Alpinvest Us Holdings, Llc
- Regulatory AUM
- $57.7B
- Discretionary
- $56.3B
- Clients
- 136
- Avg AUM / client
- $424M
- Accounts
- 136
- Employees
- 289
AUM over time
Annual snapshots from Form ADV filings · as of Jul 16, 2026
Asset allocation (SMA assets by investment type)
as of Jul 16, 2026Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Banking or thrift institutions | 1 | $37.1M | 0.06% |
| Pooled investment vehicles (non-investment companies) | 120 | $53.7B | 93.2% |
| Pension and profit sharing plans | 1 | $27.6M | 0.05% |
| State or municipal government entities | 2 | $224M | 0.39% |
| Other investment advisers | 1 | $6.8M | 0.01% |
| Insurance companies | 2 | $685M | 1.19% |
| Sovereign wealth funds and foreign official institutions | 9 | $2.9B | 5.12% |
Private funds (87)
View all →Reported in Form ADV Section 7.B.(1), filing of Aug 2024 · $36.1B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Alpinvest Secondaries Fund (Offshore) Vii, L.P. master | Private Equity Fund | Cayman Islands | $3.4B | 97 |
| Alpinvest Secondaries Fund (Onshore) Viii, L.P. master | Private Equity Fund | Delaware | $2.4B | 24 |
| Alpinvest Secondaries Fund (Offshore) Viii, L.P. master | Private Equity Fund | Cayman Islands | $2.3B | 62 |
| Alpinvest Secondaries Fund (Onshore) Vii, L.P. master | Private Equity Fund | Delaware | $2.2B | 153 |
| Alpinvest Access Fund Ii, L.P. | Private Equity Fund | Delaware | $1.5B | 3 |
| Alpinvest Co Investment Fund (Onshore) Viii, L.P. master | Private Equity Fund | Delaware | $1.5B | 141 |
| Alpinvest Secondaries Fund (Offshore) Vi, L.P. master | Private Equity Fund | Cayman Islands | $1.5B | 43 |
| Alpinvest N Fund, L.P. | Private Equity Fund | Cayman Islands | $1.1B | 2 |
| Alpinvest Finance Street, L.P. | Private Equity Fund | Cayman Islands | $1.1B | 2 |
| Alpinvest C Fund, L.P. | Private Equity Fund | Delaware | $1.1B | 2 |
| Alpinvest Co Investment Fund (Offshore) Ix, L.P. master | Private Equity Fund | Cayman Islands | $1.0B | 60 |
| Alpinvest Co Investment Fund (Offshore) Viii, L.P. master | Private Equity Fund | Cayman Islands | $978M | 63 |
| Alpinvest Finance Street Ii, L.P. | Private Equity Fund | Cayman Islands | $963M | 2 |
| Alpinvest C Fund Ii, L.P. | Private Equity Fund | Delaware | $939M | 2 |
| Alpinvest Spire Fund, L.P. | Private Equity Fund | Cayman Islands | $933M | 2 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Metropolitan Opera Association Retirement Plan Metropolitan Opera Association, Inc | 2024 |
People (4)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Fairall, Cameron, Samuel | Chief Compliance Officer | May 2011 (15y) | Less than 5% | |
| Bagijn Van Overbeeke, Geertruida, Rudolfina | Managing Director And Principal Executive | Jun 2019 (7y) | Less than 5% | |
| Thorne, Michael, Steven | Chief Legal Officer | Jun 2019 (7y) | Less than 5% | |
| Herberg, Erica, Kathleen | Chief Financial Officer | Dec 2021 (5y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| The Carlyle Group | Managing Member | May 2014 | A | 75% or more |
| Tc Group, L.L.C. | Member | Dec 2000 | B | ≈ 56.25% – 100% via The Carlyle Group |
| Cg Subsidiary Holdings L.L.C. | Member | Jan 2020 | B | ≈ 42.19% – 100% via Tc Group, L.L.C. |
| Carlyle Holdings I Gp Inc. | Member | Nov 2011 | B | 75% or more of Carlyle Holdings I Gp Sub L.L.C. (indirect) |
| The Carlyle Group, Inc. | Shareholder | Nov 2011 | B | 75% or more of Carlyle Holdings I Gp Inc. (indirect) |
| Carlyle Holdings Ii Gp L.L.C. | Member | Nov 2011 | B | ≈ 7.91% – 50% via Carlyle Holdings Ii L.L.C. |
| The Carlyle Group Inc. | Member | Nov 2011 | B | ≈ 5.93% – 50% via Carlyle Holdings Ii Gp L.L.C. |
| Carlyle Holdings I, L.P. | Member | Jan 2020 | B | ≈ 21.09% – 75% via Cg Subsidiary Holdings L.L.C. |
| Carlyle Holdings Ii L.L.C. | Member | Jan 2020 | B | ≈ 10.55% – 50% via Cg Subsidiary Holdings L.L.C. |
| Carlyle Holdings I Gp Sub L.L.C. | General Partner | Nov 2011 | B | GP / trustee / elected manager of Carlyle Holdings I, L.P. (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Tc Group, L.L.C.: 75% – 100% of The Carlyle Group × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Cg Subsidiary Holdings L.L.C.: 75% – 100% of Tc Group, L.L.C. × 75% – 100% of The Carlyle Group × 75% – 100% direct ≈ 42.19% – 100% of the firm
- Carlyle Holdings Ii Gp L.L.C.: 75% – 100% of Carlyle Holdings Ii L.L.C. × 25% – 50% of Cg Subsidiary Holdings L.L.C. × 75% – 100% of Tc Group, L.L.C. × 75% – 100% of The Carlyle Group × 75% – 100% direct ≈ 7.91% – 50% of the firm
- The Carlyle Group Inc.: 75% – 100% of Carlyle Holdings Ii Gp L.L.C. × 75% – 100% of Carlyle Holdings Ii L.L.C. × 25% – 50% of Cg Subsidiary Holdings L.L.C. × 75% – 100% of Tc Group, L.L.C. × 75% – 100% of The Carlyle Group × 75% – 100% direct ≈ 5.93% – 50% of the firm
- Carlyle Holdings I, L.P.: 50% – 75% of Cg Subsidiary Holdings L.L.C. × 75% – 100% of Tc Group, L.L.C. × 75% – 100% of The Carlyle Group × 75% – 100% direct ≈ 21.09% – 75% of the firm
- Carlyle Holdings Ii L.L.C.: 25% – 50% of Cg Subsidiary Holdings L.L.C. × 75% – 100% of Tc Group, L.L.C. × 75% – 100% of The Carlyle Group × 75% – 100% direct ≈ 10.55% – 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 (87, $36.1B gross assets)
Top 25 of 87 funds by gross assets · all funds
From Form ADV Section 7.B private fund reporting.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Metropolitan Opera Association Retirement Plan | Metropolitan Opera Association, Inc | 715 | $278M | 08/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 07/16/2026 | 33.5 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
- • Fixed fees
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
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: Jul 16, 2026.
View current Form ADV (SEC/IAPD) ↗