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

Ivy Hill Asset Management, L.P.

Asset manager (funds and pooled vehicles)New York, New YorkCRD 161608SEC 801-74555websiteIAPD
Latest filing Aug 26, 2026
First filing on the tape Mar 8, 2012 · 30 filings
SEC status approved since Mar 30, 2012
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
16
14 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
18
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$13B as of Aug 26, 2026
Apr 1, 2013$3.1B then
HNW client RAUM$0 as of Mar 28, 2024
Mar 31, 2018$0 then
State-registered IARs (5.B.3)0 as of Aug 26, 2026
Apr 1, 20130 then
Employees (5.A)16 as of Aug 26, 2026
Apr 1, 201316 then
Private funds18 as of Aug 26, 2026
Apr 1, 201317 then
RAUM +3.3% over the last fiscal year-0.0% a year over threeIARs 0 to 0offices 4 to 1
Practice profile
derived from the filing of Aug 26, 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
$682MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.8%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
+3.3%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 businesses and institutions, portfolio management for pooled vehiclesreportedItem 5.G
Custody
$6.8B, 6 clientsreportedItem 9.A
Ownership
controlled by a public reporting companyderived
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)
  • 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)
  • controlled by a public reporting company (10.A)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$13B99%
  • Insurance companies$99.1M0.8%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
19reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$6.8B for 6 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=0.99 institutional_share=0.01 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
      Private funds
      44 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Ivy Hill Middle Market Credit Fund Xix, LLCSecuritized Asset Fund$3.5B1Mar 31, 2022
      Ivy Hill Investment Holdings, LLCOther Private Fund$1.9B1Apr 1, 2013
      Ivy Hill Middle Market Credit Fund Xvi, Ltd.Securitized Asset Fund$805M1Mar 31, 2021
      Ivy Hill Middle Market Credit Fund Xiv, LtdSecuritized Asset Fund$805M2Mar 29, 2019
      Ivy Hill Revolver Funding LPHedge Fund$747M11Aug 26, 2019
      Ivy Hill Middle Market Credit Fund Xvii, Ltd.Securitized Asset Fund$735M1Mar 31, 2021
      Ivy Hill Middle Market Credit Fund Xii, LtdSecuritized Asset Fund$645M2Mar 31, 2018
      American Capital Equity III, LPno longer reportedPrivate Equity Fund$643M41Sep 23, 2014
      Ivy Hill Revolver Funding II LPHedge Fund$538M13Aug 23, 2022
      Knightsbridge Clo 2007-1 Limitedno longer reportedSecuritized Asset Fund$522M7Mar 8, 2012
      Ivy Hill Middle Market Credit Fund Xviii, Ltd.Securitized Asset Fund$509M1Mar 31, 2022
      Ivy Hill Middle Market Credit Fund Xxi, Ltd.Securitized Asset Fund$495M1Mar 28, 2024
      Ivy Hill Middle Market Credit Fund Viii, Ltd.Securitized Asset Fund$480M4Mar 31, 2014
      Ivy Hill Middle Market Credit Fund Ix, LtdSecuritized Asset Fund$452M1Mar 31, 2015
      Ivy Hill Middle Market Credit Fund Vii, Ltd.Securitized Asset Fund$422M2Mar 31, 2014
      Ivy Hill Middle Market Credit Fund V, Ltd.Securitized Asset Fund$410M82Apr 1, 2013
      Ivy Hill Middle Market Credit Fund Xx, Ltd.Securitized Asset Fund$406M2Mar 28, 2024
      Ivy Hill Middle Market Credit Fund IV, Ltd.Securitized Asset Fund$402M2Mar 8, 2012
      Ivy Hill Middle Market Credit Fund, Ltd.no longer reportedSecuritized Asset Fund$352M34Mar 8, 2012
      American Capital Clo Fund I, LPno longer reportedPrivate Equity Fund$336M2Nov 2, 2015
      Firstlight Funding I, Ltd.no longer reportedOther Private Fund$283M2Mar 8, 2012
      Private Debt Strategies Fund III, L.P.Other Private Fund$242M3Mar 8, 2012
      Ivy Hill Investment Holdings, LLCno longer reportedOther Private Fund$112M1Mar 31, 2018
      Cflh, L.P.no longer reportedOther Private Fund$47.4M1Apr 1, 2013
      American Capital Equity II, LPPrivate Equity Fund$43.2M13Feb 15, 2012
      American Capital Equity I, LLCPrivate Equity Fund$30.4M14Feb 15, 2012
      Ivy Hill Middle Market Credit Fund II, Ltd.no longer reportedOther Private Fund$12.6M1Mar 8, 2012
      Ares Private Debt Strategies Fund II, L.P.no longer reportedOther Private Fund$2.9M2Mar 8, 2012
      Ivy Hill Senior Debt Fund, L.P.no longer reportedHedge Fund$6,00010Mar 8, 2012
      Colts 2005-2 Ltd.no longer reportedSecuritized Asset Fund$00Mar 8, 2012
      Emporia Preferred Funding I, Ltd.no longer reportedSecuritized Asset Fund$00Mar 8, 2012
      Colts 2005-1 Ltd.Securitized Asset Fund$00Mar 8, 2012
      Ivy Hill Middle Market Credit Fund X, Ltdno longer reportedSecuritized Asset Fund$00Mar 30, 2016
      Flfc, LLCno longer reportedOther Private Fund$00Apr 1, 2013
      Ivy Hill Middle Market Credit Fund III, Ltd.no longer reportedSecuritized Asset Fund$00Mar 8, 2012
      Ivy Hill Middle Market Credit Fund Xiii, Ltdno longer reportedSecuritized Asset Fund$00Mar 29, 2019
      Emporia Preferred Funding II, Ltd.no longer reportedSecuritized Asset Fund$00Mar 8, 2012
      Ivy Hill Middle Market Credit Fund Xv, Ltdno longer reportedSecuritized Asset Fund$00Mar 30, 2020
      Ivy Hill Middle Market Credit Fund Vi Ltdno longer reportedSecuritized Asset Fund$00Mar 31, 2014
      Ivy Hill Middle Market Credit Fund Xi, Ltdno longer reportedSecuritized Asset Fund$00Mar 30, 2016
      All funds of Ivy Hill Asset Management, L.P.
      Owners and control persons
      Schedule A and B, latest filing
      • J (Mi Only) Michael Arougheti · Vice Presidentcontrol
        since 08/2011 · owns less than 5%
      • M. Joshua Bloomstein · General Counsel, Vice President And Secretarycontrol
        since 01/2020 · owns less than 5%
      • Shelly Cleary · Presidentcontrol
        since 01/2022 · owns less than 5%
      • Scott Lem · Chief Financial Officer, Controller, Treasurer And Vice Presidentcontrol
        since 03/2024 · owns less than 5%
      • Facemire Penelope Roll · Chief Compliance Officercontrol
        since 03/2024 · owns less than 5%
      • J (Mi Only) Michael Arougheti · Elected Managercontrol
        since 11/2007 · owns F of Ivy Hill Asset Management Gp, LLC
      • Kipp Robert Deveer · Elected Managercontrol
        since 11/2007 · owns F of Ivy Hill Asset Management Gp, LLC
      • Scott Mitchell Goldstein · Elected Managercontrol
        since 11/2007 · owns F of Ivy Hill Asset Management Gp, LLC
      • Facemire Penelope Roll · Elected Managercontrol
        since 02/2013 · owns F of Ivy Hill Asset Management Gp, LLC
      • L. Michael Smith · Elected Managercontrol
        since 11/2007 · owns F of Ivy Hill Asset Management Gp, LLC
      Entity owners
      • Ares Capital Corporation · Limited Partner
        direct · owns 75% or more · public reporting company
      • Ivy Hill Asset Management Gp, LLC · General Partner
        direct · owns less than 5%
      • Ares Capital Corporation · Member
        indirect · owns 75% or more of Ivy Hill Asset Management Gp, LLC · public reporting company
      Related persons
      Schedule D 7.A
      • Ace III Gp (Scotland) Llp
        pooled vehicle sponsorn
      • Acip Investment Management LLC
        investment adviserbankpooled vehicle sponsorn
      • Aclof III Gp LLC
        pooled vehicle sponsorn
      • Acme Pc Management LP
        pooled vehicle sponsorn
      • Acof Asia Management, L.P.
        pooled vehicle sponsorn
      • Acof Investment Management, LLC
        investment adviserbankn
      • Acof IV Atd Co-Invest Management, LLC
        pooled vehicle sponsorn
      • Acof Lux Management Vii S.A R.L.
        pooled vehicle sponsorn
      • Acof Management III, L.P.
        pooled vehicle sponsorn
      • Acof Management IV, L.P.
        pooled vehicle sponsorn
      • Acof Management V, L.P.
        pooled vehicle sponsorn
      • Acof Management Vi Gp LLC
        pooled vehicle sponsorn
      • Acof Management Vi, L.P.
        pooled vehicle sponsorn
      • Acof Management Vii, L.P.
        pooled vehicle sponsorn
      • Acof Management, L.P.
        pooled vehicle sponsorn
      • Acof Operating Manager III, LLC
        investment adviserbankn
      • Acof Operating Manager IV, LLC
        investment adviserbankn
      • Acof Operating Manager, L.P.
        investment adviserbankn
      • Adrex Advisor LLC
        investment advisern
      • Aeif Kleen Gp, LLC
        pooled vehicle sponsorn
      • Aeif Linden Gp, LLC
        pooled vehicle sponsorn
      • Aeof Management Gp LLC
        pooled vehicle sponsorn
      • Aeof Management, L.P.
        pooled vehicle sponsorn
      • Aepep (Scotland) Gp II, Llp
        pooled vehicle sponsorn
      • Aepep Gp II, LLC
        pooled vehicle sponsorn
      • Aepep II N Gp, L.P.
        pooled vehicle sponsorn
      • Aepep III N Strategic Co-Invest Gp, L.P.
        pooled vehicle sponsorn
      • Aevf Management Gp LLC
        pooled vehicle sponsorn
      • Aevf Management LP
        pooled vehicle sponsorn
      • Aic Management Ltd.
        pooled vehicle sponsorn
      Advisers that list Ivy Hill Asset Management, L.P. as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • Atlanta, GA1 employees
      ADV anomalies
      2 against comparable advisers; where to look, not conclusions
      • large related person networkStatic outlier · filing Aug 26, 2026
        related persons on Schedule D 7.A of 330.0 against a peer median of 11.0 (492 comparable advisers, 99.0th percentile, 35.9 robust deviations)
        peers: asset managers, $5B to $20B (492) · 99% percentile
      • office count dropChange between filings · filing Mar 27, 2026
        offices other than the principal office (Item 1.F.5) moved from 4.0 to 1.0 (-75.0%) between the annual amendments of 2025-03-31 and 2026-03-27; the peer median change was 0.0% (136 comparable advisers, 0.0th percentile of changes)
        peers: asset managers, $5B to $20B (136) · 0.0% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 21 to 19
        Feb 24, 2026 to Mar 27, 2026
      • Advisory employees · 17 to 14
        Feb 24, 2026 to Mar 27, 2026
      • Pooled vehicle clients · 20 to 18
        Feb 24, 2026 to Mar 27, 2026
      • Assets in custody · $6.9B to $6.8B
        Feb 24, 2026 to Mar 27, 2026
      • Employees · 20 to 16
        Feb 24, 2026 to Mar 27, 2026
      • Other offices · 4 to 1
        Feb 24, 2026 to Mar 27, 2026
      • Private funds · 19 to 18
        Feb 24, 2026 to Mar 27, 2026
      • Discretionary RAUM · $13B to $13B
        Feb 24, 2026 to Mar 27, 2026
      • Pooled vehicle RAUM · $12B to $13B
        Feb 24, 2026 to Mar 27, 2026
      • RAUM · $13B to $13B
        Feb 24, 2026 to Mar 27, 2026
      • Private funds · 22 to 19
        Nov 24, 2025 to Feb 24, 2026
      • Private funds · 23 to 22
        May 30, 2025 to Aug 27, 2025
      • Financial planning clients · unset to
        Mar 31, 2025 to May 30, 2025
      • Accounts · 23 to 21
        Aug 27, 2024 to Mar 31, 2025
      • Advisory employees · 14 to 17
        Aug 27, 2024 to Mar 31, 2025
      • Charity clients · 0.0 to unset
        Aug 27, 2024 to Mar 31, 2025
      • Corporate clients · 0.0 to unset
        Aug 27, 2024 to Mar 31, 2025
      • HNW clients · 0.0 to unset
        Aug 27, 2024 to Mar 31, 2025
      • Individual clients · 0.0 to unset
        Aug 27, 2024 to Mar 31, 2025
      • Pension plan clients · 0.0 to unset
        Aug 27, 2024 to Mar 31, 2025
      • Pooled vehicle clients · 22 to 20
        Aug 27, 2024 to Mar 31, 2025
      • Assets in custody · $7.0B to $6.9B
        Aug 27, 2024 to Mar 31, 2025
      • Employees · 15 to 20
        Aug 27, 2024 to Mar 31, 2025
      • Other offices · 1 to 4
        Aug 27, 2024 to Mar 31, 2025
      • Private funds · 22 to 23
        Aug 27, 2024 to Mar 31, 2025
      • Discretionary RAUM · $14B to $13B
        Aug 27, 2024 to Mar 31, 2025
      • HNW RAUM · 0.0 to unset
        Aug 27, 2024 to Mar 31, 2025
      • Individual RAUM · 0.0 to unset
        Aug 27, 2024 to Mar 31, 2025
      • Pension RAUM · 0.0 to unset
        Aug 27, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $14B to $12B
        Aug 27, 2024 to Mar 31, 2025
      • RAUM · $14B to $13B
        Aug 27, 2024 to Mar 31, 2025
      • Accounts · 22 to 23
        Mar 31, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 21 to 22
        Mar 31, 2023 to Mar 28, 2024
      • Assets in custody · $6.7B to $7.0B
        Mar 31, 2023 to Mar 28, 2024
      • Employees · 18 to 15
        Mar 31, 2023 to Mar 28, 2024
      • Private funds · 21 to 22
        Mar 31, 2023 to Mar 28, 2024
      • Discretionary RAUM · $13B to $14B
        Mar 31, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $13B to $14B
        Mar 31, 2023 to Mar 28, 2024
      • RAUM · $13B to $14B
        Mar 31, 2023 to Mar 28, 2024
      • Accounts · 25 to 22
        Aug 23, 2022 to Mar 31, 2023
      Signals
      7 dated events
      • Scott Lem (Chief Financial Officer, Controller, Treasurer And Vice President) appeared on Schedule A of Ivy Hill Asset Management, L.P.
        Mar 28, 2024 · Control person joined · fact
      • Goldsmith Miriam Krieger (Chief Compliance Officer) no longer on Schedule A of Ivy Hill Asset Management, L.P. (listed 2023-03-31, absent 2024-03-28)
        Mar 28, 2024 · Control person left · inference
      • Ivy Hill Asset Management, L.P. reported RAUM $13.0B, up 56% from $8.3B (2022-08-23 to 2023-03-31)
        Mar 31, 2023 · RAUM change · derived
      • Ivy Hill Asset Management, L.P. reported RAUM $8.3B, up 26% from $6.6B (2021-11-19 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • Robert Kevin Braddish (President) no longer on Schedule A of Ivy Hill Asset Management, L.P. (listed 2021-11-19, absent 2022-03-31)
        Mar 31, 2022 · Control person left · inference
      • Shelly Cleary (President) appeared on Schedule A of Ivy Hill Asset Management, L.P.
        Mar 31, 2022 · Control person joined · fact
      • M. Joshua Bloomstein (General Counsel And Secretary) appeared on Schedule A of Ivy Hill Asset Management, L.P.
        Mar 30, 2020 · Control person joined · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/ares-managementreportedpublic record, Form ADV, Sep 17, 2026
      Website
      areswms.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      212-710-2100reportedpublic record, Form ADV, Aug 26, 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