Five Arrows Managers North America Llc
- Regulatory AUM
- $3.4B
- Discretionary
- $3.4B
- Clients
- 11
- Avg AUM / client
- $306M
- Accounts
- 11
- Employees
- 16
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 11 | $3.4B | 100.0% |
Private funds (9)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $3.0B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Ocean Trails Clo Xiv | Securitized Asset Fund | Cayman Islands | $405M | 1 |
| Ocean Trails Clo Xi | Securitized Asset Fund | Cayman Islands | $397M | 1 |
| Ocean Trails Clo 8 | Securitized Asset Fund | Cayman Islands | $378M | 1 |
| Ocean Trails Clo V | Securitized Asset Fund | Cayman Islands | $375M | 3 |
| Ocean Trails Clo Ix | Securitized Asset Fund | Cayman Islands | $375M | 1 |
| Ocean Trails Clo Xii | Securitized Asset Fund | Cayman Islands | $360M | 1 |
| Ocean Trails Clo X | Securitized Asset Fund | Cayman Islands | $359M | 1 |
| Ocean Trails Clo Vii | Securitized Asset Fund | Cayman Islands | $320M | 5 |
| Ocean Trails Clo Xv | Securitized Asset Fund | Cayman Islands | $76.6M | 1 |
People (6)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Hatley, Michael, Dale | Chief Investment Officer, Managing Director | Jun 2005 (21y) | Less than 5% | |
| Clancy, Michael, Davitt | Director | Sep 2015 (11y) | Less than 5% | |
| Lopez, Cynthia | Senior Compliance Officer | Sep 2018 (8y) | Less than 5% | |
| Carroll, John, Murray | Director | Feb 2019 (8y) | Less than 5% | |
| Skor, Heidimarie, Eleonore | Director | Dec 2020 (6y) | Less than 5% | |
| Henry, Kelly, M | Chief Compliance Officer | Mar 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Five Arrows | Shareholder | Dec 2022 | A | 75% or more |
| K Developpment Sas | Shareholder | Dec 2022 | B | ≈ 56.25% – 100% via Five Arrows |
| Rothchild & Co Sca | Shareholder | Dec 2022 | B | ≈ 42.19% – 100% via K Developpment Sas |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- K Developpment Sas: 75% – 100% of Five Arrows × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Rothchild & Co Sca: 75% – 100% of K Developpment Sas × 75% – 100% of Five Arrows × 75% – 100% direct ≈ 42.19% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (9, $3.0B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Ocean Trails Clo Xiv | Securitized Asset Fund | $405M | $100K | 1 |
| Ocean Trails Clo Xi | Securitized Asset Fund | $397M | $125K | 1 |
| Ocean Trails Clo 8 | Securitized Asset Fund | $378M | $150K | 1 |
| Ocean Trails Clo V | Securitized Asset Fund | $375M | $100K | 3 |
| Ocean Trails Clo Ix | Securitized Asset Fund | $375M | $150K | 1 |
| Ocean Trails Clo Xii | Securitized Asset Fund | $360M | $150K | 1 |
| Ocean Trails Clo X | Securitized Asset Fund | $359M | $125K | 1 |
| Ocean Trails Clo Vii | Securitized Asset Fund | $320M | $150K | 5 |
| Ocean Trails Clo Xv | Securitized Asset Fund | $76.6M | $150K | 1 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 3.37 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: N M ROTHSCHILD & SONS LIMITED ("NMR") WAS PUBLICLY CRITICISED BY THE PANEL EXECUTIVE FOR FAILING TO PREVENT BREACHES OF RULES 9.1 AND 7.1 OF THE TAKEOVER CODE IN CONNECTION WITH THE PURCHASE OF SHARES IN PLUSNET ON BEHALF OF BT ON 21 NOVEMBER 2006. NMR WAS FINANCIAL ADVISER TO BT AND FAILED TO ADVISE OF THE 30% THRESHOLD TRIGGER. Status: Final Sanction Detail: N/A Summary: THE MATTER IS CLOSED.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Other services
Custody
Firm reports it does not have custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗