Clients
Strategic Investment Management serves 82 clients, 34 of them charitable organizations. The average client has about $433 million with the firm.
- Pooled investment vehicles28 clients9%
- Pension and profit-sharing plans20 clients49%
- Charitable organizations34 clients37%
- Corporations and other businesses4%
- High-net-worth individuals1%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | Not reported | $412,976,560 | 1.2% | — |
| Pooled investment vehicles | 28 | $3,184,589,718 | 9.0% | $113.7M |
| Pension and profit-sharing plans | 20 | $17,483,574,247 | 49.2% | $874.2M |
| Charitable organizations | 34 | $13,108,943,741 | 36.9% | $385.6M |
| Corporations and other businesses | Not reported | $1,322,142,084 | 3.7% | — |
| Total | 82 | $35,512,226,350 | 100% | $433.1M |
- Clients
- Not reported
- Regulatory AUM
- $412,976,560
- Share
- 1.2%
- Avg. per client
- —
- Clients
- 28
- Regulatory AUM
- $3,184,589,718
- Share
- 9.0%
- Avg. per client
- $113.7M
- Clients
- 20
- Regulatory AUM
- $17,483,574,247
- Share
- 49.2%
- Avg. per client
- $874.2M
- Clients
- 34
- Regulatory AUM
- $13,108,943,741
- Share
- 36.9%
- Avg. per client
- $385.6M
- Clients
- Not reported
- Regulatory AUM
- $1,322,142,084
- Share
- 3.7%
- Avg. per client
- —
Total
- Clients
- 82
- Regulatory AUM
- $35,512,226,350
- Share
- 100%
- Avg. per client
- $433.1M
What it does
Strategic Investment Management provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting and selecting other managers. It is paid through a percentage of assets, fixed fees and performance-based fees.
Strategic Investment Management advises 26 private funds.
96.1% of assets ($34.12B across 85 accounts) are managed with discretion; $1.40B across 2 accounts are not. 7% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks3%
- Funds57%
- Pooled vehicles55%
- Registered funds2%
- Bonds17%
- U.S. government and agency bonds16%
- Investment grade corporate bonds1%
- Cash4%
- Other19%
- Derivatives19%
Custodians
Strategic Investment Management’s client accounts are held mainly at The Northern Trust, with 61% of managed assets, and BNY Mellon Asset Servicing, with 24%. Strategic Investment Management has custody of $33.57B for 87 clients.
- The Northern TrustThe Northern Trust Company · Chicago, IL · $21.79B61%
- BNY Mellon Asset ServicingBNY Mellon Asset Servicing · Everett, MA · $8.49B24%
- All other custodians$5.23B15%
Ownership and leadership
Nush II BLC, LLC owns 25% to 50% of Strategic Investment Management, and Nicole Kraus is its CEO.
- Owns 25% to 50% of Strategic Investment Management, LLC
Nush II BLC, LLC
Control person · since July 2012
- Owns 25% to 50% of Strategic Investment Management, LLC
Northill US Holdings II Inc.
Control person · since February 2019
- Owns 75% or more of Northill US Holdings II Inc.
Northill Jersey Holdings, LP
Control person · since February 2019
- Owns 25% to 50% of Northill Jersey Holdings, LP
Northill Capital (jersey) L.P.
Control person · since January 2011
- Owns 75% or more of Northill Capital (jersey) L.P.
Northill Invest LP
Control person · since November 2015
- Owns 75% or more of Northill Invest LP
Landmark LP
Control person · since November 2015
- Owns 50% to 75% of Landmark LP
Ernesto Bertarelli
Control person · since January 2011
- Owns 25% to 50% of Landmark LP
Donata Guichard-Bertarelli
Control person · since January 2011
LM (GP) LTD
General partner · Control person · since November 2008
- Owns 75% or more of LM (GP) LTD
Bertarelli Partners LTD.
Control person · since June 2020
B-Flexion GP Limited
General partner · Control person · since November 2015
B-Flexion Am Holdings Limited
General partner · Control person · since June 2012
- Owns 75% or more of B-Flexion Am Holdings Limited
B-Flexion Holdings (switzerland) Sa
Control person · since June 2020
- Owns 75% or more of B-Flexion Holdings (switzerland) Sa
B-Flexion Holdings Sa
Control person · since June 2024
- Owns 75% or more of B-Flexion Holdings Sa
B-Flexion Group Holdings Sa
Control person · since June 2024
Leadership
- Nicole KrausChief Executive Officer and Director
- Melissa LynchChief Compliance Officer
- Dierk FlemmingGeneral Counsel and Director
- Evelyn GuernseyDirector
- Ranjani KearsleyDirector
- Graham KellanDirector
- Markus KrygierCo-Chief Investment Officer and Director
- William RiegelDirector
Staff
- 94 employees
- 42 in advisory functions
Reported holdings
Strategic Investment Management’s reported 13F holdings total $290.5M across 16 positions, and the ten largest make up 97.5% of it.
- $290.5M
- Reported 13F value
- 16
- Positions
- 97.5%
- In the 10 largest
- +21.3%
- Value vs. prior quarter
- Vanguard S&P500 ETFETF36.1%
- iShares Core U.S. AggregateETF11.7%
- JPMORGAN Betabuilders Canada ETFETF11.4%
- MSCI Emerging Markets ETF (ishares Core)ETF10.0%
- iShares S&P Gsci Commodity IETF6.9%
- iShares Russell 3000 IndexETF6.1%
- MSCI Eafe ETF (ishares Core)ETF5.3%
- SPDR Gold TrustETF5.2%
- SPDR Barclays Capital HighETF2.6%
- Tdtt US EquityETF2.0%
Together, the ten largest are 97.5% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $290.5M is not its $35.51B in regulatory assets and does not represent any individual client's portfolio.
Fees
Strategic Investment Management is paid through a percentage of assets under management, fixed fees (other than subscription fees) and performance-based fees.
Strategic Investment Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Strategic Investment Management has 0 offices, with 1 listed address in 1 state.
Virginia · 1 listed address
- 1001 19th ST. N.,16TH FL., ArlingtonHQ
Other business names
Strategic Investment Management has reported 4 other business names to the SEC.
- Strategic Alpha, Inc.
- Strategic Investment Group
- Strategic Private Equity Management (GP), LLC
- Strategic Private Equity Management IV, LLC
Registration details
- Legal name
- Strategic Investment Management, LLC
- Headquarters
- 1001 19th ST. N.,16TH FL., Arlington, VA 22209-1722
- Phone
- 703-243-4433
- Website
- Not reported
- SEC file
- 801-31849
- 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 Strategic Investment Management have?
Strategic Investment Management has 82 clients and manages $35.5 billion for them, as of March 2026. They include 34 charitable organizations, 28 pooled investment vehicles and 20 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Strategic Investment Management offer?
Strategic Investment Management provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Strategic Investment Management use?
Strategic Investment Management’s separately managed account assets are held at The Northern Trust Company (Chicago, IL), with $21,787,771,168 and BNY Mellon Asset Servicing (Everett, MA), with $8,494,366,526. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does Strategic Investment Management have?
Strategic Investment Management has 0 investment adviser representatives registered with state securities authorities, out of 94 employees, and 42 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
What does Strategic Investment Management invest in?
At the end of its last fiscal year, Strategic Investment Management’s separately managed accounts held 55% pooled vehicles (private funds and similar), 19% derivatives, 16% U.S. government and agency bonds, 4% cash and equivalents, 3% exchange-traded equities, 2% registered funds (mutual funds, ETFs, BDCs) and 1% investment grade corporate bonds. It advises 26 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 Strategic Investment Management?
Strategic Investment Management is owned through a chain of holding companies by Ernesto Bertarelli, Donata Guichard-Bertarelli, Bertarelli Partners LTD. and B-Flexion Group Holdings Sa. Its direct owners are Nush II BLC, LLC and Northill US Holdings II Inc., each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Strategic Investment Management get paid?
Strategic Investment 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