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RIA / WealthRegistered adviserasset managerSEC registeredRAUM 100m 1b

SECOND ALPHA PARTNERS

SECOND ALPHA PARTNERS, LLC, CRD 282418

NEW YORK, NY

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Search this name across graphsid dfx:ria:09b70eb9-1f3d-85a2-8b25-cd4855a3f43f

Data as of Mar 30, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 8:04 AM UTC and rebuilt at most every 15 minutes.

Relationships: 24
Dated events: 2
On other graphs: 3
Observed: Jun 29, 2021 to Mar 30, 2026
7 observations

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Venture Capitalidentity

Second Alpha Partners

Venture manager · shared crd

Independent Sponsorsidentity

Second Alpha Partners

Capital provider to sponsors · shared crd

Private Equityidentity

Second Alpha Partners

Private equity manager · shared crd

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: asset managerderivedprivate_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $438MItem 5.F on the latest filing (2026-03-30); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $438M
Private client RAUM: $0derivedItem 5.D individuals plus high net worth individuals
Private client share: 0%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 6
Advisory employees: 5
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 9
Private funds: 8Schedule D 7.B(1)
Custody, client assets: $322M
SEC number: 801-121935
CRD: 282418
Filings on the tape: 7
First filed: Jun 29, 2021
Latest filed: Mar 30, 2026
Organised: Limited Liability Company, DE
Website: secondalpha.com

Private funds

Schedule D 7.B(1); gross asset value as reported, never fund size; reporting ends 2024-12-31

Fund	Type	Reported GAV	As of	Owners	First reported	Status	Form D file
SECOND ALPHA PARTNERS V, L.P.	Private Equity Fund	$237M	Mar 26, 2024	91	Mar 29, 2021	reported	n/a
SECOND ALPHA PARTNERS IV, L.P.	Private Equity Fund	$123M	Mar 26, 2024	93	Mar 30, 2016	reported	n/a
SECOND ALPHA PARTNERS IV OPENX FUND 1, L.P.	Private Equity Fund	$13.3M	Mar 26, 2024	12	Mar 28, 2018	reported	n/a
SECOND ALPHA PARTNERS CONVIVA CO-INVESTMENT 2022, L.P.	Private Equity Fund	$9.3M	Mar 26, 2024	17	Mar 24, 2023	reported	n/a
SECOND ALPHA PARTNERS IV HC FUND 1, L.P.	Private Equity Fund	$8.0M	Mar 26, 2024	3	Mar 26, 2020	reported	n/a
SEP SPECIAL SITUATIONS II, L.P.	Private Equity Fund	$7.5M	Mar 26, 2020	2	Mar 30, 2016	dropped	n/a
SECOND ALPHA PARTNERS - HEALTHCARE 2021 CO-INVESTMENT, L.P.	Private Equity Fund	$5.8M	Mar 26, 2024	25	Mar 31, 2022	reported	n/a
SECOND ALPHA PARTNERS FUND, LLC	Private Equity Fund	$5.2M	Mar 28, 2017	6	Mar 30, 2016	dropped	n/a
DOLPHIN COMMUNICATIONS I, LLC	Private Equity Fund	$3.5M	Mar 26, 2020	1	Mar 30, 2016	dropped	n/a
SECOND ALPHA TGO PARTNERS, L.P.	Private Equity Fund	$2.9M	Mar 24, 2023	7	Mar 26, 2020	reported	n/a
SECOND ALPHA PARTNERS III (A), L.P.	Private Equity Fund	$636,563	Mar 26, 2020	2	Mar 29, 2019	dropped	n/a
SECOND ALPHA PARTNERS I (A), L.P.	Private Equity Fund	$305,802	Mar 26, 2020	10	Mar 30, 2016	dropped	n/a
SECOND ALPHA PARTNERS I (C), L.P.	Private Equity Fund	$177,040	Mar 29, 2021	12	Mar 30, 2016	dropped	n/a
SECOND ALPHA PARTNERS I (B), L.P.	Private Equity Fund	$112,541	Mar 26, 2020	6	Mar 30, 2016	dropped	n/a
DOLPHIN COMMUNICATIONS, L.P.	Private Equity Fund	$84,321	Mar 24, 2023	7	Mar 30, 2016	reported	n/a
SEP SPECIAL SITUATIONS, L.P.	Private Equity Fund	$72,905	Mar 26, 2020	8	Mar 30, 2016	dropped	n/a
SECOND ALPHA PARTNERS I (D), L.P.	Private Equity Fund	$70,818	Mar 29, 2021	4	Mar 30, 2016	dropped	n/a
DOLPHIN COMMUNICATIONS II, L.P.	Private Equity Fund	$14,081	Mar 29, 2021	7	Mar 30, 2016	dropped	n/a
SECOND ALPHA PARTNERS III, L.P.	Private Equity Fund	$10,529	Mar 29, 2021	7	Mar 30, 2016	dropped	n/a
SECOND ALPHA PARTNERS II, L.P.	Private Equity Fund	$0	Mar 28, 2017	4	Mar 30, 2016	dropped	n/a
SECOND ALPHA PARTNERS III (B), L.P.	Private Equity Fund	$0	Mar 26, 2020	6	Mar 30, 2016	dropped	n/a

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
BREKKA, RICHARD, JAMES	MANAGING MEMBER	D	yes	12/2011	Jun 29, 2021	Mar 26, 2024
GALANTINI, EUGENE, GREGORY	CHIEF COMPLIANCE OFFICER AND CHIEF FINANCIAL OFFICER	Na	yes	05/2021	Jun 29, 2021	Mar 26, 2024
SANGER, JAMES, DAVID	MANAGING MEMBER	D	yes	12/2011	Jun 29, 2021	Mar 26, 2024

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
SECOND ALPHA PARTNERS II GP, L.P.	n/a	n/a	n/a	N	yes	n/a
SECOND ALPHA PARTNERS IV GP, L.P.	n/a	n/a	n/a	N	yes	n/a
SECOND ALPHA PARTNERS V GP, L.P.	n/a	n/a	n/a	N	yes	n/a

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Private funds	Fund GAV
2025	Mar 30, 2026	$438M	$438M	6	5	8	n/a
2024	Mar 31, 2025	$335M	$335M	8	7	7	n/a
2023	Mar 26, 2024	$397M	$397M	8	6	6	$397M
2022	Mar 24, 2023	$323M	$323M	7	5	8	$323M
2021	Mar 31, 2022	$257M	$257M	6	5	7	$258M

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$438M	$335M	30.9%	$323M	10.8%	6	8	0	0

Relationships

Advises (21)

→ SECOND ALPHA PARTNERS V, L.P.Private fundPrivate Equity Fund, IA
Mar 29, 2021 to presentfactForm ADV
→ SECOND ALPHA PARTNERS CONVIVA CO-INVESTMENT 2022, L.P.Private fundPrivate Equity Fund, IA
Mar 24, 2023 to presentfactForm ADV
→ SECOND ALPHA PARTNERS IV OPENX FUND 1, L.P.Private fundPrivate Equity Fund, IA
Mar 28, 2018 to presentfactForm ADV
→ SECOND ALPHA PARTNERS - HEALTHCARE 2021 CO-INVESTMENT, L.P.Private fundPrivate Equity Fund, IA
Mar 31, 2022 to presentfactForm ADV
→ SECOND ALPHA PARTNERS IV HC FUND 1, L.P.Private fundPrivate Equity Fund, IA
Mar 26, 2020 to presentfactForm ADV
→ SECOND ALPHA PARTNERS IV, L.P.Private fundPrivate Equity Fund, IA
Mar 30, 2016 to presentfactForm ADV
→ SECOND ALPHA TGO PARTNERS, L.P.Private fundPrivate Equity Fund, IA
Mar 26, 2020 to presentfactForm ADV
→ DOLPHIN COMMUNICATIONS, L.P.Private fundPrivate Equity Fund, IA
Mar 30, 2016 to presentfactForm ADV
→ SECOND ALPHA PARTNERS I (D), L.P.Private fundPrivate Equity Fund, ERA, no longer reported
Mar 30, 2016 to Mar 29, 2021factForm ADV
→ DOLPHIN COMMUNICATIONS II, L.P.Private fundPrivate Equity Fund, ERA, no longer reported
Mar 30, 2016 to Mar 29, 2021factForm ADV
→ SECOND ALPHA PARTNERS III, L.P.Private fundPrivate Equity Fund, ERA, no longer reported
Mar 30, 2016 to Mar 29, 2021factForm ADV
→ SECOND ALPHA PARTNERS I (C), L.P.Private fundPrivate Equity Fund, ERA, no longer reported
Mar 30, 2016 to Mar 29, 2021factForm ADV
→ SECOND ALPHA PARTNERS III (B), L.P.Private fundPrivate Equity Fund, ERA, no longer reported
Mar 30, 2016 to Mar 26, 2020factForm ADV
→ SEP SPECIAL SITUATIONS II, L.P.Private fundPrivate Equity Fund, ERA, no longer reported
Mar 30, 2016 to Mar 26, 2020factForm ADV
→ SEP SPECIAL SITUATIONS, L.P.Private fundPrivate Equity Fund, ERA, no longer reported
Mar 30, 2016 to Mar 26, 2020factForm ADV
→ SECOND ALPHA PARTNERS I (B), L.P.Private fundPrivate Equity Fund, ERA, no longer reported
Mar 30, 2016 to Mar 26, 2020factForm ADV
→ DOLPHIN COMMUNICATIONS I, LLCPrivate fundPrivate Equity Fund, ERA, no longer reported
Mar 30, 2016 to Mar 26, 2020factForm ADV
→ SECOND ALPHA PARTNERS III (A), L.P.Private fundPrivate Equity Fund, ERA, no longer reported
Mar 29, 2019 to Mar 26, 2020factForm ADV
→ SECOND ALPHA PARTNERS I (A), L.P.Private fundPrivate Equity Fund, ERA, no longer reported
Mar 30, 2016 to Mar 26, 2020factForm ADV
→ SECOND ALPHA PARTNERS FUND, LLCPrivate fundPrivate Equity Fund, ERA, no longer reported
Mar 30, 2016 to Mar 28, 2017factForm ADV
→ SECOND ALPHA PARTNERS II, L.P.Private fundPrivate Equity Fund, ERA, no longer reported
Mar 30, 2016 to Mar 28, 2017factForm ADV

Controls (3)

← SANGER, JAMES, DAVIDOwnerMANAGING MEMBER, ownership code D, individual
Jun 29, 2021 to Mar 26, 2024factForm ADV
← BREKKA, RICHARD, JAMESOwnerMANAGING MEMBER, ownership code D, individual
Jun 29, 2021 to Mar 26, 2024factForm ADV
← GALANTINI, EUGENE, GREGORYOwnerCHIEF COMPLIANCE OFFICER AND CHIEF FINANCIAL OFFICER, ownership code NA, individual
Jun 29, 2021 to Mar 26, 2024factForm ADV

Dated events

Occurred
Mar 30, 2026
Regulatory AUM changed
Second Alpha Partners reported RAUM $438.4M, up 31% from $334.9M (2025-07-18 to 2026-03-30)
Form ADVobserved 4 days ago
$103M
Occurred
Jun 29, 2021
First Form ADV filing
Second Alpha Partners filed its initial SEC registration (Form ADV)
Form ADVobserved 4 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:09b70eb9-1f3d-85a2-8b25-cd4855a3f43f
First observed: Jun 29, 2021
Last observed: Mar 30, 2026 5 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

SECOND ALPHA PARTNERS

SECOND ALPHA PARTNERS, LLC, CRD 282418

NEW YORK, NY

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:09b70eb9-1f3d-85a2-8b25-cd4855a3f43f

Data as of Mar 30, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 8:04 AM UTC and rebuilt at most every 15 minutes.

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

SECOND ALPHA PARTNERS V, L.P.

Private Equity Fund

$237M

Mar 26, 2024

Mar 29, 2021

reported

n/a

SECOND ALPHA PARTNERS IV, L.P.

Private Equity Fund

$123M

Mar 26, 2024

Mar 30, 2016

reported

n/a

SECOND ALPHA PARTNERS IV OPENX FUND 1, L.P.

Private Equity Fund

$13.3M

Mar 26, 2024

Mar 28, 2018

reported

n/a

SECOND ALPHA PARTNERS CONVIVA CO-INVESTMENT 2022, L.P.

Private Equity Fund

$9.3M

Mar 26, 2024

Mar 24, 2023

reported

n/a

SECOND ALPHA PARTNERS IV HC FUND 1, L.P.

Private Equity Fund

$8.0M

Mar 26, 2024

Mar 26, 2020

reported

n/a

SEP SPECIAL SITUATIONS II, L.P.

Private Equity Fund

$7.5M

Mar 26, 2020

Mar 30, 2016

dropped

n/a

SECOND ALPHA PARTNERS - HEALTHCARE 2021 CO-INVESTMENT, L.P.

Private Equity Fund

$5.8M

Mar 26, 2024

Mar 31, 2022

reported

n/a

SECOND ALPHA PARTNERS FUND, LLC

Private Equity Fund

$5.2M

Mar 28, 2017

Mar 30, 2016

dropped

n/a

DOLPHIN COMMUNICATIONS I, LLC

Private Equity Fund

$3.5M

Mar 26, 2020

Mar 30, 2016

dropped

n/a

SECOND ALPHA TGO PARTNERS, L.P.

Private Equity Fund

$2.9M

Mar 24, 2023

Mar 26, 2020

reported

n/a

SECOND ALPHA PARTNERS III (A), L.P.

Private Equity Fund

$636,563

Mar 26, 2020

Mar 29, 2019

dropped

n/a

SECOND ALPHA PARTNERS I (A), L.P.

Private Equity Fund

$305,802

Mar 26, 2020

Mar 30, 2016

dropped

n/a

SECOND ALPHA PARTNERS I (C), L.P.

Private Equity Fund

$177,040

Mar 29, 2021

Mar 30, 2016

dropped

n/a

SECOND ALPHA PARTNERS I (B), L.P.

Private Equity Fund

$112,541

Mar 26, 2020

Mar 30, 2016

dropped

n/a

DOLPHIN COMMUNICATIONS, L.P.

Private Equity Fund

$84,321

Mar 24, 2023

Mar 30, 2016

reported

n/a

SEP SPECIAL SITUATIONS, L.P.

Private Equity Fund

$72,905

Mar 26, 2020

Mar 30, 2016

dropped

n/a

SECOND ALPHA PARTNERS I (D), L.P.

Private Equity Fund

$70,818

Mar 29, 2021

Mar 30, 2016

dropped

n/a

DOLPHIN COMMUNICATIONS II, L.P.

Private Equity Fund

$14,081

Mar 29, 2021

Mar 30, 2016

dropped

n/a

SECOND ALPHA PARTNERS III, L.P.

Private Equity Fund

$10,529

Mar 29, 2021

Mar 30, 2016

dropped

n/a

SECOND ALPHA PARTNERS II, L.P.

Private Equity Fund

Mar 28, 2017

Mar 30, 2016

dropped

n/a

SECOND ALPHA PARTNERS III (B), L.P.

Private Equity Fund

Mar 26, 2020

Mar 30, 2016

dropped

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

BREKKA, RICHARD, JAMES

MANAGING MEMBER

yes

12/2011

Jun 29, 2021

Mar 26, 2024

GALANTINI, EUGENE, GREGORY

CHIEF COMPLIANCE OFFICER AND CHIEF FINANCIAL OFFICER

yes

05/2021

Jun 29, 2021

Mar 26, 2024

SANGER, JAMES, DAVID

MANAGING MEMBER

yes

12/2011

Jun 29, 2021

Mar 26, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

SECOND ALPHA PARTNERS II GP, L.P.

n/a

yes

n/a

SECOND ALPHA PARTNERS IV GP, L.P.

n/a

yes

n/a

SECOND ALPHA PARTNERS V GP, L.P.

n/a

yes

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 30, 2026

$438M

n/a

2024

Mar 31, 2025

$335M

n/a

2023

Mar 26, 2024

$397M

2022

Mar 24, 2023

$323M

2021

Mar 31, 2022

$257M

$258M

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$438M

$335M

30.9%

$323M

10.8%