DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Ab Custom Alternative Solutions LLC

Institutional managerNashville, TennesseeCRD 110879SEC 801-60159websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Mar 28, 2012 · 36 filings
SEC status approved since May 11, 2001
RAUM
$1.4B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
1
1 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
36 filings and snapshots on the tape
RAUM$1.4B as of Mar 30, 2026
Mar 28, 2012$2.6B then
HNW client RAUM$0 as of Mar 30, 2026
Mar 29, 2019$0 then
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 22, 20130 then
Employees (5.A)1 as of Mar 30, 2026
Mar 22, 201328 then
Private funds2 as of Mar 31, 2021
Mar 28, 201214 then
RAUM +90% over the last fiscal year+31% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
Archetypes, each a printed rule
  • Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
  • OCIO / institutional advisory · selection of other advisers (5.G.7) and institutional share at least 50 percent
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$1.4BderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
100%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived2 offices incl. principal (1.F.5)
RAUM growth, one year
+90%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • marketing includes testimonials (5.L.1.c)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • State and municipal entities$1.4B100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
1reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.0 institutional_share=1.0 related_bd=true related_bank=true bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Every departureEvery arrival
      Private funds
      15 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Fdrco Ltd.no longer reportedHedge Fund$441M1Mar 28, 2012
      Hedco Ltd.no longer reportedHedge Fund$229M1Mar 28, 2012
      Newberry Offshore Ltd.no longer reportedHedge Fund$61.9M1Mar 28, 2012
      Repco LLCno longer reportedHedge Fund$42.6M1Mar 28, 2012
      Segco LLCno longer reportedHedge Fund$20.0M1Mar 28, 2012
      Ramius Alternative Replication Master Fund Ltd.no longer reportedHedge Fund$11.0M9Mar 28, 2012
      Ramius Multi-Strategy Master Fof Ltd.no longer reportedHedge Fund$7.6M3Mar 28, 2012
      Ramius Vintage Multi-Strategy Fof Ltd.no longer reportedHedge Fund$4.0M8Mar 28, 2012
      Ramius Multi-Strategy Master Fof LPno longer reportedHedge Fund$2.8M23Mar 28, 2012
      Ramius Levered Multi-Strategy Fof LPno longer reportedHedge Fund$1.6M14Mar 28, 2012
      Ramius Insurance Dedicated Fof LPno longer reportedHedge Fund$720,1604Mar 28, 2012
      Ramius Vintage Multi-Strategy Master Fof LPno longer reportedHedge Fund$662,4891Mar 28, 2012
      Ramius Opportunistic Equity Fof Ltd.no longer reportedHedge Fund$150,1322Mar 28, 2012
      Tapestry Investment Vehicle I, Ltd.no longer reportedHedge Fund$00Mar 28, 2012
      Ramius Idf Master Fund LLCno longer reportedHedge Fund$00Aug 25, 2016
      Owners and control persons
      Schedule A and B, latest filing
      • Christopher Kyle Digangi · Global Chief Compliance Officercontrol
        since 03/2020 · owns less than 5%
      • Nmn Vikas Kapoor · Chief Executive Officer / Membercontrol
        since 01/2013 · owns 10% to 25%
      • Randall Mark Manley · General Counsel & Corporate Secretarycontrol
        since 09/2016 · owns less than 5%
      Entity owners
      • Alliance Capital Management LLC · Sole Member
        direct · owns 75% or more
      • Alliancebernstein L.P. · Sole Member
        indirect · owns 75% or more of Alliance Capital Management LLC · public reporting company
      Related persons
      Schedule D 7.A
      Advisers that list Ab Custom Alternative Solutions LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • New York, NY209 employees
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • RAUM up 50 %Change between filings · filing Mar 30, 2026
        RAUM (Item 5.F) moved from $746,000,000 to $1,415,000,000 (+90.0%) between the annual amendments of 2025-03-28 and 2026-03-30; the peer median change was +15.0% (105 comparable advisers, 97.0th percentile of changes)
        peers: institutional managers, $1B to $5B (105) · 97% percentile
      How anomalies are measured
      What changed
      consecutive filings, newest first
      • Discretionary RAUM · $746M to $1.4B
        Jun 17, 2025 to Mar 30, 2026
      • RAUM · $746M to $1.4B
        Jun 17, 2025 to Mar 30, 2026
      • Financial planning clients · 0 to 0
        Mar 28, 2025 to Jun 17, 2025
      • Discretionary RAUM · $484M to $746M
        Mar 28, 2024 to Mar 28, 2025
      • RAUM · $484M to $746M
        Mar 28, 2024 to Mar 28, 2025
      • Accounts · 2 to 1
        Mar 31, 2023 to Mar 28, 2024
      • Pension plan clients · 1 to 0
        Mar 31, 2023 to Mar 28, 2024
      • Discretionary RAUM · $627M to $484M
        Mar 31, 2023 to Mar 28, 2024
      • Pension RAUM · $28.0M to $0
        Mar 31, 2023 to Mar 28, 2024
      • RAUM · $627M to $484M
        Mar 31, 2023 to Mar 28, 2024
      • Accounts · 4 to 2
        Sep 12, 2022 to Mar 31, 2023
      • Pension plan clients · 0 to 1
        Sep 12, 2022 to Mar 31, 2023
      • Pooled vehicle clients · 2 to 0
        Sep 12, 2022 to Mar 31, 2023
      • Discretionary RAUM · $721M to $627M
        Sep 12, 2022 to Mar 31, 2023
      • Pension RAUM · $0 to $28.0M
        Sep 12, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $5.0M to $0
        Sep 12, 2022 to Mar 31, 2023
      • RAUM · $721M to $627M
        Sep 12, 2022 to Mar 31, 2023
      • Accounts · 7 to 4
        Nov 5, 2021 to Mar 31, 2022
      • Advisory employees · 2 to 1
        Nov 5, 2021 to Mar 31, 2022
      • Charity clients · 1 to 0
        Nov 5, 2021 to Mar 31, 2022
      • Corporate clients · 1 to 0
        Nov 5, 2021 to Mar 31, 2022
      • Pension plan clients · 2 to 0
        Nov 5, 2021 to Mar 31, 2022
      • Employees · 2 to 1
        Nov 5, 2021 to Mar 31, 2022
      • Private funds · 2 to unset
        Nov 5, 2021 to Mar 31, 2022
      • Discretionary RAUM · $1.2B to $721M
        Nov 5, 2021 to Mar 31, 2022
      • Pension RAUM · $269M to $0
        Nov 5, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $97.0M to $5.0M
        Nov 5, 2021 to Mar 31, 2022
      • RAUM · $1.2B to $721M
        Nov 5, 2021 to Mar 31, 2022
      • HQ city · NEW YORK to NASHVILLE
        Mar 31, 2021 to Jul 6, 2021
      • HQ state · NY to TN
        Mar 31, 2021 to Jul 6, 2021
      • Accounts · 9 to 7
        Jul 20, 2020 to Mar 31, 2021
      • Advisory employees · 0 to 2
        Jul 20, 2020 to Mar 31, 2021
      • Pooled vehicle clients · 3 to 2
        Jul 20, 2020 to Mar 31, 2021
      • Employees · 0 to 2
        Jul 20, 2020 to Mar 31, 2021
      • Discretionary RAUM · $1.1B to $1.2B
        Jul 20, 2020 to Mar 31, 2021
      • Pension RAUM · $341M to $269M
        Jul 20, 2020 to Mar 31, 2021
      • Pooled vehicle RAUM · $180M to $97.0M
        Jul 20, 2020 to Mar 31, 2021
      • RAUM · $1.1B to $1.2B
        Jul 20, 2020 to Mar 31, 2021
      • Charity clients · 0 to 1
        Mar 29, 2019 to Mar 31, 2020
      • Corporate clients · 0 to 1
        Mar 29, 2019 to Mar 31, 2020
      Signals
      15 dated events
      • Ab Custom Alternative Solutions Llc reported RAUM $1.4B, up 90% from $746.0M (2025-06-17 to 2026-03-30)
        Mar 30, 2026 · RAUM change · derived
      • Ab Custom Alternative Solutions Llc reported RAUM $746.0M, up 54% from $484.0M (2024-03-28 to 2025-03-28)
        Mar 28, 2025 · RAUM change · derived
      • Michael David Lesser (Corporate Secretary) no longer on Schedule A of Ab Custom Alternative Solutions Llc (listed 2023-03-31, absent 2024-03-28)
        Mar 28, 2024 · Control person left · inference
      • Ab Custom Alternative Solutions Llc reported RAUM $721.0M, down 40% from $1.2B (2021-11-05 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • Edward Laurence Cranch (General Counsel) no longer on Schedule A of Ab Custom Alternative Solutions Llc (listed 2021-11-05, absent 2022-03-31)
        Mar 31, 2022 · Control person left · inference
      • Christopher Kyle Digangi (Chief Compliance Officer) appeared on Schedule A of Ab Custom Alternative Solutions Llc
        Mar 31, 2022 · Control person joined · fact
      • Nicholas Stuart Davies (Co Chief Executive Officer / Member) no longer on Schedule A of Ab Custom Alternative Solutions Llc (listed 2021-07-20, absent 2021-11-05)
        Nov 5, 2021 · Control person left · inference
      • Ab Custom Alternative Solutions Llc reported RAUM $1.1B, up 83% from $596.6M (2019-03-29 to 2020-03-31)
        Mar 31, 2020 · RAUM change · derived
      • Thomas Louis Mangan (Director) no longer on Schedule A of Ab Custom Alternative Solutions Llc (listed 2019-03-29, absent 2020-03-31)
        Mar 31, 2020 · Control person left · inference
      • Ab Custom Alternative Solutions Llc reported RAUM $596.6M, down 55% from $1.3B (2018-03-28 to 2019-03-29)
        Mar 29, 2019 · RAUM change · derived
      • Joseph Edward Farrell (Chief Financial Officer) no longer on Schedule A of Ab Custom Alternative Solutions Llc (listed 2018-03-28, absent 2019-03-29)
        Mar 29, 2019 · Control person left · inference
      • Thomas Louis Mangan (Director) appeared on Schedule A of Ab Custom Alternative Solutions Llc
        Mar 29, 2019 · Control person joined · fact
      • Ab Custom Alternative Solutions Llc reported 0 offices beyond its principal office, down from 23 (2018-01-08 to 2018-03-28)
        Mar 28, 2018 · Office count change · derived
      • Ab Custom Alternative Solutions Llc reported RAUM $1.3B, down 36% from $2.1B (2018-01-08 to 2018-03-28)
        Mar 28, 2018 · RAUM change · derived
      • Ramius Alternative Solutions Llc reported succeeding to the business of Another Adviser (Form ADV Item 4)
        Sep 26, 2016 · Succession (Item 4) · fact
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/ab-carvalreportedpublic record, Form ADV, Sep 17, 2026
      Firm profile
      linkedin.com/company/abglobalreportedpublic record, Form ADV, Sep 17, 2026
      Website
      alliancebernstein.bsky.socialreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      615-622-0000reportedpublic record, Form ADV, Mar 30, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Institutional managerderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026