 2026.