Cortec Group Management Services, Llc
- Regulatory AUM
- $6.6B
- Discretionary
- $6.6B
- Clients
- 12
- Avg AUM / client
- $553M
- Accounts
- 12
- Employees
- 30
AUM over time
Annual snapshots from Form ADV filings · as of Mar 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 12 | $6.6B | 100.0% |
Private funds (11)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $6.9B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Cortec Group Fund Viii Lp | Private Equity Fund | Delaware | $1.6B | 111 |
| Cortec Group Fund Vii, L.P. | Private Equity Fund | Delaware | $1.4B | 96 |
| Cortec Group Fund Viii A Lp | Private Equity Fund | Delaware | $1.4B | 60 |
| Cortec Group Fund Vi, L.P. | Private Equity Fund | Delaware | $970M | 42 |
| Cortec Group Fund Vii A, L.P. | Private Equity Fund | Delaware | $876M | 40 |
| Cortec Group Fund Vi A, L.P. | Private Equity Fund | Delaware | $501M | 24 |
| Cortec Viii Employee Co Investment Llc | Private Equity Fund | Delaware | $96.3M | 22 |
| Cortec Co Investment Fund Vi, Llc | Private Equity Fund | Delaware | $45.3M | 12 |
| Cortec Vii Employee Co Investment, Llc | Private Equity Fund | Delaware | $39.0M | 7 |
| Cortec Group Fund V Lp | Private Equity Fund | Delaware | $6.1M | 34 |
| Cortec Co Investment Fund V, Llc | Private Equity Fund | Delaware | $880K | 10 |
People (6)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Neuberger, Michael, Stewart | Chief Financial Officer; Chief Compliance Officer | Apr 2015 (11y) | Less than 5% | |
| Lipsitz, Jeffrey, Adam | Member / Limited Partner | Dec 2018 (8y) | ≈ 14.06% – 50% via Cortec Group Feeder Lp | |
| Najjar, Michael, Edward | Member / Limited Partner | Dec 2018 (8y) | GP / trustee / elected manager of Cortec Group Feeder Lp (indirect) | |
| Schnadig, David, Lawrence | Member / Limited Partner | Dec 2018 (8y) | ≈ 14.06% – 50% via Cortec Group Feeder Lp | |
| Shannon, Jeffrey, Ryan | Elected Manager | Nov 2019 (7y) | GP / trustee / elected manager of Cortec Group Gp Llc (indirect) | |
| Stein, Jonathan | Elected Manager | Nov 2019 (7y) | GP / trustee / elected manager of Cortec Group Gp Llc (indirect) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Cortec Group Holdings, L.P. | Owner | Dec 2018 | A | 75% or more |
| Cortec Group Gp Llc | Managing Member | Dec 2018 | A | Less than 5% |
| Cortec Group Feeder Lp | Owner | Dec 2018 | B | ≈ 56.25% – 100% via Cortec Group Holdings, L.P. |
| Cortec Group Gp Llc | Member / General Partner | Dec 2018 | B | GP / trustee / elected manager of Cortec Group Feeder Lp (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Lipsitz, Jeffrey, Adam: 25% – 50% of Cortec Group Feeder Lp × 75% – 100% of Cortec Group Holdings, L.P. × 75% – 100% direct ≈ 14.06% – 50% of the firm
- Schnadig, David, Lawrence: 25% – 50% of Cortec Group Feeder Lp × 75% – 100% of Cortec Group Holdings, L.P. × 75% – 100% direct ≈ 14.06% – 50% of the firm
- Cortec Group Feeder Lp: 75% – 100% of Cortec Group Holdings, L.P. × 75% – 100% direct ≈ 56.25% – 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 (11, $6.9B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Cortec Group Fund Viii Lp | Private Equity Fund | $1.6B | $10.0M | 111 |
| Cortec Group Fund Vii, L.P. | Private Equity Fund | $1.4B | $5.0M | 96 |
| Cortec Group Fund Viii A Lp | Private Equity Fund | $1.4B | $10.0M | 60 |
| Cortec Group Fund Vi, L.P. | Private Equity Fund | $970M | $5.0M | 42 |
| Cortec Group Fund Vii A, L.P. | Private Equity Fund | $876M | $5.0M | 40 |
| Cortec Group Fund Vi A, L.P. | Private Equity Fund | $501M | $5.0M | 24 |
| Cortec Viii Employee Co Investment Llc | Private Equity Fund | $96.3M | $0 | 22 |
| Cortec Co Investment Fund Vi, Llc | Private Equity Fund | $45.3M | $0 | 12 |
| Cortec Vii Employee Co Investment, Llc | Private Equity Fund | $39.0M | $0 | 7 |
| Cortec Group Fund V Lp | Private Equity Fund | $6.1M | $5.0M | 34 |
| Cortec Co Investment Fund V, Llc | Private Equity Fund | $880K | $0 | 10 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 4.66 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 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 27, 2026.
View current Form ADV (SEC/IAPD) ↗