Arena Investors, Lp
- Regulatory AUM
- $3.0B
- Discretionary
- $2.9B
- Clients
- 31
- Avg AUM / client
- $96.4M
- Accounts
- 31
- Employees
- 180
AUM over time
Annual snapshots from Form ADV filings · as of Jul 20, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 14 | $2.1B | 71.0% |
| Pension and profit sharing plans | 1 | $11.5M | 0.39% |
| Other investment advisers | 4 | $56.4M | 1.89% |
| Insurance companies | 10 | $643M | 21.5% |
| Other | 2 | $155M | 5.18% |
Private funds (10)
Reported in Form ADV Section 7.B.(1), filing of Aug 2024 · $2.2B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Arena Special Opportunities Partners Ii, Lp master | Hedge Fund | Delaware | $558M | 12 |
| Arena Special Opportunities Partners I, Lp master | Hedge Fund | Delaware | $425M | 10 |
| Arena Special Opportunities Fund, Lp | Hedge Fund | Delaware | $325M | 65 |
| Arena Special Opportunities Partners (Cayman Master) Ii, Lp master | Hedge Fund | Cayman Islands | $273M | 3 |
| Arena Special Opportunities (Offshore) Master, Lp master | Hedge Fund | Cayman Islands | $273M | 75 |
| Arena Secondaries And Liquidity Solutions Excess Capacity I A, Lp | Private Equity Fund | Delaware | $140M | 25 |
| Arena Special Opportunities Partners (Cayman Master) I, Lp master | Hedge Fund | Cayman Islands | $108M | 3 |
| Arena Secondaries And Liquidity Solutions Excess Capacity I B, Lp | Private Equity Fund | Delaware | $50.7M | 32 |
| Arena New Zealand Real Estate Credit Fund Iii, Lp master | Hedge Fund | Delaware | $26.2M | 53 |
| Arena Special Opportunities Partners Iii, Lp master | Hedge Fund | Delaware | $19.2M | 6 |
People (2)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Zwirn, Daniel, Bernard | Member Manager | Jun 2015 (11y) | 75% or more of Bernard Partners, Lp (indirect) | |
| Lama, Tsering, Lhasang | Cco | Sep 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Arena Investors Group Holdings, Llc | Holding Company | May 2015 | B | 75% or more of Arena Investors Gp, Llc (indirect) |
Undisclosed: 95% – 100% 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 (10, $2.2B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Arena Special Opportunities Partners Ii, Lp | Hedge Fund | $558M | $15.0M | 12 |
| Arena Special Opportunities Partners I, Lp | Hedge Fund | $425M | $15.0M | 10 |
| Arena Special Opportunities Fund, Lp | Hedge Fund | $325M | $5.0M | 65 |
| Arena Special Opportunities Partners (Cayman Master) Ii, Lp | Hedge Fund | $273M | $15.0M | 3 |
| Arena Special Opportunities (Offshore) Master, Lp | Hedge Fund | $273M | $5.0M | 75 |
| Arena Secondaries And Liquidity Solutions Excess Capacity I A, Lp | Private Equity Fund | $140M | $10.0M | 25 |
| Arena Special Opportunities Partners (Cayman Master) I, Lp | Hedge Fund | $108M | $15.0M | 3 |
| Arena Secondaries And Liquidity Solutions Excess Capacity I B, Lp | Private Equity Fund | $50.7M | $10.0M | 32 |
| Arena New Zealand Real Estate Credit Fund Iii, Lp | Hedge Fund | $26.2M | $15.0M | 53 |
| Arena Special Opportunities Partners Iii, Lp | Hedge Fund | $19.2M | $15.0M | 6 |
From Form ADV Section 7.B private fund reporting.
Documents (2 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 07/20/2026 | 5.24 MB | View · PDF · Source ↗ |
| Form ADV (full filing) | 05/04/2026 | 5.24 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
- • ASSET SERVICING EXPENSE
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Citibank $543M (20% of AUM) Feb 2026
- J.P. Morgan $303M (10% of AUM) Jul 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: Jul 20, 2026.
View current Form ADV (SEC/IAPD) ↗