SEC-Registered Investment Adviser
Morgan Stanley Aip Gp LP
Registration facts are from the firm's Form ADV Part 1A as published by the SEC, latest filing dated August 7, 2026. Figures are firm-level: they describe the advisory firm, not any single offering.
Registration
- Status
- Approved
- Registered since
- December 17, 2001
- Principal office
- 100 Front Street, Suite 400, West Conshohocken, PA 19428
- Organized as
- Limited Partnership, DE
- Fiscal year end
- December
- Other offices
- 6
Scale
- Regulatory AUM
- $40.9B
- Discretionary / non-discretionary
- $40.1B / $752.1M
- Attributable to non-US clients
- $14.9B
- Accounts
- 199
- Clients
- 0
- Employees
- 200, 169 in advisory roles
- Private funds advised
- 107
- Private fund gross assets
- $28.1B
- Fund types
- 4 private equity funds, 103 other private funds
- Funds with Form D records
- 73 issuers in AltStreet's ledger, $25.2B reported sold across them
- Client assets in custody
- $31.0B (119 clients)
Business, clients and compensation, as filed
- Advisory activities
- portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients and selection of other advisers
- Compensated by
- a percentage of assets under management, fixed fees and performance-based fees
- Client types
- high net worth individuals (16); investment companies (4); pooled investment vehicles (124); pension and profit sharing plans (4); charitable organizations (8); other investment advisers (2); insurance companies (1); sovereign wealth funds and foreign official institutions (3); corporations or other businesses (36); other (1)
- Also engaged as
- commodity pool operator or commodity trading advisor
- Related persons include
- a broker-dealer, another investment adviser, a registered municipal advisor, a commodity pool operator or commodity trading advisor, a futures commission merchant, a banking or thrift institution, a trust company and a sponsor, general partner or managing member of pooled investment vehicles
- Affiliates
- 4 broker-dealers, 39 investment advisers
Form ADV Item 11 disclosures
The firm answered yes to the following Item 11 questions. The answers cover the firm and its advisory affiliates; the Disclosure Reporting Pages on IAPD identify the subject and the outcome.
- SEC or CFTC finding of a false statement or omission (Item 11C(1))
- SEC or CFTC finding of a violation of regulations or statutes (Item 11C(2))
- SEC or CFTC order against the firm or an affiliate (Item 11C(4))
- SEC or CFTC civil money penalty or cease-and-desist (Item 11C(5))
- other regulator finding of a false statement or omission (Item 11D(1), 2 reported)
- other regulator finding of a violation (Item 11D(2), 5 reported)
- other regulator order, denial, suspension or revocation (Item 11D(4), 2 reported)
Form D activity of the funds this firm advises, by year
73 issuers in AltStreet's EDGAR ledger are joined to this adviser through Form ADV Schedule D, with Form D filings from January 9, 2012 to August 24, 2026. 10 offerings are still raising on the latest filing. Reported sold across them: $25.2B.Years are the year of each offering's first notice; sold and investors are the latest figures on each chain. Counts and totals only; the fund roster is in the terminal.
| First notice | Offerings | Reported sold | Investors |
|---|---|---|---|
| 2025 | 2 | $129.3M | 40 |
| 2024 | 5 | $546.1M | 6 |
| 2023 | 9 | $2.2B | 1,687 |
| 2022 | 8 | $1.8B | 127 |
| 2021 | 4 | $1.5B | 228 |
| 2020 | 12 | $10.2B | 2,971 |
| 2018 | 6 | $1.0B | 623 |
| 2017 | 4 | $969.3M | 367 |
| 2016 | 5 | $668.0M | 152 |
| 2015 | 6 | $1.5B | 915 |
| 2014 | 10 | $4.0B | 1,598 |
| 2012 | 2 | $557.9M | 504 |
Registered funds this firm advises, from Form N-CEN
5 fundsregistered under the Investment Company Act name this firm as investment adviser on the latest Form N-CEN. Net assets and the share of holdings at Level 3 or carried at NAV ("marks") are from the newest Form N-PORT; the flow series is on each fund's page in Terminal Pro. Fee and expense ratios are as the fund reported them on N-CEN.
| Fund | Type | Net assets | Marks | Mgmt fee | Net expenses |
|---|---|---|---|---|---|
| AIP Alternative Lending Fund Aas of June 30, 2026 | Registered fund | $1.0B | 100% | 0.0075% | 4.88% |
| North Haven Private Assets Fundas of June 30, 2026 | Registered fund | $521.6M | 87.6% | 0.84% | 1.72% |
| AIP Alternative Lending Fund Pas of June 30, 2026 | Registered fund | $381.4M | 100% | 0.0075% | 5.84% |
| Alternative Investment Partners Absolute Return Fundas of June 30, 2026 | Fund of Funds | $298.2M | 100% | 1% | 3.33% |
| Alternative Investment Partners Absolute Return Fund STSas of June 30, 2026 | Registered fund | $178.9M | 100% | 0% | 4.31% |
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Source: SEC Form ADV via IARD (roster of October 6, 2026), matched to the platform by AltStreet analysts. Item 11 answers are as reported on the firm's Form ADV and cover the firm and its advisory affiliates; consult the firm's IAPD record for the Disclosure Reporting Pages. Brochure statements are the firm's own. Nothing on this page is investment advice.