Founded in 2002, Allen Investment Management, LLC (“AIM” or the “Firm”) is a New
York limited liability company that also conducts business as Allen & Company Investment
Advisors (“ACIA”). It is a wholly-owned subsidiary of Allen Operations LLC, which is also
the parent company of Allen & Company LLC (“Allen & Company”), a global investment
banking firm and broker-dealer under common control with AIM.
Allen Investment Management, LLC
AIM provides customized wealth management services to high net worth individuals, family
offices, trusts, foundations and similarly situated individuals or entities on a discretionary and
non-discretionary basis (“Clients”). AIM also provides investment advisory services to the ACIA
Asset Allocation Fund LP (“ACIA Fund”), a pooled investment vehicle that is still in the process
of being wound down. AIM is also the sub-advisor to the Carnegie Hill Insurance Dedicated
Fund, a Series of the SALI Multi-Series Fund, LP (“Carnegie Hill Fund”).
Customized Wealth Management Services
Pursuant to individually-tailored advisory agreements, AIM provides discretionary and non-
discretionary investment portfolio management by AIM’s experienced investment advisory
professionals (“Customized Wealth Management Services”), including but not limited to: (a)
outsourced family office services; (b) customized portfolio management; (c) concentrated equity services;
(d) multi asset class portfolio management (develop customized asset allocation program(s) and manage
portfolio(s)
across varying asset classes); (e) long only equity management; investment manager
selection and due diligence (source and underwrite investments with third-party managed funds);
(f) opportunistic investments (source investments to take advantage of market dislocations or
idiosyncratic opportunities); (g) portfolio construction; (h) monitoring and rebalancing; (i) cash
flow modeling; and (j) fund management and liquidity management. Clients may impose
restrictions on AIM’s ability to invest in certain securities based on their objectives.
Funds Advised by AIM
AIM is the investment adviser to the ACIA Fund that is being wound down. The ACIA Fund
used to b e diversified across broad asset classes but has only one private security left in it. As
of January 31, 2024, approximately 98% of ACIA Fund assets have been distributed to limited
partners. In addition to cash to pay estimated expenses, the ACIA Fund has only one private
security left in it that will run off in approximately five years. The ACIA Fund will not make
any new investments or solicit new investors. AIM also serves as the investment sub-advisor to
the Carnegie Hill Fund. AIM managed/manages the assets of each fund in accordance with the
terms of their governing documents.
As of December 31, 2023, AIM had $13,796,387,101 in regulatory assets under management
with approximately $11,305,498,798 managed on a discretionary basis and approximately
$2,490,888,303 managed on a non-discretionary basis.
P a g e 5 | 23