STERLING FUND MANAGEMENT, LLC
Adviser information for STERLING FUND MANAGEMENT, LLC 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 | 43 |
|---|---|
| Investment Advisory/Research | 24 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| 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 | 15 | $822.9M |
| Non-Discretionary | 5 | $268.4M |
| Total | 20 | $1.1B |
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 | 20 | $1.1B |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| 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 | 0 |
| No. of Non-U.S. Clients | 13 |
Services
| Advisory Services | Portfolio management for pooled investment vehiclesINVESTMENT MANAGEMENT SERVICES FOR PRIVATE FUNDS |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Principal Office
167 N. GREEN STREET4TH FLOOR
CHICAGO
IL
United States
Monday - Friday, 8:30 A.M. - 5:00 P.M.
Tel: 312-465-7000, Fax: 312-465-7001
Chief Compliance Officer
M. AVI EPSTEIN
GENERAL COUNSEL
167 N. GREEN STREET
4TH FLOOR
CHICAGO
IL
United States
Tel:
(312) 465-7064
Fax:
(312) 465-7001
A*******@*******************M
(Full email address available in API data)
Regulatory Contact
ELYSSA FISHER
SENIOR COMPLIANCE OFFICER
167 N. GREEN STREET
4TH FLOOR
CHICAGO
IL
United States
Tel:
(312) 465-7043
Fax:
(312) 465-7001
E******@*******************M
(Full email address available in API data)
Industry Affiliates
| SC PARTNERS 2009, L.P. | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| SC PARTNERS HOLDINGS, L.P. | Sponsor, GP, manager of pooled investment vehicles |
| SC PARTNERS II, L.P. | Sponsor, GP, manager of pooled investment vehicles |
| SC PARTNERS III AIV ONE GP CORPORATION | Sponsor, GP, manager of pooled investment vehicles |
| SC PARTNERS III, L.P. | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| SC PARTNERS IV, L.P. | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| SC PARTNERS SECONDARY, LP | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| SED PARTNERS, L.P. | Sponsor, GP, manager of pooled investment vehicles |
| SP AIV GP CORPORATION | Sponsor, GP, manager of pooled investment vehicles |
| SP-L MANAGEMENT I, LLC | Sponsor, GP, manager of pooled investment vehicles |
| SP-L MANAGEMENT II, LLC | Sponsor, GP, manager of pooled investment vehicles |
| SP-L MANAGEMENT III, LLC | Sponsor, GP, manager of pooled investment vehicles |
| SP-L MANAGEMENT IV, LLC | Sponsor, GP, manager of pooled investment vehicles |
| SP-L MANAGEMENT V, LLC | Sponsor, GP, manager of pooled investment vehicles |
| SP-L MANAGEMENT, LLC | Sponsor, GP, manager of pooled investment vehicles |
| STERLING NEW INVESTOR HOLDINGS LLC | Sponsor, GP, manager of pooled investment vehicles |
| STERLING PARTNERS QUANTITATIVE INVESTMENTS LLC | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| STERLING VENTURE PARTNERS, LLC | Sponsor, GP, manager of pooled investment vehicles |
| SV PARTNERS II CONTINUATION GP LLC | Sponsor, GP, manager of pooled investment vehicles |
| SV PARTNERS II CONTINUATION GP, LP | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| AVATHON IMAGINE CO-INVEST LLC | Private Equity Fund | $15.0M | $1.0M | 2 |
| ILM INVESTMENTS LIMITED PARTNERSHIP | Private Equity Fund | $32.8M | $0.5M | 4 |
| LAUREATE CO-INVESTORS I LIMITED PARTNERSHIP | Private Equity Fund | $147.6M | $10.5M | 1 |
| LAUREATE CO-INVESTORS II LIMITED PARTNERSHIP | Private Equity Fund | $74.9M | $5.0M | 1 |
| LAUREATE CO-INVESTORS IV LIMITED PARTNERSHIP | Private Equity Fund | $6.1M | $0.0M | 5 |
| LAUREATE CO-INVESTORS V LIMITED PARTNERSHIP | Private Equity Fund | $7.1M | $0.1M | 5 |
| SCP IV PARALLEL, L.P. | Private Equity Fund | $2.5M | $0.0M | 42 |
| SECONDARY OPPORTUNITY BOOK, LLC | Private Equity Fund | $0.3M | $0.0M | 15 |
| STERLING CAPITAL PARTNERS GMBH & CO., KG | Private Equity Fund | $0.0M | $0.5M | 4 |
| STERLING CAPITAL PARTNERS II, L.P. | Private Equity Fund | $8.6M | $0.0M | 107 |
| STERLING CAPITAL PARTNERS III, L.P. | Private Equity Fund | $5.8M | $0.1M | 105 |
| STERLING CAPITAL PARTNERS IV, L.P. | Private Equity Fund | $139.0M | $0.2M | 86 |
| STERLING CAPITAL PARTNERS, L.P. | Private Equity Fund | $2.4M | $0.1M | 71 |
| STERLING LECTURIO FEEDER LLC | Private Equity Fund | $13.3M | $0.0M | 19 |
| STERLING LECTURIO FUND, LLC | Private Equity Fund | $33.8M | $1.5M | 23 |
| STERLING PARTNERS - SMALL MARKET GROWTH 2009, L.P. | Private Equity Fund | $38.4M | $0.1M | 22 |
| STERLING PARTNERS - SMALL MARKET GROWTH SECONDARY, L.P. | Private Equity Fund | $72.3M | $8.7M | 2 |
| STERLING SMALL MARKET EDUCATION FUND, L.P. | Private Equity Fund | $503.7M | $2.0M | 2 |
| STERLING SVP EXECUTIVE FUND, L.P. | Private Equity Fund | $0.1M | $0.1M | 50 |
| STERLING VELO INVESTMENT HOLDINGS, LLC | Private Equity Fund | $0.1M | $0.0M | 28 |
| STERLING VENTURE PARTNERS, L.P. | Private Equity Fund | $0.3M | $0.1M | 83 |
| SVP II CONTINUATION FUND LP | Private Equity Fund | $1.0M | $0.1M | 15 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| TASLITZ, STEVEN, MICHAEL | Individual | – | MANAGER AND SENIOR MANAGING DIRECTOR OF STERLING FUND MANAGEMENT, LLC AND MANAGER OF STERLING FUND MANAGEMENT HOLDINGS GP, LLC | 05/2000 | < 5% |
| HOEHNSARIC, RUDOLF, CHRISTOPHER | Individual | – | MANAGER AND SENIOR MANAGING DIRECTOR OF STERLING FUND MANAGEMENT, LLC AND MANAGER OF STERLING FUND MANAGEMENT HOLDINGS GP, LLC | 05/2000 | < 5% |
| EPSTEIN, MAURY, AVRAM | Individual | – | MANAGING DIRECTOR OF STERLING FUND MANAGEMENT, LLC AND CHIEF OPERATING OFFICER, CHIEF COMPLIANCE OFFICER AND GENERAL COUNSEL | 04/2008 | < 5% |
| BECKER, DOUGLAS, LEE | Individual | – | MANAGER AND SENIOR MANAGING DIRECTOR OF STERLING FUND MANAGEMENT, LLC AND MANAGER OF STERLING FUND MANAGEMENT HOLDINGS GP, LLC | 05/2000 | < 5% |
| ELBURN, JEFFREY, WILLIAM | Individual | – | MANAGING DIRECTOR OF STERLING FUND MANAGEMENT, LLC AND CHIEF FINANCIAL OFFICER | 02/2013 | < 5% |
| STERLING FUND MANAGEMENT HOLDINGS, L.P. | Domestic Entity | – | MEMBER | 01/2014 | > 75% |
| STERLING FUND MANAGEMENT HOLDINGS GP, LLC | Domestic Entity | STERLING FUND MANAGEMENT HOLDINGS, L.P. | GENERAL PARTNER OF THE SOLE MEMBER OF STERLING FUND MANAGEMENT, LLC | 01/2014 | |
| TASLITZ, STEVEN, MICHAEL | Individual | STERLING FUND MANAGEMENT HOLDINGS GP, LLC | MEMBER | 01/2014 | 25-50% |
| HOEHN-SARIC, RUDOLF, CHRISTOPHER | Individual | STERLING FUND MANAGEMENT HOLDINGS GP, LLC | MEMBER | 01/2014 | 25-50% |
| BECKER, DOUGLAS, LEE | Individual | STERLING FUND MANAGEMENT HOLDINGS GP, LLC | MEMBER | 01/2014 | 25-50% |
| SFM INTERCO LLC | Domestic Entity | – | MEMBER | 08/2023 | > 75% |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed November 14th, 2017 for period ending September 30th, 2017
| Name | Class | Value $USD | # Shares | Private Fund |
|---|---|---|---|---|
| Adeptus Health Inc | CLA | 0 | 0 | – |