First Citizens Institutional Asset Management Llc
- Regulatory AUM
- $829M
- Discretionary
- $0
- Clients
- 2
- Avg AUM / client
- $415M
- Accounts
- 2
- Employees
- 25
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) | 2 | $829M | 100.0% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $911M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Cit Northbridge Credit Llc | Hedge Fund | Delaware | $911M | 2 |
People (11)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Nassaney, Kathleen, Nmn | Director | Aug 2009 (17y) | Less than 5% | |
| Carlson, Mark, Adrian | Senior Vice President & Treasury Controller | Nov 2011 (15y) | Less than 5% | |
| Sawka, Kathleen, Martha | Vice President Corporate Treasury | Nov 2011 (15y) | Less than 5% | |
| Doppelt, Harvey, Nmn | Managing Director | Jun 2014 (12y) | Less than 5% | |
| Fong, Eric, Wai Hung | Director | May 2015 (11y) | Less than 5% | |
| Saltzman, Barrie, Nmn | Vice President | Jan 2017 (10y) | Less than 5% | |
| Legan, Neal, Thomas | Managing Director | Jun 2017 (9y) | Less than 5% | |
| Skavla, Peter, Lawrence | Managing Director | Jun 2017 (9y) | Less than 5% | |
| Voulgaropoulos, Andrea, Lise | Director | Nov 2018 (8y) | Less than 5% | |
| Harris, Cherie, Tanika | Chief Compliance Officer | Dec 2018 (8y) | Less than 5% | |
| Hudak, James | President | Jan 2024 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Cit Loan Corporation | Member | Mar 2020 | A | 75% or more |
| First Citizens Bank & Trust Company | Shareholder | Jan 2022 | B | ≈ 56.25% – 100% via Cit Loan Corporation |
| First Citizens Bancshares, Inc. | Shareholder | Jan 2022 | B | ≈ 42.19% – 100% via First Citizens Bank & Trust Company |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- First Citizens Bank & Trust Company: 75% – 100% of Cit Loan Corporation × 75% – 100% direct ≈ 56.25% – 100% of the firm
- First Citizens Bancshares, Inc.: 75% – 100% of First Citizens Bank & Trust Company × 75% – 100% of Cit Loan Corporation × 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 (1, $911M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Cit Northbridge Credit Llc | Hedge Fund | $911M | $50.0M | 2 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 1.7 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
- • Portfolio management for businesses/institutional clients
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) ↗