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
Asia Alternatives Management LLC
Latest filing Jul 29, 2026
First filing on the tape Mar 29, 2012 · 34 filings
SEC status approved since Oct 26, 2006
RAUM
$13B
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
47
22 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
131
reported on Schedule D
History
34 filings and snapshots on the tape
RAUM$13B as of Jul 29, 2026
Mar 29, 2012$4.0B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jul 29, 2026
Mar 28, 20130 then
Employees (5.A)47 as of Jul 29, 2026
Mar 28, 201323 then
Private funds131 as of Jul 29, 2026
Mar 29, 201232 then
RAUM -5.8% over the last fiscal year-5.0% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jul 29, 2026; 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
- $83.8MderivedRAUM 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
- unknownderived4 offices incl. principal (1.F.5)
- RAUM growth, one year
- -5.8%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
- $13B, 150 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
- has discretionary authority over which securities are bought or sold (8.C.1)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$13B100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 158reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $13B for 150 clientsreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false 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
Private funds
135 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Asia Alternatives Capital Partners V, LP | Private Equity Fund | $1.4B | 243 | Mar 29, 2018 |
| Asia Alternatives Capital Partners IV, LP | Private Equity Fund | $1.2B | 169 | Mar 26, 2015 |
| San Francisco Asia Investors, L.P. | Private Equity Fund | $595M | 2 | Mar 26, 2015 |
| Asia Alternatives Capital Partners III, LP | Private Equity Fund | $493M | 120 | Mar 29, 2012 |
| Asia Alternatives Ivory Partners III, L.P. | Private Equity Fund | $425M | 2 | Mar 28, 2016 |
| New Jersey Asia Investors III, LP | Private Equity Fund | $343M | 2 | Mar 30, 2017 |
| Asia Alternatives Fl Investor II, LP | Private Equity Fund | $326M | 2 | Mar 29, 2018 |
| Asia Alternatives Capital Partners Vi, LP | Private Equity Fund | $316M | 120 | Mar 31, 2021 |
| New York Co-Investment Pool Asia Investors II, LP | Private Equity Fund | $290M | 2 | Mar 28, 2016 |
| New York Balanced Pool Asia Investors II, LP | Private Equity Fund | $272M | 2 | Mar 28, 2016 |
| Il Asia Investors, LP | Private Equity Fund | $265M | 2 | Mar 26, 2015 |
| Virginia Asia Investors II, LP | Private Equity Fund | $261M | 2 | Mar 29, 2018 |
| Md Asia Investors III, LP | Private Equity Fund | $251M | 2 | Mar 29, 2018 |
| Hessen Doctors Asia Investors, L.P. | Private Equity Fund | $241M | 2 | Mar 29, 2018 |
| Asia Alternatives Fl Investor, LP | Private Equity Fund | $223M | 2 | Mar 26, 2015 |
| Md Asia Investors II, LP | Private Equity Fund | $223M | 2 | Mar 26, 2015 |
| New York Balanced Pool Asia Investors III, LP | Private Equity Fund | $218M | 2 | Mar 30, 2020 |
| Asia Alternatives Capital Partners V (Erisa), LP | Private Equity Fund | $209M | 18 | Mar 29, 2018 |
| New York Co-Investment Pool Asia Investors III, LP | Private Equity Fund | $204M | 2 | Mar 30, 2020 |
| Arcadia Asia Investors, LP | Private Equity Fund | $187M | 3 | Mar 29, 2018 |
| Virginia Asia Investors, LP | Private Equity Fund | $179M | 2 | Mar 26, 2015 |
| Asia Alternatives Delaware V, LP | Private Equity Fund | $164M | 243 | Mar 30, 2020 |
| Ng Asia Investors, L.P. | Private Equity Fund | $151M | 2 | Mar 28, 2013 |
| Asia Alternatives Fl Investor III, LP | Private Equity Fund | $149M | 2 | Mar 31, 2021 |
| Sbs Asia I Investors, LP | Private Equity Fund | $124M | 2 | Mar 28, 2013 |
| Md Asia Investors, L.P. | Private Equity Fund | $122M | 2 | Mar 29, 2012 |
| Asia Alternatives Capital Partners II, LP | Private Equity Fund | $110M | 162 | Mar 29, 2012 |
| New Jersey Asia Investors II, L.P. | Private Equity Fund | $107M | 2 | Mar 29, 2012 |
| Asia Alternatives Delaware IV, LP | Private Equity Fund | $106M | 169 | Mar 30, 2020 |
| Md Asia Investors IV, LP | Private Equity Fund | $104M | 2 | Mar 31, 2021 |
| Asia Alternatives Ivory Partners IV, L.P. | Private Equity Fund | $103M | 2 | Mar 31, 2021 |
| Penn Asia Investors, LP | Private Equity Fund | $95.0M | 2 | Mar 28, 2013 |
| Virginia Asia Investors III, LP | Private Equity Fund | $92.5M | 2 | Mar 31, 2021 |
| Mn Asia Investors, LP | Private Equity Fund | $84.0M | 2 | Mar 31, 2021 |
| Focus Asia 2014 Master, L.P. | Private Equity Fund | $80.6M | 2 | Mar 26, 2015 |
| New York Co-Investment Pool Asia Investors, L.P. | Private Equity Fund | $75.5M | 2 | Mar 29, 2012 |
| Aacp IV Ex-Japan Investors, LP | Private Equity Fund | $71.8M | 3 | Mar 26, 2015 |
| Asia Alternatives Capital Partners Vi (Erisa), LP | Private Equity Fund | $68.2M | 15 | Mar 31, 2021 |
| New York Balanced Pool Asia Investors, L.P. | Private Equity Fund | $62.3M | 2 | Mar 29, 2012 |
| Asia Alternatives Ivory Partners II, L.P. | Private Equity Fund | $61.0M | 2 | Mar 29, 2012 |
Owners and control persons
Schedule A and B, latest filing
- Jasmine Melissa Ma · Manager, Membercontrolsince 03/2006 · owns less than 5%
- Hongjiang Xu · Manager, Membercontrolsince 03/2006 · owns less than 5%
- Praneet Garg · Manager, Membercontrolsince 01/2020 · owns F of Asia Alternatives Principals, LP
- Jasmine Melissa Ma · Manager, Membercontrolsince 03/2006 · owns 25% to 50% of Asia Alternatives Principals, LP
- Hongjiang Xu · Manager, Membercontrolsince 03/2006 · owns 25% to 50% of Asia Alternatives Principals, LP
- Akihiko Yasuda · Manager, Membercontrolsince 04/2008 · owns F of Asia Alternatives Principals, LP
- Tyndall Daniel Dashiell · Chief Legal Officer/Chief Compliance Officersince 07/2019 · owns less than 5%
- Jeanette Delacruz · Chief Financial Officersince 03/2022 · owns less than 5%
Entity owners
- Asia Alternatives Principals, LP · Memberdirect · owns 75% or more
Related persons
Schedule D 7.A
- Aacp IV Ex-Japan Investors Gp, LLCpooled vehicle sponsory
- Arcadia Asia Investors Genpar, LLCpooled vehicle sponsory
- Asia Alternatives Advisor Beijing Limited Companyy
- Asia Alternatives Advisor Hong Kong Limitedy
- Asia Alternatives Advisor Shanghai Limited Companyy
- Asia Alternatives Carry Gp Sidecar, L.P.pooled vehicle sponsory
- Asia Alternatives Carry I, L.P.pooled vehicle sponsory
- Asia Alternatives Carry II, L.P.pooled vehicle sponsory
- Asia Alternatives Carry III, L.P.pooled vehicle sponsory
- Asia Alternatives Carry IV, L.P.pooled vehicle sponsory
- Asia Alternatives Carry V, L.P.pooled vehicle sponsory
- Asia Alternatives Carry Vi, L.P.pooled vehicle sponsory
- Asia Alternatives Carry Vii, L.P.pooled vehicle sponsory
- Asia Alternatives Fei II Gp, LLCpooled vehicle sponsory
- Asia Alternatives Fei III Gp, LLCpooled vehicle sponsory
- Asia Alternatives Fl Gp, LLCpooled vehicle sponsory
- Asia Alternatives Fl II Genpar, L.P.pooled vehicle sponsory
- Asia Alternatives Fl III Genpar, L.P.pooled vehicle sponsory
- Asia Alternatives Fl IV Genpar, L.P.pooled vehicle sponsory
- Asia Alternatives Gp Sidecar, LLCpooled vehicle sponsory
- Asia Alternatives Hessen Gp, LLCpooled vehicle sponsory
- Asia Alternatives Ivory Partners II Gp, LLCpooled vehicle sponsory
- Asia Alternatives Ivory Partners III Gp, LLCpooled vehicle sponsory
- Asia Alternatives Ivory Partners IV Genpar, L.P.pooled vehicle sponsory
- Asia Alternatives Md Gp II, LLCpooled vehicle sponsory
- Asia Alternatives Md Gp, LLCpooled vehicle sponsory
- Asia Alternatives Md III Genpar, L.P.pooled vehicle sponsory
- Asia Alternatives Md IV Genpar, L.P.pooled vehicle sponsory
- Asia Alternatives Mm Asia Genpar, LLCpooled vehicle sponsory
- Asia Alternatives Mn Genpar, L.P.pooled vehicle sponsory
Offices
Schedule D 1.F, the 25 largest
- Central, Hong Kong, China10 employees
- Chaoyang District Beijing, China5 employees
- Jing'An District, Shanghai, China1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- many private funds relative to firm sizeStatic outlier · filing Jul 29, 2026private funds per $1B of RAUM of 9.9 against a peer median of 2.0 (467 comparable advisers, 98.0th percentile, 4.6 robust deviations)peers: asset managers, $5B to $20B (467) · 98% percentile
What changed
consecutive filings, newest first
- Accounts · 147 to 158Jul 25, 2025 to Mar 31, 2026
- Pooled vehicle clients · 147 to 158Jul 25, 2025 to Mar 31, 2026
- Assets in custody · $14B to $13BJul 25, 2025 to Mar 31, 2026
- Employees · 48 to 47Jul 25, 2025 to Mar 31, 2026
- Private funds · 124 to 131Jul 25, 2025 to Mar 31, 2026
- Discretionary RAUM · $14B to $13BJul 25, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $14B to $13BJul 25, 2025 to Mar 31, 2026
- RAUM · $14B to $13BJul 25, 2025 to Mar 31, 2026
- Financial planning clients · unset to Mar 31, 2025 to Jul 25, 2025
- Accounts · 144 to 147Mar 19, 2024 to Mar 31, 2025
- Advisory employees · 20 to 22Mar 19, 2024 to Mar 31, 2025
- Pooled vehicle clients · 144 to 147Mar 19, 2024 to Mar 31, 2025
- Assets in custody · $15B to $14BMar 19, 2024 to Mar 31, 2025
- Employees · 50 to 48Mar 19, 2024 to Mar 31, 2025
- Private funds · 121 to 124Mar 19, 2024 to Mar 31, 2025
- Discretionary RAUM · $15B to $14BMar 19, 2024 to Mar 31, 2025
- Pooled vehicle RAUM · $15B to $14BMar 19, 2024 to Mar 31, 2025
- RAUM · $15B to $14BMar 19, 2024 to Mar 31, 2025
- Accounts · 143 to 144Jun 29, 2023 to Mar 19, 2024
- Advisory employees · 17 to 20Jun 29, 2023 to Mar 19, 2024
- Pooled vehicle clients · 143 to 144Jun 29, 2023 to Mar 19, 2024
- Assets in custody · $15B to $15BJun 29, 2023 to Mar 19, 2024
- Employees · 44 to 50Jun 29, 2023 to Mar 19, 2024
- Private funds · 120 to 121Jun 29, 2023 to Mar 19, 2024
- Discretionary RAUM · $15B to $15BJun 29, 2023 to Mar 19, 2024
- Pooled vehicle RAUM · $15B to $15BJun 29, 2023 to Mar 19, 2024
- RAUM · $15B to $15BJun 29, 2023 to Mar 19, 2024
- Accounts · 136 to 143Jul 28, 2022 to Mar 24, 2023
- Advisory employees · 18 to 17Jul 28, 2022 to Mar 24, 2023
- Pooled vehicle clients · 136 to 143Jul 28, 2022 to Mar 24, 2023
- Assets in custody · $17B to $15BJul 28, 2022 to Mar 24, 2023
- Private funds · 113 to 120Jul 28, 2022 to Mar 24, 2023
- Discretionary RAUM · $17B to $15BJul 28, 2022 to Mar 24, 2023
- Pooled vehicle RAUM · $17B to $15BJul 28, 2022 to Mar 24, 2023
- RAUM · $17B to $15BJul 28, 2022 to Mar 24, 2023
- Accounts · 133 to 136Jul 20, 2021 to Mar 30, 2022
- Advisory employees · 19 to 18Jul 20, 2021 to Mar 30, 2022
- Pooled vehicle clients · 133 to 136Jul 20, 2021 to Mar 30, 2022
- Assets in custody · $14B to $17BJul 20, 2021 to Mar 30, 2022
- Employees · 42 to 44Jul 20, 2021 to Mar 30, 2022
Signals
3 dated events
- Darryl William Lafayette (Chief Financial Officer) no longer on Schedule A of Asia Alternatives Management Llc (listed 2022-07-28, absent 2023-03-24)Mar 24, 2023 · Control person left · inference
- Praneet Garg (Manager, Member) appeared on Schedule A of Asia Alternatives Management LlcMar 31, 2021 · Control person joined · fact
- Asia Alternatives Management Llc reported RAUM $11.7B, up 26% from $9.3B (2017-08-23 to 2018-03-29)Mar 29, 2018 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
- Asia Alternatives Management LLC · Independent Sponsorsshared crd · capital_provider
- Asia Alternatives Management LLC · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Website
- ASIAALT.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 415-723-8100reportedpublic record, Form ADV, Jul 29, 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
- 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