Aquarian Holdings Investment Management Llc
- Regulatory AUM
- $26.7B
- Discretionary
- $26.5B
- Clients
- 16
- Avg AUM / client
- $1.7B
- Accounts
- 16
- Employees
- 88
AUM over time
Annual snapshots from Form ADV filings · as of May 12, 2026
Asset allocation (SMA assets by investment type)
as of May 12, 2026Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 12 | $2.2B | 8.34% |
| Insurance companies | 4 | $24.5B | 91.7% |
Private funds (8)
Reported in Form ADV Section 7.B.(1), filing of Oct 2024 · $1.4B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Gallatin Clo Ix 2018 1, Ltd. | Securitized Asset Fund | Cayman Islands | $472M | 4 |
| Gallatin Clo X 2023 1, Ltd | Securitized Asset Fund | Cayman Islands | $400M | 2 |
| Aquarian Fa Opportunities I Lp master | Private Equity Fund | Delaware | $188M | 4 |
| Gallatin Clo Viii 2017 1, Ltd. | Securitized Asset Fund | Cayman Islands | $121M | 4 |
| Aquarian Fa Fund Ii Lp feeder | Private Equity Fund | Delaware | $50.1M | 4 |
| Aquarian Fa Fund Iii Lp feeder | Private Equity Fund | Delaware | $50.1M | 4 |
| Aquarian Fa Fund I Lp feeder | Private Equity Fund | Delaware | $50.1M | 4 |
| Aquarian Fa Fund Iv Lp feeder | Private Equity Fund | Delaware | $38.6M | 4 |
People (2)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Sahay, Rudrabhishek | Chief Executive Officer, Chief Investment Officer | May 2017 (9y) | Less than 5% | |
| Goodman, Benjamin, Alexander | Chief Compliance Officer, Chief Legal Officer | Jun 2020 (6y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Aquarian Holdings Llc | Member | May 2017 | A | 75% or more |
| The Taurus Trust | Member | Nov 2018 | B | ≈ 37.5% – 75% via Aquarian Holdings Llc |
| Hedgerow Aqu Aiv Ub Business Trust | Member | Aug 2020 | B | ≈ 37.5% – 75% via Aquarian Holdings Llc |
| The Kelmscott Corporation | Trustee | Nov 2018 | B | GP / trustee / elected manager of The Taurus Trust (indirect) |
| Redbird Series 2019 Genpar Llc | Trustee | Aug 2020 | B | GP / trustee / elected manager of Hedgerow Aqu Aiv Ub Business Trust (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- The Taurus Trust: 50% – 75% of Aquarian Holdings Llc × 75% – 100% direct ≈ 37.5% – 75% of the firm
- Hedgerow Aqu Aiv Ub Business Trust: 50% – 75% of Aquarian Holdings Llc × 75% – 100% direct ≈ 37.5% – 75% 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 (8, $1.4B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Gallatin Clo Ix 2018 1, Ltd. | Securitized Asset Fund | $472M | $250K | 4 |
| Gallatin Clo X 2023 1, Ltd | Securitized Asset Fund | $400M | $100K | 2 |
| Aquarian Fa Opportunities I Lp | Private Equity Fund | $188M | $0 | 4 |
| Gallatin Clo Viii 2017 1, Ltd. | Securitized Asset Fund | $121M | $250K | 4 |
| Aquarian Fa Fund Ii Lp | Private Equity Fund | $50.1M | $0 | 4 |
| Aquarian Fa Fund Iii Lp | Private Equity Fund | $50.1M | $0 | 4 |
| Aquarian Fa Fund I Lp | Private Equity Fund | $50.1M | $0 | 4 |
| Aquarian Fa Fund Iv Lp | Private Equity Fund | $38.6M | $0 | 4 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/12/2026 | 4.38 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
- • Selection of other advisers
Custody
Reported custodians
- BNY Mellon $10.1B (38% of AUM) May 2026
- U.S. Bank $5.8B (22% of AUM) May 2026
- Citibank $4.7B (18% of AUM) May 2026
- J.P. Morgan $2.8B (11% of AUM) May 2026
- Brown Brothers Harriman & Co. $880M (15% of AUM) Aug 2023
- Fifth Third Bank $574M (72% of AUM) May 2019
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: May 12, 2026.
View current Form ADV (SEC/IAPD) ↗