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Summit Trail Advisors, LLC

● SEC registered since 2015CRD 220519SEC# 801-99352New York, NY
Export (members)
Ranks #562 of 6,004 private fund managers by regulatory AUM.
Reg. AUM
$19.94B
Fund GAV
$1.99B
Private funds
16
Employees
94
Accounts
9,778
Location
New York, NY

Summit Trail Advisors, LLC assets under management

Summit Trail Advisors, LLC is a registered investment adviser overseen by the SEC based in New York, NY. The firm has been registered since 2015. It reports $19.9 billion in regulatory assets under management and employs 94 people. Summit Trail Advisors, LLC manages 16 private funds with combined gross assets of $2 billion, including Ascent Arbitrage Fund. By regulatory assets, it ranks 562 of 6,004 private fund managers.

Summit Trail Advisors, LLC private funds

16 funds · $1.99B GAV
FundTypeGross assetsMin.
Ascent Arbitrage FundHedge$545M$250K
Ascent Emerging Markets Fund, LPHedge$245.1M$250K
International Value Equity Fund, a Series of Ascent Global Access Partnership I, L.P.Hedge$189.6M$250K
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Summit Trail Advisors, LLC owners & executives

16 reported
NameTitleOwnershipSince
Alan Raboy ControlChief Financial OfficerUnder 5%2025
David Wade Romhilt ControlChief Investment OfficerUnder 5%2015
Jack Barry Petersen ControlManager/MemberUnder 5%2015
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Frequently asked questions

How much does Summit Trail Advisors, LLC manage?

Summit Trail Advisors, LLC reports $19.9 billion in regulatory assets under management on its Form ADV.

How many private funds does Summit Trail Advisors, LLC manage?

Summit Trail Advisors, LLC manages 16 private funds with combined gross assets of $2 billion.

How many employees does Summit Trail Advisors, LLC have?

Summit Trail Advisors, LLC reports 94 employees.

Where is Summit Trail Advisors, LLC located?

Summit Trail Advisors, LLC is based in New York, NY and has been SEC-registered since 2015.

Does Summit Trail Advisors, LLC disclose fund performance?

Summit Trail Advisors, LLC is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.

Contact & registration

Address2 Grand Central Tower, 140 E 45th Street, 28th Floor, New York, NY 10017
Phone212-812-7010
Fax212-214-0593
Office hours8:00 a.m. - 5:00 p.m.
SEC regionNew York Regional Office (NYRO)
CIK1698478
Discloses disciplinary historyNo

Regulatory AUM

$19.94B▼ 16%
Mar '25 — $23.64BApr '25 — $23.64BMay '25 — $23.64BJun '25 — $23.64BJul '25 — $23.64BAug '25 — $26.16BSep '25 — $26.16BOct '25 — $26.16BNov '25 — $26.16BDec '25 — $26.16BJan '26 — $26.16BFeb '26 — $26.16BMar '26 — $19.94BApr '26 — $19.94BMay '26 — $19.94BJun '26 — $19.94B
Mar '25Form ADV, monthlyJun '26

How this firm compares

Regulatory AUMTop 5%
Larger than 95% of 16,271 advisers
AUM vs fund managersTop 9%
Larger than 91% of 6,004 private-fund managers
Number of fundsTop 16%
More funds than 84% of fund managers
EmployeesTop 7%
More than 93% of 16,825 advisers

Assets under management

$19.94Bregulatory AUM
Discretionary $11.06BNon-discretionary $8.88B

Fund type mix

Private Equity8
Hedge7
Real Estate1

Service providers