Portfolio Advisors, LLC ("PA") is an independent, employee-owned firm that provides tailored private equity, private real estate and private credit investment solutions through separately managed accounts, commingled fund-of-funds programs and direct funds. We invest on behalf of our clients and funds through primary partnerships, secondary purchases, co-investments and direct mezzanine investments. More than 2,000 limited partners have invested in various Portfolio Advisors sponsored funds. Portfolio Advisors has been an Investment Advisor registered with the U.S. Securities and Exchange Commission since 1994, and is also a Qualified Professional Asset Manager in the U.S. With offices in the U.S., Europe and Asia, Portfolio Advisors has established a global footprint in a global asset class. Portfolio Advisors currently has approximately $26.9 billion in assets under management (AUM) as of December 31, 2019. Portfolio Advisors manages private equity, private real estate and private credit funds-of-funds as well as direct funds. PA currently manages 38 funds which, in the aggregate, represent over $20 billion in investor commitments (the AUM of these funds is included in total firm AUM). Within our funds, we seek to diversify investments across a broad range of strategies and geographies.
We provide customized advisory program for our clients, as part of our core approach to private markets. Whether on a discretionary or non-discretionary mandate basis, the programs we structure and manage address each client’s strategic and tactical objectives, seeking to optimize private equity, private real estate and private credit performance while minimizing portfolio risk. Supporting our custom solutions efforts is our proprietary administration and reporting service, PRIVILEGe®, which tracks ~$29 billion invested across over 2,300 partnerships managed by more than 700 sponsors. This comprehensive web-based solution is a source of significant competitive advantage, and provides our clients with portfolio performance analytics, comprehensive reporting, diversification and benchmarking analysis, and both qualitative and quantitative research on private markets investments.