Advanced Portfolio Management, LLC

Advanced Portfolio Management provides investment management primarily through private pooled investment vehicles and separately managed accounts, overseeing roughly $2.7 billion in regulatory assets under management. Its investor base has historically included banks, pension and profit‑sharing plans, insurance companies, endowments and charitable organizations, and the Adviser reports that the vast majority of its assets are managed on a non‑discretionary basis.

The firm uses a multi‑manager, multi‑strategy discipline that combines quantitative analysis with qualitative judgment to allocate to underlying managers and make direct investments, and it applies overlay tactics and regular risk‑and‑return attribution to manage exposures. Its strategies may employ derivatives, leverage, options and concentrated positions, and the Adviser conducts ongoing due diligence and periodic selection of other advisers when allocating to sub‑managers.

Compared with many peers, APM is notable for the scale of non‑discretionary mandates alongside a client mix that includes insurance companies and charitable organizations, and for explicitly serving as a selector of other investment managers. For its pooled vehicles the firm relies on audited financials to meet custody requirements, and it has elected not to exercise proxy‑voting authority for client securities.