AIR ASSET MANAGEMENT
ALTERNATIVE INVESTMENT RESOURCE, LLC Legal Name
Adviser information for AIR ASSET MANAGEMENT last updated from Form ADV on March 29th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 14 |
|---|---|
| Investment Advisory/Research | 5 |
| Registered Broker-Dealer Representatives | 2 |
| Registered State Investment Advisers | 2 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 16 | $684.8M |
| Non-Discretionary | 1 | $53.2M |
| Total | 17 | $738.0M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 16 | $684.8M |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | <5 | $53.2M |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 1 |
| No. of Non-U.S. Clients | 6 |
Services
| Advisory Services | Portfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMFixed feesPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-110958 |
|---|---|
| SEC ERA File Number | 801-110958 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 288165 |
| Legal Entity Identifier | None |
Principal Office
333 S. WABASHSUITE 2714
CHICAGO
IL
United States
Monday - Friday, 9:00AM TO 5:00PM
Tel: 773-230-2759, Fax: None
Chief Compliance Officer
AMY BOYET BESSE
CHIEF COMPLIANCE OFFICER
333 S. WABASH
SUITE 2714
CHICAGO
IL
United States
Tel:
314-974-1909
Fax:
312-276-4907
A*****@*********************M
(Full email address available in API data)
Regulatory Contact
RICHARD BELEUTZ
CHIEF EXECUTIVE OFFICER
333 S. WABASH
SUITE 2714
CHICAGO
IL
United States
Tel:
773-230-2759
R*******@*********************M
(Full email address available in API data)
Industry Affiliates
| AIR ANNUITY AND LIFE SETTLEMENT MANAGEMENT GP, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| AIR FINANCE SOLUTIONS, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| AIR LEGAL FINANCE FUND MANAGEMENT, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| AIR LIFE FUND MANAGEMENT QP, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| AIR LIFE FUND MANAGEMENT, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| AIR LIFE OPPORTUNITY FUND MANAGEMENT, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| AIR LIFE SMA MANAGEMENT, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| AIR PRIVATE CREDIT FUND MANAGEMENT, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| AIR U.S. LIFE FUND I GP, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| AIR U.S. LIFE FUND III GP, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| AIR U.S. LIFE FUND V GP, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| AIR US LIFE FUND II GC MANAGEMENT, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| AIR US LIFE FUND II QP GC MANAGEMENT LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| AIR US LIFE FUND IV GP, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| POLICY PORTFOLIO MANAGEMENT II, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| POLICY PORTFOLIO MANAGEMENT, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| AIR ANNUITY AND LIFE SETTLEMENT FUND, LP | Hedge Fund | $74.5M | $0.3M | 15 |
| AIR FINANCE SOLUTIONS FUND, LP | Hedge Fund | $1.8M | $0.3M | 5 |
| AIR LEGAL FINANCE FUND OFFSHORE, LP | Hedge Fund | $0.0M | $0.0M | 0 |
| AIR LEGAL FINANCE FUND, LP | Hedge Fund | $38.5M | $0.3M | 32 |
| AIR LIFE OPPORTUNITY FUND, LP | Hedge Fund | $75.0M | $0.3M | 10 |
| AIR LIFE SMA, LP | Hedge Fund | $100.6M | $0.3M | 6 |
| AIR POLICY PORTFOLIO I, LP | Hedge Fund | $199.7M | $2.0M | 8 |
| AIR POLICY PORTFOLIO II, LP | Hedge Fund | $208.8M | $0.3M | 5 |
| AIR PRIVATE CREDIT FUND, LP | Hedge Fund | $61.5M | $0.3M | 5 |
| AIR U.S. LIFE FUND I, LP | FUND OF FUND | $11.7M | $0.3M | 35 |
| AIR U.S. LIFE FUND II OFFSHORE, LP | Hedge Fund | $4.7M | $0.0M | 18 |
| AIR U.S. LIFE FUND II QP, LP | Hedge Fund | $358.3M | $0.3M | 560 |
| AIR U.S. LIFE FUND III, LP | FUND OF FUND | $32.7M | $0.3M | 70 |
| AIR U.S. LIFE FUND IV, LP | FUND OF FUND | $38.2M | $0.3M | 58 |
| AIR U.S. LIFE FUND V, LP | FUND OF FUND | $1.8M | $0.3M | 6 |
| AIR U.S.LIFE FUND II, LP | Hedge Fund | $49.4M | $0.3M | 77 |
| AIR US LIFE FUND II QP OFFSHORE, LP | Hedge Fund | $49.5M | $0.3M | 126 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| LUONGO, STEPHEN, JOHN | Individual | – | CHIEF INVESTMENT OFFICER | 04/2017 | < 5% |
| BOYET BESSE, AMY | Individual | – | CHIEF COMPLIANCE OFFICER | 02/2018 | < 5% |
| ADMODEM HOLDINGS, LLC | Domestic Entity | – | MEMBER/ MANAGER | 01/2018 | 25-50% |
| SCHAEFER, MATTHEW, TAYLOR | Individual | – | CHIEF FINANCIAL OFFICER/CHIEF OPERATING OFFICER | 09/2019 | < 5% |
| BELEUTZ, RICHARD, NESTOR | Individual | – | CEO/MANAGING MEMBER | 09/2022 | < 5% |
| RICHARD BELEUTZ, LTD. | Domestic Entity | – | OWNER | 09/2022 | 50-75% |
| BELEUTZ, RICHARD, NESTOR | Individual | RICHARD BELEUTZ, LTD. | OWNER/PRESIDENT | 01/2018 | > 75% |
| SCHMIDT CAPITAL INC. | Domestic Entity | ADMODEM HOLDINGS, LLC | OWNER | 01/2018 | 50-75% |
| SCHMIDT, STEVEN, WILLIAM | Individual | SCHMIDT CAPITAL INC. | OWNER/PRESIDENT | 01/2018 | > 75% |
| RICHARD BELEUTZ, LTD. | Domestic Entity | ADMODEM HOLDINGS, LLC | OWNER/MANAGER | 01/2018 | 50-75% |