Clients
Alpinvest US Holdings serves 136 clients, 120 of them pooled investment vehicles. The average client has about $424 million with the firm.
- Pooled investment vehicles120 clients93%
- Sovereign wealth funds and foreign official institutions9 clients5%
- OtherBanking or thrift institutions, Pension and profit-sharing plans, State or municipal government entities, Other investment advisers, Insurance companies2%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Banking or thrift institutions | 1 | $37,052,809 | 0.1% | $37.1M |
| Pooled investment vehicles | 120 | $53,725,930,964 | 93.2% | $447.7M |
| Pension and profit-sharing plans | 1 | $27,595,889 | 0.0% | $27.6M |
| State or municipal government entities | 2 | $224,279,034 | 0.4% | $112.1M |
| Other investment advisers | 1 | $6,781,004 | 0.0% | $6.78M |
| Insurance companies | 2 | $684,884,549 | 1.2% | $342.4M |
| Sovereign wealth funds and foreign official institutions | 9 | $2,949,389,257 | 5.1% | $327.7M |
| Total | 136 | $57,655,913,506 | 100% | $423.9M |
- Clients
- 1
- Regulatory AUM
- $37,052,809
- Share
- 0.1%
- Avg. per client
- $37.1M
- Clients
- 120
- Regulatory AUM
- $53,725,930,964
- Share
- 93.2%
- Avg. per client
- $447.7M
- Clients
- 1
- Regulatory AUM
- $27,595,889
- Share
- 0.0%
- Avg. per client
- $27.6M
- Clients
- 2
- Regulatory AUM
- $224,279,034
- Share
- 0.4%
- Avg. per client
- $112.1M
- Clients
- 1
- Regulatory AUM
- $6,781,004
- Share
- 0.0%
- Avg. per client
- $6.78M
- Clients
- 2
- Regulatory AUM
- $684,884,549
- Share
- 1.2%
- Avg. per client
- $342.4M
- Clients
- 9
- Regulatory AUM
- $2,949,389,257
- Share
- 5.1%
- Avg. per client
- $327.7M
Total
- Clients
- 136
- Regulatory AUM
- $57,655,913,506
- Share
- 100%
- Avg. per client
- $423.9M
What it does
Alpinvest US Holdings provides portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers. It is paid through a percentage of assets, fixed fees and performance-based fees.
Alpinvest US Holdings advises 110 private funds.
97.7% of assets ($56.31B across 125 accounts) are managed with discretion; $1.35B across 11 accounts are not. 51% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Funds100%
Custodians
Alpinvest US Holdings has custody of client assets.
- All other custodians$57.66B100%
Ownership and leadership
The Carlyle Group owns 75% or more of Alpinvest US Holdings.
- Owns 75% or more of Alpinvest US Holdings, LLC
The Carlyle Group
Control person · since May 2014
- Owns 75% or more of The Carlyle Group
TC Group, L.L.C.
Control person · since December 2000
- Owns 75% or more of TC Group, L.L.C.
CG Subsidiary Holdings L.L.C.
Control person · since January 2020
- Owns 50% to 75% of CG Subsidiary Holdings L.L.C.
Carlyle Holdings I, L.P.
Control person · since January 2020
Carlyle Holdings I GP Sub L.L.C.
General partner · Control person · since November 2011
- Owns 75% or more of Carlyle Holdings I GP Sub L.L.C.
Carlyle Holdings I GP Inc.
Control person · since November 2011
- Owns 75% or more of Carlyle Holdings I GP Inc.
The Carlyle Group, Inc.
Control person · since November 2011
- Owns 25% to 50% of CG Subsidiary Holdings L.L.C.
Carlyle Holdings II L.L.C.
Control person · since January 2020
- Owns 75% or more of Carlyle Holdings II L.L.C.
Carlyle Holdings II GP L.L.C.
Control person · since November 2011
- Owns 75% or more of Carlyle Holdings II GP L.L.C.
The Carlyle Group Inc.
Control person · since November 2011
Leadership
- Cameron FairallChief Compliance Officer
- Geertruida Bagijn-van OverbeekeManaging Director and Principal Executive
- Michael ThorneChief Legal Officer
Staff
- 289 employees
- 127 in advisory functions
- 11 broker-dealer reps
Fees
Alpinvest US Holdings is paid through a percentage of assets under management, fixed fees (other than subscription fees) and performance-based fees.
Alpinvest US Holdings’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Alpinvest US Holdings has 5 offices, with 2 listed addresses across 2 states.
District of Columbia · 1 listed address
- 1001 Pennsylvania Avenue NW, Washington DC
New York · 1 listed address
- One Vanderbilt Ave, Suite 3400, New YorkHQ
Registration details
- Legal name
- Alpinvest US Holdings, LLC
- Headquarters
- One Vanderbilt Ave, Suite 3400, New York, NY 10017
- Phone
- 646-735-4293
- Website
- Not reported
- SEC file
- 801-129132
- Structure
- Delaware LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Alpinvest US Holdings have?
Alpinvest US Holdings has 136 clients and manages $57.7 billion for them, as of July 2026. They include 120 pooled investment vehicles, 9 sovereign wealth funds and foreign official institutions and 2 state or municipal government entities.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 16 July 2026
What services does Alpinvest US Holdings offer?
Alpinvest US Holdings provides portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Alpinvest US Holdings have?
Alpinvest US Holdings has 0 investment adviser representatives registered with state securities authorities, out of 289 employees, and 127 perform investment advisory functions. 11 are registered representatives of a broker-dealer and 0 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Alpinvest US Holdings invest in?
At the end of its last fiscal year, Alpinvest US Holdings’ separately managed accounts held 100% pooled vehicles (private funds and similar). It advises 110 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Alpinvest US Holdings?
Alpinvest US Holdings is owned through a chain of holding companies by the Carlyle Group, Inc. and the Carlyle Group Inc. Its direct owner is the Carlyle Group (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 16 July 2026
How does Alpinvest US Holdings get paid?
Alpinvest US Holdings 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