{"url":"https://nivawealth.com/firms/aip-156878","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/156878","regulatoryAum":17473970965,"crd":"156878","secFileNumber":"801-74196","legalName":"Aip, LLC","displayName":"Aip","website":null,"linkedinUrl":"https://www.linkedin.com/company/american-industrial-partners/","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"450 Lexington Avenue, 40th Floor","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10017"},"tradeNames":["Aipcf IV, LLC","Aipcf V (co-Invest), LLC","Aipcf V, LLC","Aipcf VI, LLC","Aipcf VII, LLC","Aipcf VIII, LLC"],"registration":{"secApproved":"30 March 2012","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":94,"advisory":57,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":17297540409,"discretionaryAccounts":8,"nonDiscretionary":176430556,"nonDiscretionaryAccounts":2,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":10,"regulatoryAum":17473970965}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Aip has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Louis Tedesco","title":"Chief Financial Officer/Partner","crd":"4973413"},{"name":"Stanley Edme","title":"Chief Compliance Officer/Partner","crd":"3025813"},{"name":"Nikhil Bodade","title":"General Counsel","crd":"8028396"},{"name":"Dino Cusumano","title":"General Partner","crd":"6029853"},{"name":"Justin Fish","title":"General Partner","crd":"8028392"},{"name":"Kim Marvin","title":"General Partner","crd":"2529074"},{"name":"Toni Rinnevaara","title":"Chief Investment Officer","crd":"5813695"}],"ownership":[{"label":"Aip Manager Holdings, L.P.","detail":"Member in the 75% or more ownership band and a control person, since December 2024."},{"label":"Aip Manager Feeder, LLC","detail":"Indirect owner: a limited partner of Aip Manager Holdings, L.P. in the 75% or more band, since December 2024.","parent":"Aip Manager Holdings, L.P."},{"label":"Kim Marvin","detail":"Indirect owner: a member of Aip Manager Feeder, LLC in the 25% to 50% band and a control person, since December 2024. Also a senior managing member of Aip Ultimate GP, LLC in the 25% to 50% band and a control person, since December 2024.","parent":"Aip Manager Feeder, LLC"},{"label":"Dino Cusumano","detail":"Indirect owner: a member of Aip Manager Feeder, LLC in the 25% to 50% band and a control person, since December 2024. Also a senior managing member of Aip Ultimate GP, LLC in the 25% to 50% band and a control person, since December 2024.","parent":"Aip Manager Feeder, LLC"},{"label":"Aip Ultimate GP, LLC","detail":"Indirect owner: managing member of Aip Manager Feeder, LLC, since December 2024.","parent":"Aip Manager Feeder, LLC"},{"label":"Aip Manager Holdings SPV, LLC","detail":"Indirect owner: a member of Aip Ultimate GP, LLC in the 25% to 50% band, since December 2024. Also a member of Aip Manager Feeder, LLC in the 25% to 50% band, since December 2024.","parent":"Aip Ultimate GP, LLC"},{"label":"Justin Fish","detail":"Indirect owner: a managing member of Aip Manager Holdings SPV, LLC in the 75% or more band and a control person, since December 2024. Also senior managing member of Aip Ultimate GP, LLC and a control person, since December 2024.","parent":"Aip Manager Holdings SPV, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"officesByState":[{"state":"New York","offices":1,"addresses":[{"street":"450 Lexington Avenue, 40th Floor","city":"New York","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"212-627-2360","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":10},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/156878/PDF/156878.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Aip have?","answer":"Aip has 10 clients and manages $17.5 billion for them, as of March 2026.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Aip offer?","answer":"Aip provides portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Aip have?","answer":"Aip has 0 investment adviser representatives registered with state securities authorities, out of 94 employees, and 57 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Aip?","answer":"Aip is owned through a chain of holding companies by Kim Marvin, Dino Cusumano and Justin Fish. Its direct owner is Aip Manager Holdings, L.P. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Aip get paid?","answer":"Aip is paid through a percentage of assets under management 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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":{"url":"https://nivawealth.com/firms/aip-156878/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-11","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1714498/000114036126032123/0001140361-26-032123-index.html","totalValue":95192485,"positionCount":2,"top10Share":1,"top10":[{"issuer":"TITAN INTL INC ILL","titleOfClass":"COM","cusip":"88830M102","value":68468485,"shares":8880478,"shareType":"SH","priorValue":61364103,"priorShares":8880478},{"issuer":"RAYONIER ADVANCED MATLS INC","titleOfClass":"COM","cusip":"75508B104","value":26724000,"shares":3400000,"shareType":"SH","priorValue":37638000,"priorShares":3400000}],"positionsListed":2,"positions":[{"issuer":"TITAN INTL INC ILL","titleOfClass":"COM","cusip":"88830M102","value":68468485,"shares":8880478,"shareType":"SH","priorValue":61364103,"priorShares":8880478},{"issuer":"RAYONIER ADVANCED MATLS INC","titleOfClass":"COM","cusip":"75508B104","value":26724000,"shares":3400000,"shareType":"SH","priorValue":37638000,"priorShares":3400000}]},"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}