Ara Advisers, Llc
- Regulatory AUM
- $6.8B
- Discretionary
- $6.8B
- Clients
- 41
- Avg AUM / client
- $165M
- Accounts
- 41
- Employees
- 95
AUM over time
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 41 | $6.8B | 100.0% |
Private funds (30)
View all →Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $7.2B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Ara Fund Iii A, Scsp | Private Equity Fund | Luxembourg | $1.5B | 33 |
| Ara Fund Iii, Lp | Private Equity Fund | Cayman Islands | $1.0B | 26 |
| Ara Fund Ii, Lp | Private Equity Fund | Cayman Islands | $567M | 34 |
| Ara Fund Ii A, Scsp | Private Equity Fund | Luxembourg | $547M | 31 |
| Ara Fund I, Lp master | Private Equity Fund | Delaware | $547M | 18 |
| Ara Vac Co Investment, Lp | Private Equity Fund | Cayman Islands | $306M | 12 |
| Ara Fund I Feeder, Lp feeder | Private Equity Fund | Delaware | $305M | 9 |
| Ara Fund Ii Divert Co Invest, Lp | Private Equity Fund | Delaware | $296M | 2 |
| Ara Fund Iii C, Scsp | Private Equity Fund | Luxembourg | $290M | 5 |
| Ara Fund Ii B, Lp | Private Equity Fund | Cayman Islands | $254M | 3 |
| Ap Fund Holdings, Lp | Private Equity Fund | Cayman Islands | $250M | 6 |
| Ara Priority Power Holdings, Llc | Private Equity Fund | Delaware | $194M | 3 |
| Ara Fund Iii Aiv, Lp | Private Equity Fund | Cayman Islands | $123M | 76 |
| Ara Ag Fiber Co Investment, Lp | Private Equity Fund | Delaware | $98.5M | 4 |
| Ara Fund Iii B, Lp | Private Equity Fund | Cayman Islands | $97.4M | 4 |
People (3)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Charles Reed Cherington | Managing Partner | Jun 2016 (10y) | ≈ 18.75% – 50% via Ara Partners Group, Llc | |
| Narasimhan, Karthik | Chief Operating Officer, Chief Legal Officer & Chief Compliance Officer | Jun 2016 (10y) | Less than 5% | |
| Troy William Thacker | Managing Partner | Jun 2016 (10y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Ara Partners Group, Llc | Member | May 2017 | A | 75% or more |
| Affiliated Managers Group, Inc. | Member | Oct 2023 | B | ≈ 18.75% – 50% via Ara Partners Group, Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Charles Reed Cherington: 25% – 50% of Ara Partners Group, Llc × 75% – 100% direct ≈ 18.75% – 50% of the firm
- Affiliated Managers Group, Inc.: 25% – 50% of Ara Partners Group, 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.
Private funds (30, $7.2B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Ara Fund Iii A, Scsp | Private Equity Fund | $1.5B | $5.0M | 33 |
| Ara Fund Iii, Lp | Private Equity Fund | $1.0B | $5.0M | 26 |
| Ara Fund Ii, Lp | Private Equity Fund | $567M | $5.0M | 34 |
| Ara Fund Ii A, Scsp | Private Equity Fund | $547M | $5.0M | 31 |
| Ara Fund I, Lp | Private Equity Fund | $547M | $5.0M | 18 |
| Ara Vac Co Investment, Lp | Private Equity Fund | $306M | $5.0M | 12 |
| Ara Fund I Feeder, Lp | Private Equity Fund | $305M | $5.0M | 9 |
| Ara Fund Ii Divert Co Invest, Lp | Private Equity Fund | $296M | $5.0M | 2 |
| Ara Fund Iii C, Scsp | Private Equity Fund | $290M | $5.0M | 5 |
| Ara Fund Ii B, Lp | Private Equity Fund | $254M | $5.0M | 3 |
| Ap Fund Holdings, Lp | Private Equity Fund | $250M | $5.0M | 6 |
| Ara Priority Power Holdings, Llc | Private Equity Fund | $194M | $5.0M | 3 |
| Ara Fund Iii Aiv, Lp | Private Equity Fund | $123M | $5.0M | 76 |
| Ara Ag Fiber Co Investment, Lp | Private Equity Fund | $98.5M | $5.0M | 4 |
| Ara Fund Iii B, Lp | Private Equity Fund | $97.4M | $5.0M | 4 |
| Ara Pg Aggregator, Lp | Private Equity Fund | $95.7M | $5.0M | 7 |
| Ara Fund Co Investment T, Lp | Private Equity Fund | $76.2M | $5.0M | 1 |
| Ara Usdcf Blocked Co Invest, Lp | Private Equity Fund | $75.0M | $5.0M | 3 |
| Ara Puraglobe Co Invest, Lp | Private Equity Fund | $66.1M | $5.0M | 2 |
| Ara Fund Co Investment A, Scsp | Private Equity Fund | $65.9M | $5.0M | 4 |
| Ara Lincoln Co Invest, Lp | Private Equity Fund | $62.2M | $5.0M | 3 |
| Ara Infrastrucutre Fund I A Aiv, Lp | Private Equity Fund | $61.4M | $5.0M | 4 |
| Ara Infrastructure Fund I A, Scsp | Private Equity Fund | $60.8M | $5.0M | 3 |
| Ara Fund Co Investment G, Scsp | Private Equity Fund | $60.0M | $5.0M | 1 |
| Ara Fund Iii Feeder, Lp | Private Equity Fund | $39.7M | $5.0M | 1 |
Top 25 of 30 funds by gross assets · all funds
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 9.67 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 31, 2026.
View current Form ADV (SEC/IAPD) ↗