Blog
League tables, city and state guides, and plain-English explainers — all built from live SEC Form ADV data.
October 12, 2026
The 25 Largest Real Estate Managers by AUM
The largest real estate managers registered with the SEC, ranked by regulatory assets under management. Every figure is drawn from current Form ADV filings.#ManagerLocationReg. AUM1J.P. Morgan…
October 9, 2026
What Does a Fund Administrator Do?
A fund administrator is the independent firm that keeps a private fund's books. Their work is unglamorous but essential: calculating the fund's net asset value, maintaining…
October 7, 2026
The Top Auditors for Private Funds
Which firms serve the most private funds as auditors? Using the latest SEC Form ADV filings, here are the leading auditors ranked by the number of…
October 5, 2026
The 25 Largest Venture Capital Managers by AUM
The largest venture capital managers registered with the SEC, ranked by regulatory assets under management. Every figure is drawn from current Form ADV filings.#ManagerLocationReg. AUM1T. Rowe…
September 30, 2026
What Is a Master-Feeder Structure?
A master-feeder structure is a common way to run a private fund. One or more "feeder" funds collect capital from investors and then invest substantially all…
September 28, 2026
The Top Fund Administrators for Private Funds
Which firms serve the most private funds as fund administrators? Using the latest SEC Form ADV filings, here are the leading fund administrators ranked by the…
September 26, 2026
The 25 Largest Private Equity Managers by AUM
The largest private equity managers registered with the SEC, ranked by regulatory assets under management. Every figure is drawn from current Form ADV filings.#ManagerLocationReg. AUM1Fidelity Management…
September 24, 2026
3(c)(1) vs 3(c)(7) Funds: What’s the Difference?
Most U.S. private funds avoid registering as investment companies by relying on one of two exclusions in the Investment Company Act: Section 3(c)(1) or Section 3(c)(7).…
September 22, 2026
The Top Custodians for Private Funds
Which firms serve the most private funds as custodians? Using the latest SEC Form ADV filings, here are the leading custodians ranked by the number of…
September 20, 2026
The 25 Largest Hedge Fund Managers by AUM
The largest hedge fund managers registered with the SEC, ranked by regulatory assets under management. Every figure is drawn from current Form ADV filings.#ManagerLocationReg. AUM1Pacific Investment…
September 18, 2026
What Is Form ADV? A Plain-English Guide
Form ADV is the disclosure document every investment adviser files with the U.S. Securities and Exchange Commission (SEC). It is the single most important public record…
September 16, 2026
The Top Prime Brokers for Private Funds
Which firms serve the most private funds as prime brokers? Using the latest SEC Form ADV filings, here are the leading prime brokers ranked by the…