{"url":"https://nivawealth.com/firms/fig-129612","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/129612","regulatoryAum":87301970629,"crd":"129612","secFileNumber":"801-62982","legalName":"Fig LLC","displayName":"Fig","website":null,"linkedinUrl":"https://www.linkedin.com/company/fortress-investment-group/about/","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1345 Avenue of the Americas, 46th Floor","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10105"},"tradeNames":[],"registration":{"secApproved":"27 April 2004","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":1004,"advisory":432,"brokerDealerReps":36,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":87301970629,"discretionaryAccounts":359,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":55,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":353,"regulatoryAum":73483764574},{"label":"Pension and profit-sharing plans","clients":null,"regulatoryAum":64063},{"label":"Insurance companies","clients":null,"regulatoryAum":1734814693},{"label":"Corporations and other businesses","clients":null,"regulatoryAum":12083327299}],"fees":[],"feeNotes":[],"custodians":[{"name":"Jpmorgan Chase Bank, N.A.","shortName":"J.P. Morgan","location":"New York, NY","smaAssets":1734814693}],"custodyNote":"Fig has custody of $87.30B for 359 clients.","otherCustodians":[],"leadership":[{"name":"Andrew McKnight","title":"Co-Chief Executive Officer","crd":"4234427"},{"name":"Jack Neumark","title":"Co-Chief Executive Officer","crd":"7930279"},{"name":"David Brooks","title":"Vice President, Secretary, Security Officer and General Counsel","crd":"5314938"},{"name":"Daniel Bass","title":"Chief Financial Officer","crd":"4747757"},{"name":"Andrew Walsh","title":"Chief Compliance Officer","crd":"6632217"}],"ownership":[{"label":"Fortress Operating Entity I L.P.","detail":"Sole member in the 75% or more ownership band and a control person, since January 2007."},{"label":"Fig Blue LLC","detail":"Indirect owner: general partner of Fortress Operating Entity I L.P. and a control person, since January 2007.","parent":"Fortress Operating Entity I L.P."},{"label":"Fortress Investment Group LLC","detail":"Indirect owner: a sole member of Fig Blue LLC in the 75% or more band and a control person, since January 2007.","parent":"Fig Blue LLC"},{"label":"Finco I Intermediate Holdco LLC","detail":"Indirect owner: a sole member of Fortress Investment Group LLC in the 75% or more band and a control person, since December 2017.","parent":"Fortress Investment Group LLC"},{"label":"Finco I LLC","detail":"Indirect owner: a sole member of Finco I Intermediate Holdco LLC in the 75% or more band and a control person, since December 2017.","parent":"Finco I Intermediate Holdco LLC"},{"label":"Fig Parent, LLC","detail":"Indirect owner: a sole member of Finco I LLC in the 75% or more band and a control person, since December 2017.","parent":"Finco I LLC"},{"label":"Foundation Holdco LP","detail":"Indirect owner: a sole member of Fig Parent, LLC in the 75% or more band and a control person, since December 2017.","parent":"Fig Parent, LLC"},{"label":"FM Investor Aggregator LP","detail":"Indirect owner: a limited partner of Foundation Holdco LP in the 25% to 50% band and a control person, since May 2024.","parent":"Foundation Holdco LP"},{"label":"Fig Buyer GP, LLC","detail":"Indirect owner: general partner of Foundation Holdco LP and a control person, since May 2024. Also general partner of FM Investor Aggregator LP and a control person, since May 2024.","parent":"Foundation Holdco LP"},{"label":"Peter Briger","detail":"Indirect owner: a member of Fig Buyer GP, LLC in the 25% to 50% band and a control person, since May 2024.","parent":"Fig Buyer GP, LLC"},{"label":"Andrew McKnight","detail":"Indirect owner: a member of Fig Buyer GP, LLC in the 25% to 50% band and a control person, since May 2024.","parent":"Fig Buyer GP, LLC"},{"label":"MC Foundation Holdings LP","detail":"Indirect owner: a limited partner of Foundation Holdco LP in the 50% to 75% band and a control person, since December 2017.","parent":"Foundation Holdco LP"},{"label":"Fig Cayman LP","detail":"Indirect owner: a limited partner of MC Foundation Holdings LP in the 50% to 75% band and a control person, since May 2024.","parent":"MC Foundation Holdings LP"},{"label":"Fig Buyer LP","detail":"Indirect owner: a limited partner of Fig Cayman LP in the 75% or more band and a control person, since June 2023. Also a member of Fig Buyer Sub LLC in the 75% or more band and a control person, since May 2023.","parent":"Fig Cayman LP"},{"label":"Fig Buyer Sub LLC","detail":"Indirect owner: a limited partner of MC Foundation Holdings LP in the 50% to 75% band and a control person, since May 2024.","parent":"MC Foundation Holdings LP"},{"label":"MC Foundation Holdings (GP) LLC","detail":"Indirect owner: general partner of MC Foundation Holdings LP and a control person, since February 2017.","parent":"MC Foundation Holdings LP"},{"label":"MC Fig GP, LLC","detail":"Indirect owner: a sole member of MC Foundation Holdings (GP) LLC in the 75% or more band and a control person, since March 2025. Also general partner of Fig Cayman LP and a control person, since June 2023. Also general partner of Fig Buyer LP and a control person, since May 2024. Also general partner of MC Fig Group LP and a control person, since May 2023.","parent":"MC Foundation Holdings (GP) LLC"},{"label":"MC Fig Group LP","detail":"Indirect owner: a limited partner of Fig Buyer LP in the 75% or more band and a control person, since May 2023.","parent":"Fig Buyer LP"},{"label":"Hani Barhoush","detail":"Indirect owner: a member of MC Fig GP, LLC in the 25% to 50% band and a control person, since July 2023.","parent":"MC Fig GP, LLC"},{"label":"Kevin Kokko","detail":"Indirect owner: a member of MC Fig GP, LLC in the 25% to 50% band and a control person, since July 2023.","parent":"MC Fig GP, LLC"},{"label":"Rodney Cannon","detail":"Indirect owner: a member of MC Fig GP, LLC in the 25% to 50% band and a control person, since May 2023.","parent":"MC Fig GP, LLC"},{"label":"Mic Capital Management 39 RSC LTD.","detail":"Indirect owner: a limited partner of MC Fig Group LP in the 25% to 50% band, since April 2024.","parent":"MC Fig Group LP"},{"label":"Mic Capital Management 86 RSC LTD.","detail":"Indirect owner: a limited partner of MC Fig Group LP in the 50% to 75% band and a control person, since May 2024.","parent":"MC Fig Group LP"},{"label":"Sixty Fourth 6 RSC Limited","detail":"Indirect owner: a sole member of Mic Capital Management 86 RSC LTD. in the 75% or more band and a control person, since August 2023.","parent":"Mic Capital Management 86 RSC LTD."},{"label":"Mic Capital Management (restricted) 7 LTD.","detail":"Indirect owner: a sole member of Sixty Fourth 6 RSC Limited in the 75% or more band and a control person, since January 2019.","parent":"Sixty Fourth 6 RSC Limited"},{"label":"Mubadala Investment Company PJSC","detail":"Indirect owner: a sole member of Mic Capital Management (restricted) 7 LTD. in the 75% or more band and a control person, since September 2017. Also a sole member of Mamoura Diversified Global Holding PJSC in the 75% or more band and a control person, since March 2017.","parent":"Mic Capital Management (restricted) 7 LTD."},{"label":"Government of Abu Dhabi","detail":"Indirect owner: a sole member of Mubadala Investment Company PJSC in the 75% or more band and a control person, since March 2017.","parent":"Mubadala Investment Company PJSC"},{"label":"Thirty Fifth Investment Company LLC","detail":"Indirect owner: a sole member of Mic Capital Management 39 RSC LTD. in the 75% or more band and a control person, since November 2018.","parent":"Mic Capital Management 39 RSC LTD."},{"label":"Mamoura Diversified Global Holding PJSC","detail":"Indirect owner: a sole member of Thirty Fifth Investment Company LLC in the 75% or more band and a control person, since December 2023. Also a sole member of Mubadala Capital LLC in the 75% or more band and a control person, since October 2023.","parent":"Thirty Fifth Investment Company LLC"},{"label":"MC Management 7 RSC LTD","detail":"Indirect owner: managing member of Fig Buyer Sub LLC and a control person, since May 2024.","parent":"Fig Buyer Sub LLC"},{"label":"Eighteenth Investment Company LLC","detail":"Indirect owner: a sole member of MC Management 7 RSC LTD in the 75% or more band and a control person, since April 2022.","parent":"MC Management 7 RSC LTD"},{"label":"MDC Capital LLC","detail":"Indirect owner: a sole member of Eighteenth Investment Company LLC in the 75% or more band and a control person, since August 2008.","parent":"Eighteenth Investment Company LLC"},{"label":"Mubadala Capital LLC","detail":"Indirect owner: a sole member of MDC Capital LLC in the 75% or more band and a control person, since October 2023.","parent":"MDC Capital LLC"},{"label":"Jack Neumark","detail":"Indirect owner: a member of Fig Buyer GP, LLC in the 25% to 50% band and a control person, since October 2025.","parent":"Fig Buyer GP, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":18,"privateResidences":0},"listedOfficeAddresses":8,"officesByState":[{"state":"California","offices":2,"addresses":[{"street":"2494 Sand Hill Road","city":"Menlo Park"},{"street":"11611 San Vicente Boulevard","city":"Los Angeles"}]},{"state":"Colorado","offices":1,"addresses":[{"street":"286 Bridge Street","city":"Vail"}]},{"state":"Connecticut","offices":1,"addresses":[{"street":"411 West Putnam Avenue","city":"Greenwich"}]},{"state":"Georgia","offices":1,"addresses":[{"street":"3290 Northside Parkway NW","city":"Atlanta"}]},{"state":"New York","offices":2,"addresses":[{"street":"1345 Avenue of the Americas, 46th Floor","city":"New York","headquarters":true},{"street":"111 W 19th Street","city":"New York"}]},{"state":"Texas","offices":1,"addresses":[{"street":"4550 Travis Street","city":"Dallas"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"212-798-6100","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees","Other"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)","Other"],"financialPlanningClients":null,"assetMix":[{"label":"Non-exchange-traded equity securities","percent":12},{"label":"Cash and cash equivalents","percent":4},{"label":"Other","percent":84,"detail":"Direct Real Estate Investments, Real Estate Fund Units (listed & Unlisted), Commercial Leases, Loans, Leasing Equipment (railcars), Operating Lease Assets, and Other Assets (prepaid Expenses, Tax Assets and Receivables)."}],"privateFunds":347},"sources":{"adv1FilingDate":"19 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/129612/PDF/129612.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Fig have?","answer":"Fig has 353 clients and manages $87.3 billion for them, as of August 2026.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 19 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Fig offer?","answer":"Fig provides portfolio management for pooled vehicles, portfolio management for institutions, selecting other managers and other activities.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Fig use?","answer":"Fig’s separately managed account assets are held at Jpmorgan Chase Bank, N.A. (New York, NY), with $1,734,814,693. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 19 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Fig have?","answer":"Fig has 0 investment adviser representatives registered with state securities authorities, out of 1,004 employees, and 432 perform investment advisory functions. 36 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Fig invest in?","answer":"At the end of its last fiscal year, Fig’s separately managed accounts held 84% direct real estate investments, real estate fund units (listed & unlisted), commercial leases, loans, leasing equipment (railcars), operating lease assets, and other assets (prepaid expenses, tax assets and receivables)., 12% non-exchange-traded equities and 4% cash and equivalents. It advises 347 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Fig?","answer":"Fig is owned through a chain of holding companies by FM Investor Aggregator LP, Peter Briger, Andrew McKnight, Hani Barhoush, Kevin Kokko and 5 others. Its direct owner is Fortress Operating Entity I L.P. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 19 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Fig get paid?","answer":"Fig is paid through a percentage of assets under management, performance-based fees and other arrangements. 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/fig-129612/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1380393/000108514626000610/0001085146-26-000610-index.html","totalValue":530649141,"positionCount":25,"top10Share":0.9490449321202237,"top10":[{"issuer":"NEXTNAV INC","titleOfClass":"COMMON STOCK","cusip":"65345N106","value":323931731,"shares":18167792,"shareType":"SH","priorValue":227132425,"priorShares":14178054},{"issuer":"FIRSTSUN CAP BANCORP","titleOfClass":"COM","cusip":"33767U107","value":85178292,"shares":2196449,"shareType":"SH"},{"issuer":"ISHARES BITCOIN TRUST ETF","titleOfClass":"SHS BEN 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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."}