Alternative Investment Management

What Alternative Investment Management does

Alternative Investment Management (AIM13) is a privately-held, owner-operated investment management firm headquartered at 757 Third Avenue, 12th Floor, New York. The firm's roots trace to 1999, when two families partnered to invest primarily in private equity and hedge fund strategies; it has been registered with the Securities and Exchange Commission as an Investment Adviser since 2012. AIM13 manages approximately $1.4–1.7 billion in assets for over 450 partners across high-net-worth individuals, family offices, foundations, endowments, corporate and public pension plans, and non-US institutional investors. The firm invests more than 20% of AUM from internal and affiliated capital alongside partners, positioning alignment of interest as a core differentiator.

The firm's core offering is a unified investment management platform providing selective, integrated exposure across private equity (buyout, growth, distressed), hedge funds, long-only equity, credit, real estate, and flexible mandates, with investments spanning the United States, Europe, the Middle East, and Asia. Complementing this platform is AIM13 Direct Investments, a direct equity program concentrated in dual-use technology companies (defense, cybersecurity, AI, biotech, space) where the firm supplements capital with strategic introductions, management support, and customer connectivity. The firm operates a dedicated Operational Due Diligence function and draws on a CIO Advisory Council of senior endowment investment officers and strategic advisors that include a retired U.S. Army Four-Star General/former Delta Force Commander and former senior CIA officers.

AIM13 generates revenue through management fees and performance/incentive fees on assets under management. Distribution is entirely direct and relationship-driven, with no third-party intermediaries; supporting channels include quarterly investor commentary letters, podcast appearances (Capital Allocators), an annual partners meeting, and maintained LinkedIn and Twitter/X presences. Leadership includes CEO Jonathan Harris (Chair of the Investment Committee and Board of Managers), CFO Seth Rosenblatt, and partners Diana Cantor, Susan Mays, Peter Brown (also Chief Compliance Officer), and Phil Villhauer, with backgrounds spanning Goldman Sachs, Madison Dearborn Partners, and Meridian Capital Partners.

Name

Alternative Investment Management

Legal name

Alternative Investment Management, LLC

Website

https://aim13.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

AIM13 is a privately-held, New York-based alternative investment management firm managing approximately $1.4–1.7 billion for 450+ high-net-worth individuals, family offices, foundations, endowments, pensions, and direct investment portfolios across private equity, hedge funds, credit, real estate, and dual-use technology.

Ownership category

akta.pro rank

Product category

Alternative Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI)

akta.pro secondary industry

Insurance-Dedicated Multi-Manager Platforms (e.g., ILS / Cat Bond FoF) (FSAHAKAK)

Keywords

• Alternative investment management
• Private equity funds
• Hedge fund solutions
• Institutional asset management
• Multi-strategy investing

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Management Fees: AIM13 generates revenue through management fees charged on assets under management across its private equity and hedge fund investments. As a registered investment adviser, the firm charges standard alternative investment management fees.
2. Performance/Incentive Fees: The firm earns performance-based incentive fees aligned with investment returns, particularly in private equity and hedge fund strategies. The firm emphasizes alignment of interest between the firm, partners, and investment professionals.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

Alternative Investment Management (AIM13) is an SEC-registered investment adviser that provides selective, integrated exposure to alternative investment strategies including private equity (buyout, growth, distressed), hedge funds, long only equity, credit, real estate, and flexible mandates. The firm invests its own capital alongside partners and offers a direct investments program targeting technology companies with strategic relationship characteristics.

Product overview

Alternative Investment Management (AIM13) operates as a single, unified investment management platform rather than a modular product suite. The firm's core offering centers on its investment management platform, which provides selective, integrated exposure across private equity, hedge funds, long only equity, credit, and real estate strategies. Complementing the platform is the AIM13 Direct Investments capability, which enables direct equity participation in technology companies where the firm can leverage strategic relationships, differentiated network insight, and customer connectivity to provide 'more than just capital' support. Both offerings are unified by the firm's approach of investing internal capital alongside partners to ensure alignment of interests.

Differentiator

Problem solved

Functional benefit

Products and services

• Alternative Investment Management Platform Core investment management platform providing selective, integrated exposure to multiple alternative investment strategies including private equity (buyout, growth, distressed), hedge funds, long only equity, credit, real estate, and flexible mandates. The platform serves high-net-worth individuals, family offices, foundations, endowments, corporate and public pension plans, and other tax-exempt investors, with the firm investing its own capital alongside partners.
• AIM13 Direct Investments Direct investment capability enabling AIM13 to invest directly in portfolio companies, particularly in technology sectors with dual-use applications (government and commercial). The program goes beyond providing capital by offering technical expertise, customer introductions, and management support to portfolio companies, leveraging strategic network relationships.

Named customers5 records

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core and key.

• Michael CondoncoreStrategic or Co-development PartnerSenior Vice President of Institutional Investments at Fund Evaluation Group, LLC and former CIO of Southern Methodist University. Serves on AIM13's CIO Advisory Council as a forum for exchange of ideas and insights.
• Jason KleincoreStrategic or Co-development PartnerSenior Vice President and CIO of Memorial Sloan Kettering Cancer Center, overseeing $5+ billion in investment assets. Member of AIM13's CIO Advisory Council providing strategic investment insights.
• Lawrence KochardcoreStrategic or Co-development PartnerCIO at Makena Capital Management and former CEO/CIO of UVIMCO. Winner of the Rodney H. Adams award for endowment management. Serves on AIM13's CIO Advisory Council.
• Erik LundbergcoreStrategic or Co-development PartnerCIO of University of Michigan, responsible for $13 billion+ investment programs (9th largest endowment). Named top 25 CIO globally by CIO magazine. Serves on AIM13's CIO Advisory Council.
• Paula VolentcoreStrategic or Co-development PartnerCFO at The Rockefeller University (formerly CIO at Bowdoin College). CFA charterholder with extensive endowment management experience. Serves on AIM13's CIO Advisory Council.
• David L. MoorecoreStrategic or Co-development PartnerChairman & CEO of Moore Holdings, member of AIM13's Board of Managers. Experienced business executive with controlling interests in six businesses, private equity/venture capital investing, and advisory roles including board member of Spanx.
• General Scott MillerkeyStrategic or Co-development PartnerRetired Four-Star General, United States Army and former Delta Force Commander. Serves as AIM13 Strategic Advisor providing defense and national security expertise for dual-use technology investments.
• Alec BierbauerkeyStrategic or Co-development PartnerCEO of Blackrock Strategy LLC and former CIA Officer, Directorate of Operations. Serves as AIM13 Strategic Advisor providing intelligence community insights for investment evaluation.
• Robert BigmankeyStrategic or Co-development PartnerPresident of 2BSecure and former CIA Officer, Chief Information Security Officer. Serves as AIM13 Strategic Advisor providing cybersecurity expertise for technology investments.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Albourne: Albourne is a specialist alternatives advisory firm providing due diligence, research, and monitoring of hedge funds, private equity, and real asset managers for institutional investors. AIM13's manager-selection and operational due diligence focus closely mirrors Albourne's service model.
• Cambridge Associates: Cambridge Associates is a global investment advisor serving endowments, foundations, pensions, and family offices with research, manager selection, and portfolio construction across alternatives. It is the closest scaled analog to AIM13's multi-strategy alternatives advisory model, although significantly larger in AUM and headcount.
• NEPC: NEPC is an independent investment consulting firm advising public pensions, endowments, foundations, and healthcare organizations on asset allocation, manager selection, and alternatives. It overlaps with AIM13's institutional client base and alternatives advisory offering.
• Aksia: Aksia is an alternatives-focused investment advisor and research firm serving pensions, endowments, foundations, and family offices with manager research and portfolio advisory. It is a direct competitor in the alternatives due diligence and advisory niche AIM13 occupies.
• Fund Evaluation Group (FEG): FEG is an institutional investment advisor providing manager research, portfolio consulting, and OCIO services, including a dedicated alternatives practice. AIM13's CIO Advisory Council already includes FEG's Senior VP of Institutional Investments, indicating direct overlap in client segments and offerings.

Broad incumbents

• Mercer Investments: Mercer is a global consulting firm offering institutional investment advisory, OCIO, and alternatives manager research. It competes with AIM13 for the same pension, endowment, and foundation clients but as part of a much broader professional services franchise.
• StepStone Group: StepStone Group is a large-scale alternatives investment platform providing fund investing, co-investment, and direct investment capabilities across PE, real estate, infrastructure, and credit. It is a larger, more institutionalized version of AIM13's multi-manager alternatives platform with publicly traded scale.
• Aon Wealth Solutions: Aon provides institutional investment advisory, manager research, and alternatives consulting through its wealth and investment practice. It is a broad incumbent overlapping with AIM13 on endowment, foundation, and pension advisory work but with a much larger global footprint and broader service line.

Emerging players

• CAIS: CAIS is an alternatives platform that connects financial advisors and HNW investors with private equity, private credit, hedge fund, and structured product investments. It is comparable to AIM13 as an alternative-access platform, with a heavier technology and intermediary distribution focus.
• iCapital Network: iCapital is a financial technology platform that provides wealth managers and HNW investors access to private market funds and alternative investments, with strong co-investment and feeder fund capabilities. It is a more tech-enabled, scaled version of AIM13's co-investment access model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/aim13llc
• LinkedInlinkedin.com/company/alternative-investment-management-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alternative Investment Management