Aff Fund Manager, Llc
- Regulatory AUM
- $2.0B
- Discretionary
- $2.0B
- Clients
- 14
- Avg AUM / client
- $144M
- Accounts
- 14
- Employees
- 55
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 14 | $2.0B | 100.0% |
People (6)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Bezalel, Dror, Nmn | Chief Financial Officer | Jul 2012 (14y) | Less than 5% | |
| Hersh, Ahron, Nmn | Member | Jul 2012 (14y) | ≈ 9.38% – 37.5% via Ac Member, Llc | |
| Hersh, Toby, Nmn | Member | Jul 2012 (14y) | ≈ 9.38% – 37.5% via Ac Member, Llc | |
| Shulman, Matthew, Jason | Chief Executive Officer | Jul 2012 (14y) | ≈ 14.06% – 50% via Kingsfield Point, Llc | |
| Terwilliger, Todd, Michael | Head Of Residential Real Estate | Jul 2012 (14y) | Less than 5% | |
| Degance, Michael, Conner | Head Of Investor Relations | Nov 2012 (14y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| The Ardent Companies, Llc | Sole Member | Jun 2015 | A | 75% or more |
| Ac Member, Llc | Member | Jul 2012 | B | ≈ 18.75% – 50% via The Ardent Companies, Llc |
| Kingsfield Point, Llc | Member | Jul 2012 | B | ≈ 18.75% – 50% via The Ardent Companies, Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Hersh, Ahron, Nmn: 50% – 75% of Ac Member, Llc × 25% – 50% of The Ardent Companies, Llc × 75% – 100% direct ≈ 9.38% – 37.5% of the firm
- Hersh, Toby, Nmn: 50% – 75% of Ac Member, Llc × 25% – 50% of The Ardent Companies, Llc × 75% – 100% direct ≈ 9.38% – 37.5% of the firm
- Shulman, Matthew, Jason: 75% – 100% of Kingsfield Point, Llc × 25% – 50% of The Ardent Companies, Llc × 75% – 100% direct ≈ 14.06% – 50% of the firm
- Ac Member, Llc: 25% – 50% of The Ardent Companies, Llc × 75% – 100% direct ≈ 18.75% – 50% of the firm
- Kingsfield Point, Llc: 25% – 50% of The Ardent Companies, 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.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 1.26 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 27, 2026.
View current Form ADV (SEC/IAPD) ↗