Marblegate Asset Management, Llc
- Regulatory AUM
- $2.9B
- Discretionary
- $2.9B
- Clients
- 31
- Avg AUM / client
- $94.3M
- Accounts
- 31
- Employees
- 28
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 31 | $2.9B | 100.0% |
Private funds (12)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $2.6B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Marblegate Special Opportunities Master Fund, L.P. master | Hedge Fund | Cayman Islands | $552M | 93 |
| Marblegate Partners Ii Master Fund I, L.P. master | Private Equity Fund | Cayman Islands | $506M | 37 |
| Marblegate Strategic Opportunities Master Fund I, L.P. master | Private Equity Fund | Delaware | $410M | 1 |
| Marblegate Partners Master Fund I, L.P. master | Private Equity Fund | Cayman Islands | $271M | 18 |
| Marblegate Partners Ii Overflow Master Fund, L.P. master | Private Equity Fund | Delaware | $218M | 65 |
| Marblegate Cobblestone Master Fund I, L.P. master | Private Equity Fund | Delaware | $214M | 3 |
| Marblegate Tactical Iii Master Fund I, L.P. master | Private Equity Fund | Cayman Islands | $167M | 22 |
| Marblegate Tactical Iii Master Fund Ii, L.P. master | Private Equity Fund | Delaware | $111M | 22 |
| Marblegate Tactical Master Fund I, L.P. master | Private Equity Fund | Delaware | $81.0M | 7 |
| Marblegate Tactical Master Fund Ii, L.P. master | Private Equity Fund | Delaware | $52.2M | 7 |
| Marblegate Partners Master Fund Ii, L.P. master | Private Equity Fund | Cayman Islands | $17.0M | 18 |
| Marblegate Partners Ii Master Fund Ii, L.P. master | Private Equity Fund | Delaware | $0 | 37 |
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Arrouet, Paul, Maurice | Managing Partner | Jul 2008 (18y) | ≈ 18.75% – 50% via Marblegate Im Holdings, Llc | |
| Milgram, Andrew, Scott | Managing Partner And Chief Investment Officer | Jul 2008 (18y) | ≈ 18.75% – 50% via Marblegate Im Holdings, Llc | |
| Wildes, Denise, Kupietzky | General Counsel & Chief Compliance Officer | Dec 2014 (12y) | Less than 5% | |
| Halpern, Adam, Joshua | Chief Operating Officer | Jan 2022 (5y) | Less than 5% | |
| Kravetz, Jeffrey, Adam | Chief Financial Officer | Mar 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Marblegate Im Holdings, Llc | Managing Member | Sep 2021 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Arrouet, Paul, Maurice: 25% – 50% of Marblegate Im Holdings, Llc × 75% – 100% direct ≈ 18.75% – 50% of the firm
- Milgram, Andrew, Scott: 25% – 50% of Marblegate Im Holdings, Llc × 75% – 100% direct ≈ 18.75% – 50% 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 (12, $2.6B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Marblegate Special Opportunities Master Fund, L.P. | Hedge Fund | $552M | $5.0M | 93 |
| Marblegate Partners Ii Master Fund I, L.P. | Private Equity Fund | $506M | $5.0M | 37 |
| Marblegate Strategic Opportunities Master Fund I, L.P. | Private Equity Fund | $410M | $5.0M | 1 |
| Marblegate Partners Master Fund I, L.P. | Private Equity Fund | $271M | $5.0M | 18 |
| Marblegate Partners Ii Overflow Master Fund, L.P. | Private Equity Fund | $218M | $5.0M | 65 |
| Marblegate Cobblestone Master Fund I, L.P. | Private Equity Fund | $214M | $5.0M | 3 |
| Marblegate Tactical Iii Master Fund I, L.P. | Private Equity Fund | $167M | $5.0M | 22 |
| Marblegate Tactical Iii Master Fund Ii, L.P. | Private Equity Fund | $111M | $5.0M | 22 |
| Marblegate Tactical Master Fund I, L.P. | Private Equity Fund | $81.0M | $5.0M | 7 |
| Marblegate Tactical Master Fund Ii, L.P. | Private Equity Fund | $52.2M | $5.0M | 7 |
| Marblegate Partners Master Fund Ii, L.P. | Private Equity Fund | $17.0M | $5.0M | 18 |
| Marblegate Partners Ii Master Fund Ii, L.P. | Private Equity Fund | $0 | $5.0M | 37 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 4.85 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports having 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) ↗