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RIA / WealthRegistered adviserasset managerSEC registeredRAUM 1b 10b

VARIANT INVESTMENTS

VARIANT INVESTMENTS, LLC, CRD 289261

PORTLAND, OR

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:ab0526e8-09bd-79f9-37ff-be794e7f6529

Data as of May 29, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 12:35 PM UTC and rebuilt at most every 15 minutes.

Relationships: 16
Dated events: 7
On other graphs: 1
Observed: Jul 24, 2017 to May 29, 2026
19 observations

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand; an owner is a different entity, resolved from Schedule A/B

Independent Sponsorsidentity

Variant Investments

Capital provider to sponsors · shared crd

Private Equityowner

Kudu Investment Holdings, LLC

owned by this firm per Schedule A (the owner's CRD) · confidence 90% · family precision 100%

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=5.0
Regulatory AUM: $2.6BItem 5.F on the latest filing (2026-05-29); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $2.6B
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: 33
Advisory employees: 32
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 4
Individual clients: 0
High net worth clients: 0
Private funds: 1Schedule D 7.B(1)
Custody, client assets: $0
SEC number: 801-113357
CIK: 1737404
CRD: 289261
Filings on the tape: 19
First filed: Jul 24, 2017
Latest filed: May 29, 2026
Organised: Limited Liability Company, OR
Website: variantinvestments.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
VARIANT ALTERNATIVE INCOME FUND LP	Hedge Fund	$18.5M	May 2, 2018	10	Nov 8, 2017	dropped	021-297252

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
BOCO INVESTMENTS, LLC	Member	C	yes	09/2017	Nov 8, 2017	Nov 5, 2024
COOK, KRISTIN, ANNE	CHIEF OPERATIONS OFFICER	Na	yes	10/2023	Nov 20, 2023	Nov 5, 2024
ELSASSER, ROBERT, WILLIAM	MANAGING MEMBER	B	yes	07/2017	Jul 24, 2017	Nov 5, 2024
FINTEL, CURTIS, NEIL	MANAGING MEMBER	B	yes	07/2017	Jul 24, 2017	Nov 5, 2024
HAYES, JERALD, BENJAMIN	MANAGING MEMBER	B	yes	07/2017	Jul 24, 2017	Nov 5, 2024
KLEMSZ, BRIAN, LOYD	Member	Na	yes	09/2017	Nov 8, 2017	Nov 5, 2024
KUDU INVESTMENT HOLDINGS, LLC	Member	E	yes	01/2023	Feb 9, 2023	Nov 5, 2024
KUDU INVESTMENT MANAGEMENT LLC	Member	E	yes	01/2023	Feb 9, 2023	Nov 5, 2024
KUDU INVESTMENT US, LLC	Member	C	yes	01/2023	Feb 9, 2023	Nov 5, 2024
PAT STRYKER LIVING TRUST	Owner	C	yes	09/2017	Nov 8, 2017	Nov 5, 2024
Patricia, Stryker, A	Trustee	C	yes	09/2017	Jul 1, 2020	Nov 5, 2024
WM REGENT LTD	Shareholder	C	yes	01/2023	Feb 9, 2023	Nov 5, 2024
Zhu, Lisa	CHIEF COMPLIANCE OFFICER	Na	yes	04/2023	Apr 25, 2023	Nov 5, 2024
ZIMLICH, JOSEPH, C	Member	A	yes	09/2017	Nov 8, 2017	Nov 5, 2024
Park, Brian, Anthony	GENERAL COUNSEL	Na	no	09/2024	Nov 5, 2024	Nov 5, 2024

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	Offices	Private funds	Fund GAV
2025	Feb 20, 2026	$2.8B	$2.8B	30	29	0	1	n/a
2024	Mar 10, 2025	$3.0B	$3.0B	29	28	0	n/a	n/a
2023	Jan 31, 2024	$3.0B	$3.0B	24	23	0	n/a	n/a
2022	Feb 9, 2023	$2.4B	$2.4B	14	13	0	n/a	n/a
2021	Feb 24, 2022	$1.6B	$1.6B	11	10	0	n/a	n/a
2020	Feb 16, 2021	$700M	$700M	8	7	0	n/a	n/a
2019	Mar 24, 2020	$373M	$373M	6	5	1	n/a	n/a
2018	Mar 13, 2019	$39.0M	$39.0M	5	3	1	n/a	n/a

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	$2.6B	$3.0B	-12.4%	$2.4B	3.2%	33	29	0	0

Relationships

Controls (14)

← KLEMSZ, BRIAN, LOYDOwnerMEMBER, ownership code NA, individual
Nov 8, 2017 to Nov 5, 2024factForm ADV
← KUDU INVESTMENT HOLDINGS, LLCOwnerMEMBER, ownership code E, domestic entity
Feb 9, 2023 to Nov 5, 2024factForm ADV
← COOK, KRISTIN, ANNEOwnerCHIEF OPERATIONS OFFICER, ownership code NA, individual
Nov 20, 2023 to Nov 5, 2024factForm ADV
← HAYES, JERALD, BENJAMINOwnerMANAGING MEMBER, ownership code B, individual
Jul 24, 2017 to Nov 5, 2024factForm ADV
← FINTEL, CURTIS, NEILOwnerMANAGING MEMBER, ownership code B, individual
Jul 24, 2017 to Nov 5, 2024factForm ADV
← ELSASSER, ROBERT, WILLIAMOwnerMANAGING MEMBER, ownership code B, individual
Jul 24, 2017 to Nov 5, 2024factForm ADV
← ZIMLICH, JOSEPH, COwnerMEMBER, ownership code A, individual
Nov 8, 2017 to Nov 5, 2024factForm ADV
← Zhu, LisaOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Apr 25, 2023 to Nov 5, 2024factForm ADV
← Patricia, Stryker, AOwnerTRUSTEE, ownership code C, individual
Jul 1, 2020 to Nov 5, 2024factForm ADV
← BOCO INVESTMENTS, LLCOwnerMEMBER, ownership code C, domestic entity
Nov 8, 2017 to Nov 5, 2024factForm ADV
← KUDU INVESTMENT MANAGEMENT LLCOwnerMEMBER, ownership code E, domestic entity
Feb 9, 2023 to Nov 5, 2024factForm ADV
← KUDU INVESTMENT US, LLCOwnerMEMBER, ownership code C, domestic entity
Feb 9, 2023 to Nov 5, 2024factForm ADV
← PAT STRYKER LIVING TRUSTOwnerOWNER, ownership code C, domestic entity
Nov 8, 2017 to Nov 5, 2024factForm ADV
← WM REGENT LTDOwnerSHAREHOLDER, ownership code C, domestic entity
Feb 9, 2023 to Nov 5, 2024factForm ADV

Owns (1)

← Park, Brian, AnthonyOwnerGENERAL COUNSEL, ownership code NA, individual
Nov 5, 2024 to Nov 5, 2024factForm ADV

Advises (1)

→ VARIANT ALTERNATIVE INCOME FUND LPPrivate fundHedge Fund, IA, no longer reported
Nov 8, 2017 to May 2, 2018factForm ADV

Dated events

Occurred
Nov 20, 2023
Control person joined
Anne Kristin Cook (Chief Operations Officer) appeared on Schedule A of Variant Investments
Form ADVobserved 6 days ago
Occurred
Apr 25, 2023
Control person joined
Lisa Zhu (Chief Compliance Officer) appeared on Schedule A of Variant Investments
Form ADVobserved 6 days ago
Occurred
Sep 16, 2022
Regulatory AUM changed
Variant Investments reported RAUM $2.1B, up 32% from $1.6B (2022-02-24 to 2022-09-16)
Form ADVobserved 6 days ago
$516M
Occurred
Feb 24, 2022
Regulatory AUM changed
Variant Investments reported RAUM $1.6B, up 132% from $700.0M (2021-02-16 to 2022-02-24)
Form ADVobserved 6 days ago
$924M
Occurred
Feb 16, 2021
Regulatory AUM changed
Variant Investments reported RAUM $700.0M, up 77% from $395.0M (2020-07-01 to 2021-02-16)
Form ADVobserved 6 days ago
$305M
Occurred
Jul 1, 2020
Control person joined
A Stryker Patricia (Trustee) appeared on Schedule A of Variant Investments
Form ADVobserved 6 days ago
Occurred
Jul 24, 2017
First Form ADV filing
Variant Investments filed its initial SEC registration (Form ADV)
Form ADVobserved 6 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:ab0526e8-09bd-79f9-37ff-be794e7f6529
First observed: Jul 24, 2017
Last observed: May 29, 2026 3 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.

VARIANT INVESTMENTS

VARIANT INVESTMENTS, LLC, CRD 289261

PORTLAND, OR

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:ab0526e8-09bd-79f9-37ff-be794e7f6529

Data as of May 29, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 12:35 PM UTC and rebuilt at most every 15 minutes.

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

VARIANT ALTERNATIVE INCOME FUND LP

Hedge Fund

$18.5M

May 2, 2018

Nov 8, 2017

dropped

021-297252

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

BOCO INVESTMENTS, LLC

Member

yes

09/2017

Nov 8, 2017

Nov 5, 2024

COOK, KRISTIN, ANNE

CHIEF OPERATIONS OFFICER

yes

10/2023

Nov 20, 2023

Nov 5, 2024

ELSASSER, ROBERT, WILLIAM

MANAGING MEMBER

yes

07/2017

Jul 24, 2017

Nov 5, 2024

FINTEL, CURTIS, NEIL

MANAGING MEMBER

yes

07/2017

Jul 24, 2017

Nov 5, 2024

HAYES, JERALD, BENJAMIN

MANAGING MEMBER

yes

07/2017

Jul 24, 2017

Nov 5, 2024

KLEMSZ, BRIAN, LOYD

Member

yes

09/2017

Nov 8, 2017

Nov 5, 2024

KUDU INVESTMENT HOLDINGS, LLC

Member

yes

01/2023

Feb 9, 2023

Nov 5, 2024

KUDU INVESTMENT MANAGEMENT LLC

Member

yes

01/2023

Feb 9, 2023

Nov 5, 2024

KUDU INVESTMENT US, LLC

Member

yes

01/2023

Feb 9, 2023

Nov 5, 2024

PAT STRYKER LIVING TRUST

Owner

yes

09/2017

Nov 8, 2017

Nov 5, 2024

Patricia, Stryker, A

Trustee

yes

09/2017

Jul 1, 2020

Nov 5, 2024

WM REGENT LTD

Shareholder

yes

01/2023

Feb 9, 2023

Nov 5, 2024

Zhu, Lisa

CHIEF COMPLIANCE OFFICER

yes

04/2023

Apr 25, 2023

Nov 5, 2024

ZIMLICH, JOSEPH, C

Member

yes

09/2017

Nov 8, 2017

Nov 5, 2024

Park, Brian, Anthony

GENERAL COUNSEL

09/2024

Nov 5, 2024

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Feb 20, 2026

$2.8B

n/a

2024

Mar 10, 2025

$3.0B

n/a

2023

Jan 31, 2024

$3.0B

n/a

2022

Feb 9, 2023

$2.4B

n/a

2021

Feb 24, 2022

$1.6B

n/a

2020

Feb 16, 2021

$700M

n/a

2019

Mar 24, 2020

$373M

n/a

2018

Mar 13, 2019

$39.0M

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$2.6B

$3.0B

-12.4%

$2.4B

3.2%