Saw Mill Capital L.L.C.
- Regulatory AUM
- $1.0B
- Discretionary
- $1.0B
- Clients
- 10
- Avg AUM / client
- $102M
- Accounts
- 10
- Employees
- 25
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) | 10 | $1.0B | 100.0% |
Private funds (10)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $1.2B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Saw Mill Capital Partners Ii Lp | Private Equity Fund | Delaware | $250M | 27 |
| Saw Mill Capital Partners Ii A Lp | Private Equity Fund | Delaware | $247M | 17 |
| Saw Mill Capital Partners Iii | Private Equity Fund | Delaware | $222M | 47 |
| Saw Mill Capital Cv B, Lp | Private Equity Fund | Delaware | $168M | 12 |
| Saw Mill Capital Cv, Lp | Private Equity Fund | Delaware | $126M | 37 |
| Saw Mill Capital Partners Iii A | Private Equity Fund | Delaware | $95.1M | 42 |
| Saw Mill Capital Cvr, Lp | Private Equity Fund | Delaware | $78.9M | 18 |
| Saw Mill Capital Partners, Lp | Private Equity Fund | Delaware | $18.1M | 37 |
| Saw Mill Capital Cvr B, Lp | Private Equity Fund | Delaware | $8.9M | 3 |
| Saw Mill Capital Investors Lp | Private Equity Fund | Delaware | $155K | 16 |
People (3)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Cirella, Blinn, Marie | Partner, Chief Financial Officer | Nov 2006 (20y) | Less than 5% | |
| Unger, Howard | Limited Partner | Nov 2007 (19y) | ≈ 37.5% – 75% via Saw Mill Capital Holdings, Lp | |
| Gerstner, William, Mark | Partner, Chief Compliance Officer | Jan 2011 (16y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Saw Mill Capital Holdings, Lp | Sole Member | Jan 2008 | A | 75% or more |
| Saw Mill Capital Associates Gp, Llc | General Partner | Nov 2007 | B | GP / trustee / elected manager of Saw Mill Capital Holdings, Lp (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Unger, Howard: 50% – 75% of Saw Mill Capital Holdings, Lp × 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 (10, $1.2B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Saw Mill Capital Partners Ii Lp | Private Equity Fund | $250M | $135K | 27 |
| Saw Mill Capital Partners Ii A Lp | Private Equity Fund | $247M | $1.0M | 17 |
| Saw Mill Capital Partners Iii | Private Equity Fund | $222M | $300K | 47 |
| Saw Mill Capital Cv B, Lp | Private Equity Fund | $168M | $1.2M | 12 |
| Saw Mill Capital Cv, Lp | Private Equity Fund | $126M | $15.0K | 37 |
| Saw Mill Capital Partners Iii A | Private Equity Fund | $95.1M | $250K | 42 |
| Saw Mill Capital Cvr, Lp | Private Equity Fund | $78.9M | $9.0K | 18 |
| Saw Mill Capital Partners, Lp | Private Equity Fund | $18.1M | $200K | 37 |
| Saw Mill Capital Cvr B, Lp | Private Equity Fund | $8.9M | $9.5K | 3 |
| Saw Mill Capital Investors Lp | Private Equity Fund | $155K | $0 | 16 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/26/2026 | 2.93 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 26, 2026.
View current Form ADV (SEC/IAPD) ↗