Bleichroeder Lp
- Regulatory AUM
- $2.4B
- Discretionary
- $2.4B
- Clients
- 57
- Avg AUM / client
- $42.7M
- Accounts
- 57
- Employees
- 7
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 16, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 33 | $425M | 17.5% |
| Pooled investment vehicles (non-investment companies) | 5 | $1.0B | 41.3% |
| Charitable organizations | 6 | $936M | 38.5% |
| Corporations and other businesses | 13 | $66.6M | 2.74% |
Private funds (4)
Reported in Form ADV Section 7.B.(1), filing of Oct 2024 · $888M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Bleichroeder Uv, Llc | Private Equity Fund | Delaware | $355M | 13 |
| 21 April Fund, Ltd. | Hedge Fund | Cayman Islands | $333M | 7 |
| 21 April Fund, L.P. | Hedge Fund | Delaware | $146M | 16 |
| Bleichroeder Private Investments Llc | Private Equity Fund | Delaware | $53.6M | 12 |
People (4)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Kellen, Caroline, L. | Trustee | Nov 2014 (12y) | GP / trustee / elected manager of Nina Gorrissen 2014 Trust (indirect) | |
| Kellen, Christopher, N. | Trustee | Nov 2014 (12y) | GP / trustee / elected manager of Nina Gorrissen 2014 Trust (indirect) | |
| Gundlach, Andrew, Stephen | President, Co Ceo And Chief Compliance Officer | Jul 2019 (7y) | Less than 5% | |
| Kellen, Michael, Max | Trustee | Jul 2019 (7y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Bleichroeder Holdings Llc | General Partner | Jul 2019 | A | 75% or more |
| Asg 2019 Irrv Tr | Member | Jul 2019 | B | ≈ 37.5% – 75% via Bleichroeder Holdings Llc |
| Nina Gorrissen 2014 Trust | Member | Jul 2019 | B | ≈ 37.5% – 75% via Bleichroeder Holdings Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Asg 2019 Irrv Tr: 50% – 75% of Bleichroeder Holdings Llc × 75% – 100% direct ≈ 37.5% – 75% of the firm
- Nina Gorrissen 2014 Trust: 50% – 75% of Bleichroeder 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 (4, $888M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Bleichroeder Uv, Llc | Private Equity Fund | $355M | $100K | 13 |
| 21 April Fund, Ltd. | Hedge Fund | $333M | $100K | 7 |
| 21 April Fund, L.P. | Hedge Fund | $146M | $100K | 16 |
| Bleichroeder Private Investments Llc | Private Equity Fund | $53.6M | $100K | 12 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/16/2026 | 2.03 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
- • Fixed fees
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- U.S. Trust Company Of Delaware $2.3B (82% of AUM) Apr 2022
- Bank Of America, National Association $2.0B (87% of AUM) Oct 2024
- Bank Of America Private Bank $1.2B (50% 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 16, 2026.
View current Form ADV (SEC/IAPD) ↗