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

Investcorp Investment Advisers LLC

Asset manager (funds and pooled vehicles)New York, New YorkCRD 137790SEC 801-64942IAPD
Latest filing Sep 29, 2025
First filing on the tape Mar 30, 2012 · 45 filings
SEC status approved since Nov 25, 2005
RAUM
$5.5B
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
71
37 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
47
reported on Schedule D
History
45 filings and snapshots on the tape
RAUM$5.5B as of Sep 29, 2025
Oct 1, 2012$7.9B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Sep 29, 2025
Sep 27, 20130 then
Employees (5.A)71 as of Sep 29, 2025
Sep 27, 201384 then
Private funds47 as of Sep 29, 2025
Oct 1, 20124 then
RAUM +35% over the last fiscal year+95% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Sep 29, 2025; every figure names its basis
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
$113MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+4.1%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 pooled vehiclesreportedItem 5.G
Custody
$5.5B, 47 clientsreportedItem 9.A
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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$4.0B100%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
49reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$5.5B for 47 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.72 institutional_share=0.0 related_bd=true related_bank=false bd_reps=21.0derived
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
      Private funds
      52 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Investcorp Strategic Capital Partners, L.P.Private Equity Fund$495M51Oct 27, 2020
      Investcorp North American Private Equity Realization Fund 2022, L.P.Private Equity Fund$409M32Sep 28, 2023
      Investcorp North American Private Equity Parallel Fund I-A, L.P.Private Equity Fund$400M2Sep 28, 2022
      Investcorp Technology Secondary Fund 2018, L.P.Private Equity Fund$309M8Sep 30, 2019
      Victors Ccc Aggregator LPPrivate Equity Fund$250M11Sep 28, 2022
      Investcorp Strategic Capital Partners A, L.P.Private Equity Fund$208M13Oct 27, 2020
      Investcorp North American Private Equity Fund I, L.P.Private Equity Fund$200M52Sep 28, 2021
      Investcorp Technology Partners IV B LPPrivate Equity Fund$183M16Aug 28, 2018
      Investcorp North American Private Equity Parallel Fund I, L.P.Private Equity Fund$164M22Sep 28, 2021
      Investcorp Strategic Capital Partners II-B, L.P.Private Equity Fund$145M4Sep 28, 2023
      Helios Aggregator Holdings I LPPrivate Equity Fund$139M33Sep 28, 2023
      Pegasus Aggregator Holdings LPPrivate Equity Fund$128M12Sep 28, 2022
      Investcorp North American Private Equity Parallel Fund I-B, L.P.Private Equity Fund$126M26Sep 28, 2021
      Marlin Coinvest LPPrivate Equity Fund$106M11Sep 28, 2023
      Investcorp Apollo Acquisition Partnership, L.PPrivate Equity Fund$102M3Sep 28, 2022
      Investcorp Relay Coinvest LPPrivate Equity Fund$95.6M4Sep 28, 2022
      Alohomora As Holdings L.P.no longer reportedPrivate Equity Fund$94.2M1Oct 27, 2020
      Investcorp Special Opportunities Italian Distressed Loan Fund LLCno longer reportedHedge Fund$74.0M6Mar 10, 2016
      Investcorp Strategic Capital Partners Master Fund, L.P.Private Equity Fund$71.3M3Sep 28, 2023
      Investcorp Technology Partners III LPno longer reportedPrivate Equity Fund$64.5M34Mar 30, 2012
      Investcorp Coinvestment Partners I, LPno longer reportedPrivate Equity Fund$54.1M1Mar 30, 2012
      Investcorp Highway Acquisition Partnership, L.P.Private Equity Fund$50.9M7Sep 28, 2021
      Investcorp Spark Co-Invest Fund, L.P.Private Equity Fund$49.8M7Sep 27, 2024
      Investcorp Real Estate Credit Fund III Reit LLCno longer reportedReal Estate Fund$47.9M125Sep 27, 2013
      Investcorp Uta Zenith L.P.no longer reportedPrivate Equity Fund$41.9M2Oct 27, 2020
      Investcorp Roadway Coinvest LPPrivate Equity Fund$40.4M4Sep 28, 2021
      Investcorp Propel Acquisition Partnership, L.P.Private Equity Fund$34.5M3Sep 28, 2022
      Investcorp Aspen Offshore Fund II, L.P.Private Equity Fund$34.4M1Oct 27, 2020
      Investcorp Carrier Acquisition Partnership, L.PPrivate Equity Fund$34.0M3Sep 28, 2022
      Investcorp Switch Aggregator LPPrivate Equity Fund$32.4M25Sep 28, 2023
      Taycan Aggregator, LLCPrivate Equity Fund$30.3M1Sep 27, 2024
      Investcorp Fortune As, L.PPrivate Equity Fund$25.7M1Sep 28, 2022
      Investcorp Taycan Acquisition Partnership, L.P.no longer reportedPrivate Equity Fund$25.5M2Oct 24, 2023
      Investcorp Uta Zenith V L.P.no longer reportedPrivate Equity Fund$20.9M1Oct 27, 2020
      Investcorp Transformer Aggregator LPPrivate Equity Fund$18.7M2Sep 28, 2022
      Investcorp Keras Coinvest II, L.P.Private Equity Fund$16.3M4Sep 28, 2021
      Investcorp Aspen Offshore Fund, L.P.Private Equity Fund$16.0M3Oct 27, 2020
      Anchor Holdco LPPrivate Equity Fund$15.1M4Oct 24, 2023
      Investcorp Wolverine Coinvest, L.P.Private Equity Fund$14.5M4Sep 28, 2021
      Investcorp Real Estate Credit Fund III LPno longer reportedReal Estate Fund$14.3M3Sep 27, 2013
      All funds of Investcorp Investment Advisers LLC
      Owners and control persons
      Schedule A and B, latest filing
      • William Anthony Maniscalco · Manager, Head Of Strategic Capital Investmentscontrol
        since 09/2019 · owns less than 5%
      • Nicholas Mcgrane · Co-Heads Of North American Private Equitycontrol
        since 09/2024 · owns less than 5%
      • Joseph Brian Murphy · Chief Compliance Officercontrol
        since 08/2005 · owns less than 5%
      • P Miller Stephen · Co-Heads Of North American Private Equitycontrol
        since 09/2024 · owns less than 5%
      • Alan David Tayeh · Manager, Head Of Global Private Equitycontrol
        since 09/2024 · owns less than 5%
      Entity owners
      • Investcorp International Holdings Inc. · Sole Member
        direct · owns 75% or more
      • Cp Holdings Ltd · Shareholder
        indirect · owns 75% or more of Investcorp Holdings Ltd
      • Iesip Holdings Ltd · Shareholder
        indirect · owns 75% or more of Iesip Investments Spc Ltd
      • Iesip Investments Spc Ltd · Shareholder
        indirect · owns 25% to 50% of Sipco Ltd
      • Investcorp Holdings Ltd · Shareholder
        indirect · owns 75% or more of Investcorp S.A.
      • Investcorp S.A. · Shareholder
        indirect · owns 75% or more of Investcorp International Holdings Inc.
      • Sipco Holdings Ltd · Shareholder
        indirect · owns 75% or more of Iesip Holdings Ltd
      • Sipco Ltd · Shareholder
        indirect · owns 75% or more of Cp Holdings Ltd
      Related persons
      Schedule D 7.A
      • Cm Investment Partners LLC
        investment advisern
      • Icm Nominees Holding Limited
        broker-dealern
      • Icm Senior Loan Fund Corporation
        pooled vehicle sponsorn
      • Investcorp (Abu Dhabi) Limited
        investment advisern
      • Investcorp Absolute Return Investments LLC
        investment advisernRAUM $1.1B
      • Investcorp Asia Financial Services Private Limited
        broker-dealern
      • Investcorp Aspen Fund Gp Limited
        investment adviserpooled vehicle sponsorn
      • Investcorp Asset Advisory Services Limited
        broker-dealern
      • Investcorp Corporate Services Limited
        investment advisern
      • Investcorp Credit Management Eu Limited
        investment advisern
      • Investcorp Credit Management US LLC
        investment advisernRAUM $12B
      • Investcorp European Buyout Fund 2019 Gp, LP
        pooled vehicle sponsorn
      • Investcorp European Private Equity Fund III Gp Limited
        pooled vehicle sponsorn
      • Investcorp European Private Equity Fund III Gp S.A R.L.
        pooled vehicle sponsorn
      • Investcorp Financial Services B.S.C.
        investment advisern
      • Investcorp Fortune As Gp Limited
        investment adviserpooled vehicle sponsorn
      • Investcorp Fund Management Services Limited
        investment advisern
      • Investcorp Gulf Investments Bsc
        broker-dealerinvestment advisern
      • Investcorp India Asset Managers Private Limited
        investment advisern
      • Investcorp Investment Advisers Limited
        investment advisernRAUM $222M
      • Investcorp Investment Managers India Llp
        investment advisern
      • Investcorp Investment Solutions LLC
        investment advisernRAUM $2.8B
      • Investcorp Japan, LLC
        broker-dealern
      • Investcorp Malta Limited
        broker-dealern
      • Investcorp North American Private Equity I Gp L.P.
        investment adviserpooled vehicle sponsorn
      • Investcorp Private Equity 2007 Fund Gp LP
        investment adviserpooled vehicle sponsorn
      • Investcorp Saudi Arabia Financial Investments Co.
        broker-dealern
      • Investcorp Securities Limited
        broker-dealerinvestment advisern
      • Investcorp Strategic Capital Partners Gp, L.P.
        investment adviserpooled vehicle sponsorn
      • Investcorp Strategic Capital Partners II Gp, L.P.
        investment adviserpooled vehicle sponsorn
      Advisers that list Investcorp Investment Advisers LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 40 to 49
        Apr 14, 2025 to Sep 29, 2025
      • Advisory employees · 46 to 37
        Apr 14, 2025 to Sep 29, 2025
      • BD registered reps · 22 to 21
        Apr 14, 2025 to Sep 29, 2025
      • Pooled vehicle clients · 14 to 19
        Apr 14, 2025 to Sep 29, 2025
      • Assets in custody · $4.2B to $5.5B
        Apr 14, 2025 to Sep 29, 2025
      • Employees · 78 to 71
        Apr 14, 2025 to Sep 29, 2025
      • Private funds · 37 to 47
        Apr 14, 2025 to Sep 29, 2025
      • Discretionary RAUM · $4.2B to $5.5B
        Apr 14, 2025 to Sep 29, 2025
      • Non-discretionary RAUM · $26.6M to $26.4M
        Apr 14, 2025 to Sep 29, 2025
      • Pooled vehicle RAUM · $3.0B to $4.0B
        Apr 14, 2025 to Sep 29, 2025
      • RAUM · $4.3B to $5.5B
        Apr 14, 2025 to Sep 29, 2025
      • Financial planning clients · unset to
        Dec 11, 2024 to Apr 14, 2025
      • Accounts · 35 to 40
        Oct 24, 2023 to Sep 27, 2024
      • Advisory employees · 43 to 46
        Oct 24, 2023 to Sep 27, 2024
      • BD registered reps · 24 to 22
        Oct 24, 2023 to Sep 27, 2024
      • Pooled vehicle clients · 12 to 14
        Oct 24, 2023 to Sep 27, 2024
      • Assets in custody · $4.0B to $4.2B
        Oct 24, 2023 to Sep 27, 2024
      • Employees · 96 to 78
        Oct 24, 2023 to Sep 27, 2024
      • Private funds · 35 to 37
        Oct 24, 2023 to Sep 27, 2024
      • Discretionary RAUM · $4.0B to $4.2B
        Oct 24, 2023 to Sep 27, 2024
      • Non-discretionary RAUM · $104M to $26.6M
        Oct 24, 2023 to Sep 27, 2024
      • Pooled vehicle RAUM · $3.0B to $3.0B
        Oct 24, 2023 to Sep 27, 2024
      • RAUM · $4.1B to $4.3B
        Oct 24, 2023 to Sep 27, 2024
      • Private funds · 33 to 35
        Sep 28, 2023 to Oct 24, 2023
      • Accounts · 34 to 35
        Jul 28, 2023 to Sep 28, 2023
      • Advisory employees · 42 to 43
        Jul 28, 2023 to Sep 28, 2023
      • BD registered reps · 8 to 24
        Jul 28, 2023 to Sep 28, 2023
      • Pooled vehicle clients · 10 to 12
        Jul 28, 2023 to Sep 28, 2023
      • Assets in custody · $741M to $4.0B
        Jul 28, 2023 to Sep 28, 2023
      • Employees · 93 to 96
        Jul 28, 2023 to Sep 28, 2023
      • Private funds · 31 to 33
        Jul 28, 2023 to Sep 28, 2023
      • Discretionary RAUM · $2.5B to $4.0B
        Jul 28, 2023 to Sep 28, 2023
      • Non-discretionary RAUM · $0 to $104M
        Jul 28, 2023 to Sep 28, 2023
      • Pooled vehicle RAUM · $1.6B to $3.0B
        Jul 28, 2023 to Sep 28, 2023
      • RAUM · $2.5B to $4.1B
        Jul 28, 2023 to Sep 28, 2023
      • Accounts · 23 to 34
        May 25, 2022 to Sep 28, 2022
      • Advisory employees · 70 to 42
        May 25, 2022 to Sep 28, 2022
      • BD registered reps · 23 to 8
        May 25, 2022 to Sep 28, 2022
      • Pooled vehicle clients · 8 to 10
        May 25, 2022 to Sep 28, 2022
      • Employees · 78 to 93
        May 25, 2022 to Sep 28, 2022
      Signals
      9 dated events
      • Investcorp Investment Advisers Llc reported RAUM $5.5B, up 30% from $4.3B (2025-04-14 to 2025-09-29)
        Sep 29, 2025 · RAUM change · derived
      • P Miller Stephen (Co-Heads Of North American Private Equity) appeared on Schedule A of Investcorp Investment Advisers Llc
        Dec 11, 2024 · Control person joined · fact
      • Nicholas Mcgrane (Co-Heads Of North American Private Equity) appeared on Schedule A of Investcorp Investment Advisers Llc
        Dec 11, 2024 · Control person joined · fact
      • Investcorp Investment Advisers Llc reported RAUM $4.1B, up 63% from $2.5B (2023-07-28 to 2023-09-28)
        Sep 28, 2023 · RAUM change · derived
      • Jonathan Dracos (Manager, Head Of Real Estate) no longer on Schedule A of Investcorp Investment Advisers Llc (listed 2023-07-28, absent 2023-09-28)
        Sep 28, 2023 · Control person left · inference
      • Investcorp Investment Advisers Llc reported RAUM $2.5B, up 239% from $740.7M (2022-05-25 to 2022-09-28)
        Sep 28, 2022 · RAUM change · derived
      • Investcorp Investment Advisers Llc reported RAUM $711.4M, down 52% from $1.5B (2020-02-10 to 2020-09-28)
        Sep 28, 2020 · RAUM change · derived
      • Lionel Erdely (Manager, Head And Chief Investment Officer Of Ais) no longer on Schedule A of Investcorp Investment Advisers Llc (listed 2020-02-10, absent 2020-09-28)
        Sep 28, 2020 · Control person left · inference
      • Investcorp Investment Advisers Llc reported RAUM $1.5B, down 43% from $2.6B (2018-10-11 to 2019-09-30)
        Sep 30, 2019 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Principal office phone
      212-599-4700reportedpublic record, Form ADV, Sep 29, 2025
      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
      Asset manager (funds and pooled vehicles)deriveda 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
      Across the graphs

      Investcorp Investment Advisers LLC is the same institution as 1 record in Real Estate Funds.

      Real Estate Funds1

      Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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