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| Advantage Advisers Management LLC
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|---|---|
| CRD # | 108180 |
| SEC # | 801-55640 |
| CIK # | |
| AUM | 468.8 M (2026-05-01) |
| Employees | 18 (22% Investors, 0% Brokers) |
| Fees | |
| Minimum | |
| Phone | 212-667-4225 |
| Address | 85 Broad Street New York, NY 10004 |
| Source | [IAPD] |
| Total AUM ($M) |
|---|
| Fees and Compensation — Form ADV Part 2A (3/27/2026) [Brochure] |
|---|
ITEM 5. FEES AND COMPENSATION
A. Advisory Fees and Compensation
As compensation for the investment advisory services it provides to the Fund, AAM receives a
performance-based allocation. A percentage of assets under management, or an asset-based fee, is paid by the Fund
to Oppenheimer, an affiliate of AAM, as an administration fee. Financial Advisers affiliated with Oppenheimer
ultimately receive a portion of certain fees received from the Fund. As a result, Financial Advisers are incentivized
to sell shares of the Fund. As the investment portfolio of Global Growth is managed by investment professionals
employed by Alkeon, a portion of the performance-based compensation with respect to Global Growth is ultimately
allocated to Alkeon
The Fund maintains for each investor, a capital account that is adjusted to reflect the performance-based
allocation and payment of the administration fee and additional fund expenses during the term of the Fund.
B. Payment of Fees
Global Growth
Fees When Paid Amount
Performance-Based Allocation (a Allocated as of the end of each 20% of the excess of the net
portion allocated to AAM is fiscal year appreciation in an investor's
ultimately allocated to Alkeon) investments in the Fund; if
investor's account terminated
before 1 year, this fee is not paid,
rather the account may be
charged a 3% (annually) asset-
based fee for the value of the
account, prorated through the
date of termination
Administration Fee (paid to Monthly due and payable in Effective July 1, 2011 1.75%
Oppenheimer which remits a advance on first day of each
specific portion to Alkeon) month
C. Additional Fees and Expenses
Global Growth bears all operating expenses associated with its operation , including all taxes, investment
expenses (e.g., expenses that AAM reasonably determines to be related to the investment of Global Growth's assets,
such as brokerage commissions, expenses relating to short sales, clearing and settlement charges, custodial fees,
bank services fees, interest expenses, travel expenses related to investments made by Global Growth and
professional fees (including, without limitation, consultants and experts) relating to investments, ongoing offering,
administrative, legal, marketing, internal and external accounting, audit, tax preparation and escrow expenses,
investment advisory insurance premiums, organizational expenses, expenses incurred in connection with the
offering and sale of limited liability company interests and other expenses incurred by Alkeon or any member
thereof in connection with Global Growth’s activities. In the event that any services, including, without limitation,
legal, internal and external accounting, audit and tax preparation services, are performed or paid for Global Growth
by OAM or its affiliates, Global Growth will reimburse AAM or its affiliates.
AAM’s brokerage practices are further described in Item 12. “Brokerage Practices”. |
| Account Minimums and Types of Clients — Form ADV Part 2A (3/27/2026) [Brochure] |
|---|
ITEM 7. TYPES OF CLIENTS
AAM's client base is made up of pooled investment vehicles.
The minimum subscription amount in Global Growth is $5,000,000 and that minimum may be waived,
reduced or increased by OAM in its sole and absolute discretion. |
| Type | Form D Funds | Date | Sold | AUM |
|---|---|---|---|---|
| Other | Advantage Advisers Tax Exempt High Income Fund II LLC | 2015-03-23 | 5.4 M | |
| Other | Advantage Advisers Tax Exempt High Income Fund I LLC | 2015-03-23 | 21.7 M | |
| HF | Advantage Advisers Global Growth LLC | 2012-03-19 | 468.8 M |
| AUM Breakdown | Accounts | AUM ($M) |
|---|---|---|
| By Client Type | ||
| (a) Individuals (other than high net worth individuals) | 0 | 0.0 |
| (b) Individuals (high net worth individuals) | 0 | 0.0 |
| (c) Banking or thrift institutions | 0 | 0.0 |
| (d) Investment companies | 0 | 0.0 |
| (e) Business development companies | 0 | 0.0 |
| (f) Pooled investment vehicles | 1 | 468.8 |
| (g) Pension and profit sharing plans | 0 | 0.0 |
| (h) Charitable organizations | 0 | 0.0 |
| (i) State or municipal government entities | 0 | 0.0 |
| (j) Other investment advisers | 0 | 0.0 |
| (k) Insurance companies | 0 | 0.0 |
| (l) Sovereign wealth funds and foreign official institutions | 0 | 0.0 |
| (m) Corporations or other businesses not listed above | 0 | 0.0 |
| (n) Other | 0 | 0.0 |
| Total | 1 | 468.8 |
| By Discretionary | ||
| Discretionary | 1 | 468.8 |
| Non-Discretionary | 0 | 0.0 |
| Total | 1 | 468.8 |
| By Non-United States Persons | ||
| Non-United States Persons | 468.8 | |
| United States Persons | 0.0 | |
| Total | 1 | 468.8 |
| Firm Profile (Form ADV) | |
|---|---|
| Discretionary AUM | $1.3B |
| Serves | Institutional |
| Fund Types | Hedge Fund |
| Related Firms | State | AUM |
|---|---|---|
|
Advantage Advisers Multi-Manager LLC
✚
|
NY | 4,912.6 M |
|
Oppenheimer Investment Management LLC
✚
|
NY | 929.4 M |
|
Advantage Advisers Management LLC
✚
|
NY | 468.8 M |
| Comparable Firms | State | AUM |
|---|---|---|
|
Ping Capital Management Inc
✚
|
NY | 482.2 M |
|
Nine Ten Capital Management LLC
✚
|
IL | 480.6 M |
|
Proem Advisors LLC
✚
|
TX | 474.1 M |
|
Cabana LLC
✚
|
AR | 471.8 M |
|
Praetorian PR LLC
✚
|
PR | 471.3 M |
|
Clear Sky Carbon Solutions Investment Management LLC
✚
|
TX | 466.6 M |
|
Alta Fundamental Advisers LLC
✚
|
NY | 465.8 M |
|
Scoggin Management LP
✚
|
NY | 463.9 M |
|
Greenlea Lane Capital Management LLC
✚
|
461.9 M | |
|
Worth Venture Partners LLC
✚
|
NJ | 456.1 M |