Brahma Management Llc
- Regulatory AUM
- $244M
- Discretionary
- $244M
- Clients
- 5
- Avg AUM / client
- $48.7M
- Accounts
- 5
- Employees
- 4
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Feb 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 5 | $244M | 100.0% |
Private funds (5)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $280M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Jm Asian Mezzanine Opportunities, Ltd. | Real Estate Fund | Mauritius | $110M | 1 |
| Neptune Private Equity, Ltd. | Private Equity Fund | Mauritius | $60.2M | 1 |
| Brahma Opportunities, Ltd | Real Estate Fund | Mauritius | $53.5M | 1 |
| Neptune Asian Mezzanine, Ltd. | Real Estate Fund | Mauritius | $48.6M | 1 |
| Brahma Investments I, Ltd. | Real Estate Fund | Mauritius | $8.0M | 1 |
People (1)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Madan, Gulbir, Singh | Director, Chief Compliance Officer | Nov 2005 (21y) | ≈ 56.25% – 100% via Brahma Holdings, Llc |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Brahma Holdings, Llc | Shareholder | Nov 2005 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Madan, Gulbir, Singh: 75% – 100% of Brahma Holdings, Llc × 75% – 100% direct ≈ 56.25% – 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 (5, $280M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Jm Asian Mezzanine Opportunities, Ltd. | Real Estate Fund | $110M | $100M | 1 |
| Neptune Private Equity, Ltd. | Private Equity Fund | $60.2M | $50.0M | 1 |
| Brahma Opportunities, Ltd | Real Estate Fund | $53.5M | $100M | 1 |
| Neptune Asian Mezzanine, Ltd. | Real Estate Fund | $48.6M | $50.0M | 1 |
| Brahma Investments I, Ltd. | Real Estate Fund | $8.0M | $50.0M | 1 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 02/27/2026 | 2.01 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: ALLEGED VIOLATIONS OF RULE 204(B)-1 UNDER U.S. INVESTMENT ADVISERS ACT OF 1940, DUE TO BRAHMA'S FAILURE TO FILE FORM PF FOR FISCAL YEARS 2012 THROUGH 2016. Status: Final Sanction Detail: $75,000 PAID ON JUNE 4, 2018. Summary: THE ACTION WAS RESOLVED PURSUANT TO COMMISSION ORDER: IN THE MATTER OF CERTAIN FORM PF FILING DELINQUENCIES P-02093 (JUNE 1, 2018) (THE "ORDER"). PURSUANT TO THE ORDER, BRAHMA MANAGEMENT, LTD. ("BRAHMA") WAS ORDERED TO CEASE AND DESIST FROM COMMITTING OR CAUSING ANY VIOLATIONS AND ANY FUTURE VIOLATIONS OF RULE 204(B)-1 UNDER THE INVESTMENT ADVISERS ACT. ADDITIONALLY, PURSUANT TO THE ORDER, BRAHMA WAS CENSURED. BRAHMA WAS ALSO ORDERED TO, WITHIN 10 DAYS OF THE ENTRY OF THE ORDER, PAY A CIVIL MONEY PENALTY IN THE AMOUNT OF $75,000 TO THE SECURITIES AND EXCHANGE COMMISSION.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
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: Feb 27, 2026.
View current Form ADV (SEC/IAPD) ↗