Zephyr Management, L.P. is an SEC registered investment adviser organized as a limited partnership with a primary office location in New York, NY. Its latest Form ADV filing, dated March 17, 2026, reports $256M in regulatory assets under management, 22 employees, and 34 accounts.
Assets Under Management
$256M
Employees
22
Offices
--
Total Clients
34
Primary office
NEW YORK, NY
12 EAST 49TH STREET, 41ST FLOOR, NEW YORK, NY, United States
Portfolio management for individuals and small businesses
Portfolio management for pooled investment vehicles
Fee models offered
3 types reported
Asset based fees
Other fee arrangements
Performance-based fees
Sources checked May 15, 2026
Client Coverage Demographics
Top client segmentPooled Investment Vehicles represent 88.2% of total clients.
Top client categories% of clientsClients
1
Pooled Investment Vehicles
88.2%
30
2
HNWI
8.8%
3
3
NON-DISCRETIONARY FUND
2.9%
1
Categories with <5 clients
High net worth individuals (HNWI)<5 clients
Regulatory Assets Under Management Breakdown
Total regulatory assets under management$256Mas of March 17, 2026
Discretionary95.3%
$244M
95% of total RAUM95.3%
Non-discretionary4.7%
$12M
5% of total RAUM4.7%
Regulatory assets under management are split between discretionary and non-discretionary assets.
Assets under management Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Latest AUM$256M
Total Accounts34
10Y AUM Change+$82M (+47.5%)
Employee Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Total Employees22
Clients per Employee2:1
10Y Employee Change-1 (-4.3%)
* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.