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Adviser Profile

As of Date 03/28/2024
Adviser Type - Large advisory firm
Number of Employees 21
of those in investment advisory functions 6 20.00%
Registration SEC, Approved, 12/20/2007

Client Types

- Pooled investment vehicles

Advisory Activities

Compensation Arrangments

- A percentage of assets under your management

Recent News

Reported AUM

Discretionary
Non-discretionary
740M 634M 529M 423M 317M 211M 106M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeOther Private Fund Count2 GAV$871,000,000

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Brochure Summary

Overview

Crystal was formed in 2007. Crystal’s principal owners are The Brod Family 2012 Trust, Nicobro Holdings, Inc., and Strauss Family 2012 Trust. Crystal provides nondiscretionary fund management services to certain privately placed limited liability companies and offshore investment funds (collectively, the “Funds”). Crystal also provides nondiscretionary fund management services to certain other privately placed limited liability companies and offshore investment funds (collectively, the “Master Funds”). The Master Funds operate as “master” funds in a master-feeder fund structure into which the relevant Funds will invest. The Funds and Master Funds provide registered investment advisers (“Portfolio Advisors”) and their clients with the ability to create customized segregated portfolios of exposures to hedge funds and private equity funds portfolios (collectively, the “Portfolios”). Crystal, as Fund Manager on behalf of the Funds, (i) performs operational due diligence on certain Other
Funds and Managers (as defined below) and (ii) makes available consolidated reporting and web-based analytical tools to Portfolio Advisors and/or investors. However, Portfolio Advisors (on behalf of their clients), or investors of self-directed Portfolios make determinations as to the suitability or appropriateness of Other Funds and Managers for any particular Portfolio. Portfolio Advisors and investors of self-directed Portfolios also shall perform any additional due diligence they deem necessary or appropriate. A Portfolio Advisor selected by their client provides exclusive advisory services and has full investment discretion with respect to such client’s Portfolio, while an investor into a self-directed Portfolio assumes full discretionary investment authority with respect to such Portfolio. Crystal does not assume or accept discretionary authority over any Portfolios. As of December 31, 2023, Crystal managed approximately US $871,000,000 in non-discretionary assets.