Apc Asset Development I, Lp
- Regulatory AUM
- $2.3B
- Discretionary
- $2.3B
- Clients
- 6
- Avg AUM / client
- $375M
- Accounts
- 6
- Employees
- 46
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 6 | $2.3B | 100.0% |
Private funds (6)
Reported in Form ADV Section 7.B.(1), filing of Apr 2024 · $2.3B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Trestles Clo 2017 1, Ltd. | Securitized Asset Fund | Cayman Islands | $501M | 34 |
| Trestles Clo Ii, Ltd. | Securitized Asset Fund | Cayman Islands | $477M | 25 |
| Trestles Clo Iii, Ltd. | Securitized Asset Fund | Cape Verde Islands | $403M | 18 |
| Trestles Clo Iv, Ltd. | Securitized Asset Fund | Cayman Islands | $402M | 25 |
| Trestles Clo V, Ltd. | Securitized Asset Fund | Cayman Islands | $401M | 26 |
| Apc Asset Development I, Lp | Private Equity Fund | Delaware | $121M | 2 |
People (4)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Lallande, Joseph, Gustave | General Counsel | Jul 2023 (3y) | Less than 5% | |
| Nolan, Dominic, Dao | Chief Executive Officer | Jul 2023 (3y) | Less than 5% | |
| Rumsey, Carol, Elaine | Chief Compliance Officer | Jul 2023 (3y) | Less than 5% | |
| Schwab, Joshua, Brian | Chief Operating Officer | Jul 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Pacific Life Insurance Company | Limited Partner | Dec 2023 | A | 75% or more |
| Apc Asset Gp I, Llc | General Partner | Jul 2023 | A | Less than 5% |
| Aristotle Pacific Capital, Llc | Owner/Managing Member | Jul 2023 | B | ≈ 0% – 5% via Apc Asset Gp I, Llc |
| Aristotle Capital Management, Llc | Owner, Member | Apr 2023 | B | ≈ 0% – 3.75% via Aristotle Pacific Capital, Llc |
| Rcb Acquisition Company Llc | Owner/Member | Jul 2011 | B | ≈ 0% – 1.88% via Aristotle Capital Management, Llc |
| Gleicher Holdings | Owner/ Member | Dec 2012 | B | GP / trustee / elected manager of Aristotle Capital Management, Llc (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Aristotle Pacific Capital, Llc: 75% – 100% of Apc Asset Gp I, Llc × 0% – 5% direct ≈ 0% – 5% of the firm
- Aristotle Capital Management, Llc: 50% – 75% of Aristotle Pacific Capital, Llc × 75% – 100% of Apc Asset Gp I, Llc × 0% – 5% direct ≈ 0% – 3.75% of the firm
- Rcb Acquisition Company Llc: 25% – 50% of Aristotle Capital Management, Llc × 50% – 75% of Aristotle Pacific Capital, Llc × 75% – 100% of Apc Asset Gp I, Llc × 0% – 5% direct ≈ 0% – 1.88% 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 (6, $2.3B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Trestles Clo 2017 1, Ltd. | Securitized Asset Fund | $501M | $250K | 34 |
| Trestles Clo Ii, Ltd. | Securitized Asset Fund | $477M | $250K | 25 |
| Trestles Clo Iii, Ltd. | Securitized Asset Fund | $403M | $250K | 18 |
| Trestles Clo Iv, Ltd. | Securitized Asset Fund | $402M | $250K | 25 |
| Trestles Clo V, Ltd. | Securitized Asset Fund | $401M | $250K | 26 |
| Apc Asset Development I, Lp | Private Equity Fund | $121M | $1.0M | 2 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 2.78 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 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: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗