Icg Advisors, Llc
- Regulatory AUM
- $7.9B
- Discretionary
- $2.2B
- Clients
- 70
- Avg AUM / client
- $113M
- Accounts
- 108
- Employees
- 26
AUM over time
Annual snapshots from Form ADV filings · as of May 21, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| High net worth individuals | 55 | $5.7B | 72.2% |
| Pooled investment vehicles (non-investment companies) | 11 | $1.1B | 14.2% |
| Charitable organizations | 2 | $787M | 9.93% |
| Corporations and other businesses | 2 | $288M | 3.63% |
Private funds (13)
Reported in Form ADV Section 7.B.(1), filing of Jul 2024 · $1.1B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Icg Credit Opportunities Fund Ii Lp | Other Private Fund | California | $382M | 90 |
| Icg Credit Opportunities Fund Lp | Other Private Fund | Delaware | $142M | 49 |
| Icg Credit Opportunities Fund 2 A Lp | Other Private Fund | California | $112M | 2 |
| Icg Studio Holdings Llc | Real Estate Fund | Delaware | $95.6M | 61 |
| Icg Access Fund, Llc | Hedge Fund | Delaware | $86.3M | 64 |
| Icg Credit Opportunities Fund 1 A Lp | Other Private Fund | Delaware | $72.8M | 2 |
| Icg Coresci Holdings, Lp | Private Equity Fund | Delaware | $48.4M | 92 |
| Icg Mb Holdings, Llc | Real Estate Fund | Delaware | $46.4M | 23 |
| Icg Insurance Fund Ii Llc | Other Private Fund | Delaware | $24.2M | 4 |
| Icg Special Opportunities Fund I, Lp | Other Private Fund | Delaware | $22.6M | 2 |
| Icg Television City Holdings, Llc | Real Estate Fund | Delaware | $16.6M | 29 |
| Icg Silvercup Holdings Llc | Real Estate Fund | Delaware | $15.4M | 30 |
| Radford Studio Center Ci Llc | Real Estate Fund | Delaware | $6.0M | 23 |
People (5)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Assaf, Cecelia, Marie | Trustee | Mar 2005 (21y) | ≈ 42.19% – 100% via The Assaf Family Trust Dtd 3/24/2005 | |
| Joseph Jeffrey Assaf | Senior Managing Director | Mar 2005 (21y) | 75% or more | |
| Edelstein, Robert, Benjamin | Managing Director | Jan 2009 (18y) | Less than 5% | |
| Jonathan, Blenner, H | Managing Director | Jan 2009 (18y) | Less than 5% | |
| Petchenick, Allison, Virginia | Chief Compliance Officer | Apr 2016 (10y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Pippy Corp. | Owner | Jan 2015 | A | 75% or more |
| The Assaf Family Trust Dtd 3/24/2005 | Owner | Jan 2015 | B | ≈ 56.25% – 100% via Pippy Corp. |
Estimated effective ownership (look-through of filed bands):
- Assaf, Cecelia, Marie: 75% – 100% of The Assaf Family Trust Dtd 3/24/2005 × 75% – 100% of Pippy Corp. × 75% – 100% direct ≈ 42.19% – 100% of the firm
- The Assaf Family Trust Dtd 3/24/2005: 75% – 100% of Pippy Corp. × 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 (13, $1.1B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Icg Credit Opportunities Fund Ii Lp | Other Private Fund | $382M | $5.0M | 90 |
| Icg Credit Opportunities Fund Lp | Other Private Fund | $142M | $5.0M | 49 |
| Icg Credit Opportunities Fund 2 A Lp | Other Private Fund | $112M | $5.0M | 2 |
| Icg Studio Holdings Llc | Real Estate Fund | $95.6M | $75.0K | 61 |
| Icg Access Fund, Llc | Hedge Fund | $86.3M | $1.0M | 64 |
| Icg Credit Opportunities Fund 1 A Lp | Other Private Fund | $72.8M | $5.0M | 2 |
| Icg Coresci Holdings, Lp | Private Equity Fund | $48.4M | $25.0K | 92 |
| Icg Mb Holdings, Llc | Real Estate Fund | $46.4M | $62.5K | 23 |
| Icg Insurance Fund Ii Llc | Other Private Fund | $24.2M | $1.0M | 4 |
| Icg Special Opportunities Fund I, Lp | Other Private Fund | $22.6M | $5.0M | 2 |
| Icg Television City Holdings, Llc | Real Estate Fund | $16.6M | $38.5K | 29 |
| Icg Silvercup Holdings Llc | Real Estate Fund | $15.4M | $27.5K | 30 |
| Radford Studio Center Ci Llc | Real Estate Fund | $6.0M | $100K | 23 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/21/2026 | 3.96 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 individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
- • Selection of other advisers
Custody
Reported custodians
- RBC $1.5B (19% of AUM) May 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: May 21, 2026.
View current Form ADV (SEC/IAPD) ↗