Aii Capital Management provides portfolio management for pooled vehicles. The firm advises 1 private fund.
Aii Capital Management reports 5 pooled investment vehicles. These counts refer to investment vehicles, rather than the individual investors in them. Of its assets, 3.7% ($4.07M across 1 account) are managed with discretion; $105M across 4 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Pooled investment vehicles | 100% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 5 | $109M | 100.0% | $21.7M |
| Total | 5 | $109M | 100% | $21.7M |
- Clients
- 5
- Regulatory AUM
- $109M
- AUM share
- 100.0%
- Avg. per client
- $21.7M
Total
- Clients
- 5
- Regulatory AUM
- $109M
- AUM share
- 100%
- Avg. per client
- $21.7M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 1
Aii Capital Management is paid through a percentage of assets under management, fixed fees (other than subscription fees) and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
Michael Chesser owns 50% to 75% of Aii Capital Management. The leadership team of Aii Capital Management includes President Michael Chesser. It has 1 employee.
Leadership
- Michael ChesserPresident, CCO
Staff
- 1 employee
- 1 in advisory functions
- Owns 50% to 75% of Aii Capital Management, LLC
Michael Chesser
Control person · since October 2014
Aii Capital Management’s regulatory assets went from $106M (February 2021) to $109M (March 2026); clients were 5 in both filings and employees were 1 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $109M | 5 | 1 | 1 |
| March 2025 | $120M | 5 | 1 | 1 |
| March 2024 | $133M | 5 | 1 | 1 |
| March 2023 | $142M | 5 | 1 | 1 |
| March 2022 | $139M | 6 | 1 | 1 |
| February 2021 | $106M | 5 | 1 | 1 |
Besides its headquarters, Aii Capital Management has 0 offices, with 1 listed address in California.
California · 1 listed address
- 766 New Los Angeles Avenue, Suite D2, MoorparkHQ
Other business names
Aii Capital Management has reported 1 other business name to the SEC.
- Apartment Income Investors
Contact and registration details
- Legal name
- Aii Capital Management, LLC
- Headquarters
- 766 New Los Angeles Avenue, Suite D2, Moorpark, CA 93021
- Website
- Not reported
- Phone
- 805-604-2644
- SEC file
- 801-117633
- Structure
- Nevada LLC
- Fiscal year end
- December
Aii Capital Management has custody of $23.9K in client assets for 1 client.
How many clients does Aii Capital Management have?
Aii Capital Management has 5 clients and manages $109 million for them, as of March 2026. They include 5 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 21 March 2026
What services does Aii Capital Management offer?
Aii Capital Management provides portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Aii Capital Management have?
Aii Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 1 employees, and 1 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
Who owns Aii Capital Management?
Aii Capital Management’s direct owner is Michael Chesser (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 21 March 2026
How does Aii Capital Management get paid?
Aii Capital Management is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Aii Capital Management?
Aii Capital Management’s main office is at 766 New Los Angeles Avenue, Suite D2, Moorpark, CA 93021. Its phone number is 805-604-2644.