Data / Investment advisers / Texas / NB Alternatives Advisers LLC
NB Alternatives Advisers LLC, Dallas, TX: $160 billion AUM, SEC registered investment adviser
Updated November 7, 2026. Source: the SEC's Form ADV data files for investment advisers.
NB Alternatives Advisers LLC is an SEC registered investment adviser with its main office in Dallas, Texas and reports $160 billion in regulatory assets under management in its Form ADV filed September 29, 2026. Its clients include pooled investment vehicles, pension and profit sharing plans and insurance companies. It is paid through a percentage of assets under management, fixed fees and performance based fees. It advises 159 private funds.
The request: Watch NB Alternatives Advisers LLC (CRD number 149822): each new Form ADV amendment, with AUM, clients and private funds. $10 of work on sign-up, no card.
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- Registration
- SEC registered investment adviser
- CRD number
- 149822
- SEC file number
- 801-70009
- SEC status
- Approved, effective March 31, 2009
- Main office
- 2101 Cedar Springs Road 12th Floor, Suite 1200, Dallas, TX 75201
- Phone
- (214) 647-9500
- Regulatory AUM
- $160,242,886,816 in the Form ADV filed September 29, 2026
- Discretionary AUM
- $141,684,824,942
- Non discretionary AUM
- $18,558,061,874
- Accounts
- 379
- Employees
- 417, of which 224 give investment advice
- Form of organization
- Limited Liability Company
- Paid through
- a percentage of assets under management, fixed fees, performance based fees
- Private funds
- 159: 154 private equity funds, 5 hedge funds
- Gross assets of private funds
- $80,447,501,245
- Other offices
- 12
- Umbrella registration
- 1 relying advisers
- Form ADV Item 11 disclosures
- Reported: SEC or CFTC regulatory actions, other federal, state or foreign regulatory actions
- Latest Form ADV filing
- September 29, 2026
- SEC record
- Investment Adviser Public Disclosure
Clients
Client types the adviser reports in Form ADV item 5.D, with the AUM it attributes to each.
| Client type | Clients | AUM |
|---|---|---|
| Pooled investment vehicles | 192 | $89.08 billion |
| Pension and profit sharing plans | 48 | $22.94 billion |
| Insurance companies | 61 | $20.05 billion |
| Banking or thrift institutions | 28 | $11.87 billion |
| State or municipal government entities | 9 | $7.87 billion |
| Investment companies | 16 | $4.16 billion |
| Corporations or other businesses | 6 | $1.42 billion |
| Sovereign wealth funds and foreign official institutions | 9 | $1.36 billion |
| High net worth individuals | 2 | $544.2 million |
| Charitable organizations | 4 | $491.4 million |
| Other investment advisers | 4 | $466 million |
AUM in the SEC's monthly files
Each change in the AUM the adviser reported across the monthly SEC files held here, with the first file that shows the new value.
| First in the file of | AUM | Form ADV filed |
|---|---|---|
| April 1, 2026 | $160.24 billion | March 27, 2026 |
| December 1, 2025 | $135.01 billion | March 28, 2025 |
Other advisers in Dallas
| Adviser | City | AUM | Private funds | Source |
|---|---|---|---|---|
| Sixth Street Advisers, LLC | Dallas | $101.61 billion | 160 | adviserinfo.sec.gov |
| Alm First Financial Advisors LLC | Dallas | $76.17 billion | 3 | adviserinfo.sec.gov |
| Barrow Hanley Global Investors | Dallas | $59.04 billion | 5 | adviserinfo.sec.gov |
| Hilltop Securities Asset Management, LLC | Dallas | $37.70 billion | Not listed | adviserinfo.sec.gov |
| Hudson Advisors | Dallas | $36.39 billion | 55 | adviserinfo.sec.gov |
Also on SpecStream
- Investment advisers in Dallas, TX
- Investment advisers in Texas
- Advisers with Over $100 billion in AUM
- Advisers serving pooled investment vehicles
- Advisers serving pension and profit sharing plans
- Advisers that manage private funds
- NB Alternatives Advisers LLC on the SEC's adviser search
Public data published by the US Securities and Exchange Commission (US government work). Advisers report these values themselves in Form ADV, and neither the SEC nor the states approve or guarantee them. AUM is regulatory assets under management as the adviser reported it in Form ADV item 5.F, which can differ from the AUM a firm quotes elsewhere. Exempt reporting advisers do not report AUM. Office address, phone and website are the adviser's main office as filed; a firm that files its main office as a private residence shows no street address or phone. An Item 11 disclosure is a reported event, not a finding about the firm today. Details for each firm are on the SEC's Investment Adviser Public Disclosure site. This page uses SEC data and is not endorsed or certified by the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.