Carl Marks Management Company, Llc
- Regulatory AUM
- $374M
- Discretionary
- $374M
- Clients
- 4
- Avg AUM / client
- $93.6M
- Accounts
- 4
- Employees
- 8
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 26, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 4 | $374M | 100.0% |
Private funds (3)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $339M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Carl Marks Strategic Investments, L.P. | Hedge Fund | Delaware | $185M | 40 |
| Carl Marks Strategic Opportunities Fund Iii, L.P. | Hedge Fund | Delaware | $138M | 29 |
| Carl Marks Strategic Opportunities Fund Ii, Lp | Hedge Fund | Delaware | $15.7M | 55 |
People (7)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Boas, Andrew, Mark | Managing Member | Apr 1987 (39y) | 10% – 25% | |
| Ruocco, Robert, C | Managing Member | Jan 1993 (34y) | 10% – 25% | |
| Speer, Robert, Alan | Chief Financial Officer | Oct 1998 (28y) | Less than 5% | |
| Wilson, James, Forbes | Managing Member | Jan 2001 (26y) | 10% – 25% | |
| Rios, Maria, Anne | Controller | Sep 2008 (18y) | Less than 5% | |
| Lee, Michael, Sungmin | Managing Member/Chief Investment Officer | Jan 2019 (8y) | 10% – 25% | |
| Rakela, Esteban, Jorge | Managing Member | Jan 2020 (7y) | 10% – 25% |
Undisclosed: 0% – 50% of the firm is not attributable from the filed Schedule A bands.
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 (3, $339M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Carl Marks Strategic Investments, L.P. | Hedge Fund | $185M | $5.0M | 40 |
| Carl Marks Strategic Opportunities Fund Iii, L.P. | Hedge Fund | $138M | $5.0M | 29 |
| Carl Marks Strategic Opportunities Fund Ii, Lp | Hedge Fund | $15.7M | $5.0M | 55 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/26/2026 | 1.73 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 having 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 26, 2026.
View current Form ADV (SEC/IAPD) ↗