Hellman & Friedman LLC
Registered investment adviser · San Francisco, CA · CRD #158614
Form ADV data as of 2026-09-01Regulatory assets
$110.42 billion
Total accounts
45
Employees
120
Disclosure events
0
Firm details
- Website: https://www.linkedin.com/company/hellman-&-friedman
- Telephone: (415) 788-5111
- SEC file number: 801-73341
- Most recent Form ADV filing: 2026-03-25
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm answered No to every Item 11 disciplinary question on its most recent Form ADV filing.
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $103.39 billion |
| Non-discretionary regulatory assets under management | $7.03 billion |
| Total regulatory assets under management | $110.42 billion |
| Discretionary accounts | 35 |
| Non-discretionary accounts | 10 |
| Total accounts | 45 |
| Regulatory assets under management attributable to non-U.S. persons | $99.77 billion |
People
| Total employees (excluding clerical) | 120 |
| Employees performing investment advisory functions (including research) | 60 |
| Employees who are registered representatives of a broker-dealer | 0 |
| Employees registered as investment adviser representatives with a state | 0 |
| Employees registered as IARs for another investment adviser | 0 |
| Employees who are licensed insurance agents | 0 |
| Firms or persons who solicit advisory clients on the firm's behalf | 0 |
Custody
| Has custody of client cash or bank accounts | Yes |
| Has custody of client securities | Yes |
| Client funds and securities held in the firm's custody | $0 |
| Clients for whom the firm has custody | 0 |
| A related person has custody of client cash or bank accounts | Yes |
| A related person has custody of client securities | Yes |
| Client funds and securities held in a related person's custody | $83.65 billion |
| Clients for whom a related person has custody | 45 |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | No |
| Number of persons acting as qualified custodians for the firm's clients | 5 |
How the firm is compensated
Advisory services offered
Other business activities
Affiliated related persons
Reported conflicts of interest
Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:
- Buys or sells for itself securities it also recommends to clients
- Recommends securities in which it has another proprietary interest
- Recommends securities for which it serves as underwriter or general partner
- Recommends securities in which it has another sales interest
Client types
| Type of client | Clients | Assets |
|---|---|---|
| Pooled investment vehicles (other than investment companies and BDCs) | 45 | $110.42 billion |