Clients
Sali Fund Management serves 246 clients, 240 of them pooled investment vehicles. The average client has about $187 million with the firm.
- Pooled investment vehicles240 clients98%
- Insurance companies6 clients2%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 240 | $44,985,357,764 | 97.8% | $187.4M |
| Insurance companies | 6 | $1,007,843,813 | 2.2% | $168.0M |
| Total | 246 | $45,993,201,577 | 100% | $187.0M |
- Clients
- 240
- Regulatory AUM
- $44,985,357,764
- Share
- 97.8%
- Avg. per client
- $187.4M
- Clients
- 6
- Regulatory AUM
- $1,007,843,813
- Share
- 2.2%
- Avg. per client
- $168.0M
Total
- Clients
- 246
- Regulatory AUM
- $45,993,201,577
- Share
- 100%
- Avg. per client
- $187.0M
What it does
Sali Fund Management provides portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers. It is paid through a percentage of assets, hourly charges, fixed fees and performance-based fees.
Sali Fund Management advises 240 private funds.
100.0% of assets ($45.99B across 335 accounts) are managed with discretion. 0% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks15%
- Funds66%
- Pooled vehicles55%
- Registered funds11%
- Bonds1%
- Cash18%
Custodians
Sali Fund Management’s client accounts are held mainly at Charles Schwab, with 1% of managed assets, and Goldman Sachs &, with 1%. Sali Fund Management has custody of $45.28B for 335 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $348.1M1%
- Goldman Sachs &Goldman Sachs & Co. LLC · New York, NY · $232.6M1%
- OtherBank of New York, All other custodians99%
Ownership and leadership
JTC USA Holdings, Inc owns 75% or more of Sali Fund Management.
- Owns 75% or more of Sali Fund Management, LLC
JTC USA Holdings, Inc
Control person · since November 2021
- Owns 75% or more of JTC USA Holdings, Inc
JTC Group Holdings (uk) Limited
Control person · since March 2023
- Owns 75% or more of JTC Group Holdings (uk) Limited
JTC Group Limited
Control person · since March 2023
- Owns 75% or more of JTC Group Limited
JTC Group Holdings Limited
Control person · since March 2023
- Owns 75% or more of JTC Group Holdings Limited
JTC PLC
Control person · since November 2021
- Owns 75% or more of JTC PLC
Eightplatform Xiii Limited 1
Control person · since August 2026
- Owns 75% or more of Eightplatform Xiii Limited 1
Permira Holdings Limited 1
Control person · since August 2026
- Owns 75% or more of JTC PLC
Papilio Bidco Limited
Control person · since August 2026
Leadership
- Gregory BellushChief Financial Officer
- Lana BergsteinChief Operating Officer
- Chi ChangChief Compliance Officer / General Counsel
- Jonas KatzChief Marketing Officer
- James PhilpDirector of Investment Research
- Cameron VailManaging Director
Staff
- 79 employees
- 5 in advisory functions
- 1 broker-dealer rep
Fees
Sali Fund Management is paid through a percentage of assets under management, hourly charges, fixed fees (other than subscription fees) and performance-based fees.
Sali Fund Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Sali Fund Management has 0 offices, with 1 listed address in 1 state.
Texas · 1 listed address
- 6850 Austin Center BLVD., Suite 300, AustinHQ
Registration details
- Legal name
- Sali Fund Management, LLC
- Headquarters
- 6850 Austin Center BLVD., Suite 300, Austin, TX 78731
- Phone
- 512-735-7254
- Website
- www.sali.com
- SEC file
- 801-61702
- 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 Sali Fund Management have?
Sali Fund Management has 246 clients and manages $46 billion for them, as of August 2026. They include 240 pooled investment vehicles and 6 insurance companies.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 August 2026
What services does Sali Fund Management offer?
Sali Fund Management 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
Which custodians does Sali Fund Management use?
Sali Fund Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $348,090,961, Goldman Sachs & Co. LLC (New York, NY), with $232,625,693 and Bank of New York (Pittsburgh, PA), with $187,729,269. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 August 2026
How many financial advisors does Sali Fund Management have?
Sali Fund Management has 0 investment adviser representatives registered with state securities authorities, out of 79 employees, and 5 perform investment advisory functions. 1 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 Sali Fund Management invest in?
At the end of its last fiscal year, Sali Fund Management’s separately managed accounts held 55% pooled vehicles (private funds and similar), 18% cash and equivalents, 15% exchange-traded equities, 11% registered funds (mutual funds, ETFs, BDCs) and 1% investment grade corporate bonds. It advises 240 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 Sali Fund Management?
Sali Fund Management is owned through a chain of holding companies by Papilio Bidco Limited and Permira Holdings Limited 1. Its direct owner is JTC USA Holdings, Inc (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 25 August 2026
How does Sali Fund Management get paid?
Sali Fund Management is paid through a percentage of assets under management, hourly charges, 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