Alerce Investment Management, L.P.
- Regulatory AUM
- $227M
- Discretionary
- $227M
- Clients
- 25
- Avg AUM / client
- $9.1M
- Accounts
- 26
- Employees
- 4
AUM over time
Annual snapshots from Form ADV filings · as of Mar 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| High net worth individuals | 12 | $5.5M | 2.4% |
| Pooled investment vehicles (non-investment companies) | 13 | $218M | 96.0% |
| Charitable organizations | Fewer than 5 clients | $3.7M | 1.63% |
Private funds (9)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $150M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Alerce Medical Technology Partners, L.P. | Private Equity Fund | Delaware | $75.2M | 20 |
| Satter Medical Technology Partners, L.P. | Private Equity Fund | Delaware | $29.6M | 38 |
| Alerce Medical Technology Partners, L.P., Class 2023 2 | Private Equity Fund | Delaware | $19.2M | 22 |
| Alerce Medical Technology Partners, L.P., Class 2023 1 | Private Equity Fund | Delaware | $7.9M | 3 |
| Srx Investment Ii, L.P. | Private Equity Fund | Delaware | $6.4M | 7 |
| Srx Investment, L.P. | Private Equity Fund | Delaware | $3.9M | 7 |
| Satter Co Invest Partners, L.P. | Private Equity Fund | Delaware | $3.1M | 14 |
| Smtp Co Invest I, L.P. | Private Equity Fund | Delaware | $2.3M | 11 |
| Smtp Co Invest Ii (Awc), L.P. | Private Equity Fund | Delaware | $2.3M | 17 |
People (2)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Satter, Muneer, Ahmad | Managing Partner | Nov 2000 (26y) | Less than 5% | |
| Gray, Laura | Chief Compliance Officer, Chief Financial Officer And Chief Operating Officer | May 2017 (9y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Satter Investment Management, Llc | Partner | Nov 2016 | A | 75% or more |
| Satter Management Co. Gp, Llc | General Partner | Nov 2016 | A | Less than 5% |
| Muneer A. Satter Revocable Trust | Member | Nov 2016 | B | ≈ 0% – 5% via Satter Management Co. Gp, Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Muneer A. Satter Revocable Trust: 75% – 100% of Satter Management Co. Gp, Llc × 0% – 5% direct ≈ 0% – 5% 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, $150M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Alerce Medical Technology Partners, L.P. | Private Equity Fund | $75.2M | $10.0M | 20 |
| Satter Medical Technology Partners, L.P. | Private Equity Fund | $29.6M | $5.0M | 38 |
| Alerce Medical Technology Partners, L.P., Class 2023 2 | Private Equity Fund | $19.2M | $0 | 22 |
| Alerce Medical Technology Partners, L.P., Class 2023 1 | Private Equity Fund | $7.9M | $0 | 3 |
| Srx Investment Ii, L.P. | Private Equity Fund | $6.4M | $0 | 7 |
| Srx Investment, L.P. | Private Equity Fund | $3.9M | $0 | 7 |
| Satter Co Invest Partners, L.P. | Private Equity Fund | $3.1M | $0 | 14 |
| Smtp Co Invest I, L.P. | Private Equity Fund | $2.3M | $0 | 11 |
| Smtp Co Invest Ii (Awc), L.P. | Private Equity Fund | $2.3M | $0 | 17 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 3.81 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: DURING M. SATTER'S TENURE AS A MEMBER OF THE BOARD OF DIRECTORS OF GRUPO CLARIN (THE "COMPANY"), THE CNV BROUGHT AN ADMINISTRATIVE ACTION AGAINST THE COMPANY AND ITS BOARD OF DIRECTORS CLAIMING THAT THEY FAILED TO DISCLOSE, IN VIOLATION OF ARGENTINIAN LAW, THE FILING OF AN APPEAL AGAINST AN INJUNCTION ORDERED BY AN ARGENTINE COURT AGAINST A SUBSIDIARY OF THE COMPANY, AND THE APPEAL'S SUBSEQUENT DENIAL. Status: Final Sanction Detail: THE TOTAL AMOUNT OF THE FINE LEVIED AGAINST THE COMPANY AND THE BOARD OF DIRECTORS WAS 200,000ARS (APPROXIMATELY USD$1,000.00). THE COMPANY PAID THE FINE IN FULL ON FEBRUARY 15, 2023. THE COURT OF APPEALS' DECISION REGARDING THE AMOUNT OF FEES PAYABLE BY THE COMPANY AND THE BOARD OF DIRECTORS TO THE CNV'S LAWYERS IS STILL PENDING. Summary: THE ARGENTINIAN COURT OF APPEALS ISSUED ITS DECISION AFFIRMING THE CNV'S ADMINISTRATIVE ACTION AND THE ASSOCIATED FINE. THE COMPANY DOES NOT INTEND ANY FURTHER APPEALS AND PAID THE FINE IN FULL ON FEBRUARY 15, 2023. THE COURT OF APPEALS' DECISION REGARDING THE AMOUNT OF FEES PAYABLE BY THE COMPANY AND THE BOARD OF DIRECTORS TO THE CNV'S LAWYERS IS STILL PENDING.
Allegations: DURING M. SATTER'S TENURE AS A MEMBER OF THE BOARD OF DIRECTORS OF GRUPO CLARIN (THE "COMPANY"), THE CNV BROUGHT AN ADMINISTRATIVE ACTION AGAINST THE COMPANY AND ITS BOARD OF DIRECTORS CLAIMING THAT THEY FAILED TO DISCLOSE, IN VIOLATION OF ARGENTINIAN LAW, THE EXISTENCE OF A CONSUMER LAWSUIT AGAINST THE COMPANY. Status: On Appeal Sanction Detail: THE TOTAL AMOUNT OF THE FINE LEVIED AGAINST THE COMPANY AND THE BOARD OF DIRECTORS WAS 300,000ARS (APPROXIMATELY USD$1,500.00). THE COMPANY HAS APPEALED THE CNV DECISION TO THE ARGENTINIAN COURT OF APPEALS ON DECEMBER 9, 2020. Summary: IN APRIL 2023, THE ARGENTINIAN COURT OF APPEALS OVERTURNED THE CNV'S DECISION TO IMPOSE A FINE WITH RESPECT TO ALL PARTIES, AND DENIED THE CNV PERMISSION TO APPEAL THIS DECISION BEFORE THE SUPREME COURT OF ARGENTINA. THE CNV HAS FILED A DIRECT APPEAL BEFORE THE SUPREME COURT CHALLENGING THE COURT OF APPEALS' DENIAL OF PERMISSION TO APPEAL.
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 individuals/small businesses
- • Portfolio management for pooled investment vehicles
Custody
Reported custodians
- Broadridge Corporate Issuer Solutions, Inc. $24.8M (8% of AUM) Mar 2021
- Carta Securities, Llc $8.8M (3% of AUM) Mar 2021
- Computershare Trust Company, N.A. $4.0M (2% of AUM) Mar 2026
- Pershing $3.2M (1% of AUM) Mar 2026
- Merrill Lynch $1.9M (1% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
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) ↗