Balmoral Management Ii L.P.
- Regulatory AUM
- $974M
- Discretionary
- $974M
- Clients
- 3
- Avg AUM / client
- $325M
- Accounts
- 3
- Employees
- 16
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Apr 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 3 | $974M | 100.0% |
Private funds (4)
Reported in Form ADV Section 7.B.(1), filing of May 2024 · $1.2B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Balmoral Pallet Partners Ii L.P. | Private Equity Fund | Delaware | $475M | 17 |
| Balmoral Special Situations Fund Iv L.P. | Private Equity Fund | Delaware | $473M | 120 |
| Balmoral Special Situations Fund Iii L.P. | Private Equity Fund | Delaware | $272M | 61 |
| Balmoral Special Situations Fund Ii L. P. | Private Equity Fund | Delaware | $17.3M | 48 |
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Victor, Jonathan, Album | Managing Member | Apr 2011 (15y) | ≈ 0% – 5% via Balmoral Funds Llc | |
| Astruc, Rafael | Limited Partner | Dec 2012 (14y) | 10% – 25% | |
| Mau, Luke, Daniel | Chief Compliance Officer & Chief Financial Officer | Mar 2018 (8y) | Less than 5% | |
| Nourmand, Robin, Simon | Member | Jan 2021 (6y) | ≈ 18.75% – 50% via Bm2 Aggregator Llc | |
| Victor, Samuel, Martin | Member | Jan 2021 (6y) | ≈ 18.75% – 50% via Bm2 Aggregator Llc |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Bm2 Aggregator Llc | Limited Partner | Jan 2021 | A | 75% or more |
| Balmoral Funds Llc | General Partner | Feb 2012 | A | Less than 5% |
Undisclosed: 0% – 15% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Victor, Jonathan, Album: 75% – 100% of Balmoral Funds Llc × 0% – 5% direct ≈ 0% – 5% of the firm
- Nourmand, Robin, Simon: 25% – 50% of Bm2 Aggregator Llc × 75% – 100% direct ≈ 18.75% – 50% of the firm
- Victor, Samuel, Martin: 25% – 50% of Bm2 Aggregator Llc × 75% – 100% direct ≈ 18.75% – 50% 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, $1.2B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Balmoral Pallet Partners Ii L.P. | Private Equity Fund | $475M | $500K | 17 |
| Balmoral Special Situations Fund Iv L.P. | Private Equity Fund | $473M | $500K | 120 |
| Balmoral Special Situations Fund Iii L.P. | Private Equity Fund | $272M | $500K | 61 |
| Balmoral Special Situations Fund Ii L. P. | Private Equity Fund | $17.3M | $200K | 48 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 04/30/2026 | 2.82 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
- • Other fees
- • MONITORING AND BUSINESS CONSULTING 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: Apr 30, 2026.
View current Form ADV (SEC/IAPD) ↗