UBS
2nd
UBS Group AG
$185.12Bn
55.40
-0.54%
+39.34%
Within its Asset Management segment, UBS specifically provides alternative investment strategies to institutional and wholesale clients.
QCOM
2nd
Qualcomm
$178.36Bn
168.74
+0.10%
+7.29%
Through its QSI segment and Qualcomm Ventures, the company makes strategic investments in early-stage companies across AI, 5G, and automotive sectors, holding equity securities and convertible debt.
BLK
2nd
BlackRock
$173.88Bn
1,121.83
-0.39%
+1.18%
The company manages private markets investments and alternative strategies, earning fees from these pooled alternative investment vehicles.
BNY
2nd
Bank of New York Mellon
$111.85Bn
164.85
+0.33%
+57.48%
The firm manages alternative investment strategies and distributes alternative investment products through its Investment and Wealth Management segment.
BX
Blackstone
$102.43Bn
136.10
-1.15%
-19.89%
Blackstone is described as the world's largest alternative asset manager, managing pooled capital across private equity, infrastructure, and hedge funds. Its revenue model is based on management fees and performance revenues (carried interest) from these illiquid and non-public strategies.
KKR
Kkr
$96.71Bn
107.72
-1.87%
-20.11%
KKR is a leading global alternative asset manager that manages pooled capital across Private Equity, Real Assets, and Credit and Liquid Strategies. It generates revenue through management fees and carried interest from institutional and high-net-worth investors.
BN
Brookfield
$90.53Bn
40.28
-0.37%
-7.53%
Brookfield operates a massive asset management business managing over $1 trillion in assets, earning revenue through management fees, performance fees, and carried interest from private funds and perpetual strategies. It manages illiquid real assets, private equity, and infrastructure for institutional and high-net-worth investors.
BAM
Brookfield Asset Management
$80.84Bn
50.61
+0.64%
-13.50%
Brookfield Asset Management is a global alternative asset manager that manages pooled capital in illiquid strategies including private equity, infrastructure, real estate, and private credit. It earns revenue through base management fees and performance income such as carried interest from institutional and high-net-worth investors.
DB
2nd
Deutsche Bank Aktiengesellschaft
$78.65Bn
41.33
-0.53%
+18.73%
The Asset Management segment specifically provides alternative investments as part of its investment solution offerings.
APO
Apollo Global Management
$76.99Bn
133.67
-0.61%
+0.78%
Apollo is a global alternative asset manager that manages pooled capital across credit and equity strategies for institutional investors, sovereign wealth funds, and high-net-worth individuals. It generates revenue through management fees on assets under advisory and performance-related income (carried interest).
WPM
Wheaton Precious Metals
$70.37Bn
154.98
-1.12%
+50.86%
Wheaton operates as a streaming and royalty company, which is a form of alternative asset management where it provides upfront capital to mining companies in exchange for the right to purchase future production at a discount. This is a non-public, illiquid financing strategy that earns returns through the spread between the fixed purchase price and the market sale price of the metals.
FNV
Franco Nevada
$51.31Bn
266.13
-1.58%
+40.07%
Franco-Nevada operates as a royalty and streaming company, managing a portfolio of cash-flow producing assets and providing capital to mining operations in exchange for a share of production. This matches the profile of an alternative asset manager managing illiquid, real-asset strategies for the purpose of generating returns from commodity production.
ARES
Ares Management
$50.50Bn
140.20
-0.97%
-20.71%
Ares Management is a global alternative investment manager that manages pooled capital across private equity, private credit, and real assets for institutional and high-net-worth investors. Its revenue is primarily derived from management fees and performance-based fees such as carried interest.
IX
2nd
Orix
$44.91Bn
39.95
-3.01%
+54.07%
ORIX has a dedicated 'PE Investment and Concession' segment focused on private equity investments, carve-outs, and take-private transactions to earn gains on sales.
PRU
2nd
Prudential Financial
$42.10Bn
122.03
-0.95%
+12.12%
PGIM manages alternative investment capital, specifically providing private credit, real estate, and alternatives strategies for institutional and retail clients.
NMR
2nd
Nomura Holdings
$30.90Bn
10.65
+0.38%
+50.64%
The company manages alternative asset classes, including private equity, private debt, and real assets, for institutional and high-net-worth investors.
PFG
2nd
Principal Financial
$25.04Bn
116.68
-1.54%
+43.52%
The Principal Asset Management division manages alternative investments, including private real estate and infrastructure debt, for institutional and high net worth clients.
MKL
2nd
Markel
$22.63Bn
1,826.67
-1.03%
-6.72%
The Financial segment includes Nephila, which provides insurance-linked securities investment and insurance management services for institutional risk investors.
TPG
Tpg
$20.58Bn
52.65
-1.07%
-9.43%
TPG is a global alternative asset manager that manages pooled capital across private equity, credit, and real estate for institutional investors. It generates revenue through management fees and performance allocations (carried interest) on these illiquid, non-public strategies.
FTAI
2nd
FTAI Aviation
$20.14Bn
196.28
-1.56%
+26.18%
Through its Strategic Capital Initiative, the company manages third-party capital for investments in aviation assets, earning asset management fees from institutional investors.
OWL
Blue Owl Capital
$18.30Bn
11.74
-0.84%
-34.45%
Blue Owl Capital is a global alternative asset manager that manages pooled capital across Credit, GP Strategic Capital, and Real Assets platforms. Its revenue is derived from management fees on fee-paying assets under management and performance-based fees such as carried interest.
BEN
2nd
Franklin Resources
$17.63Bn
34.74
+3.58%
+36.08%
The company offers alternative asset management strategies as part of its core investment capabilities to institutional and high net worth investors.
LEN
2nd
Lennar
$17.60Bn
83.61
-0.89%
-37.64%
Lennar acts as a sponsor and manager of funds and joint ventures focused on multifamily and single-family rental assets, earning promoted interests and carried interest distributions.
CG
Carlyle
$16.60Bn
46.97
-1.63%
-25.89%
Carlyle is a global investment firm that manages pooled alternative investment capital across private equity, credit, and fund-of-funds strategies. It generates revenue through management fees and carried interest from institutional and high-net-worth investors.
IVZ
2nd
Invesco
$14.60Bn
33.07
+1.07%
+52.40%
The company operates a Private Markets segment that manages alternative assets, including real estate and private credit, targeting investors seeking returns beyond traditional public markets.
RNR
2nd
Renaissancere Holdings
$13.82Bn
330.47
-2.25%
+34.12%
The company earns management and performance fees through its Capital Partners unit by managing third-party capital for institutional investors in joint ventures and managed funds.
AFG
2nd
American Financial
$11.84Bn
142.75
-1.08%
+3.88%
The company operates managed investment entities that generate fee income from managing collateralized loan obligation (CLO) entities, which are pooled alternative investment vehicles.
JEF
2nd
Jefferies Financial
$11.24Bn
55.25
+1.77%
-13.43%
The Asset Management segment offers alternative investment management services to global investors, earning management and performance fees on private companies and other alternative strategies.
GLXY
2nd
Galaxy Digital
$10.29Bn
26.33
-0.64%
+7.95%
The company manages alternative investment strategies and venture capital funds, earning management fees and carried interest from successful exits.
AMG
2nd
Affiliated Managers
$9.57Bn
369.95
+1.03%
+58.74%
A significant portion of the company's revenue is derived from its 'Alternative Strategies' segment, which includes Affiliates managing private equity, infrastructure, and real estate assets totaling approximately $146 billion.
VOYA
2nd
Voya Financial
$9.43Bn
104.07
-0.74%
+37.91%
The Investment Management segment specifically manages 100.9 billion dollars in private and alternative asset solutions, earning management and performance-based incentive fees.
ARE
2nd
Alexandria Real Estate Equities
$9.17Bn
52.65
-0.06%
-35.45%
The company earns revenue through strategic capital investments in transformative life science companies via its own venture capital platform, which involves managing capital in non-public strategies.
TFPM
Triple Flag Precious Metals
$7.01Bn
33.92
-1.82%
+24.34%
Triple Flag operates as a specialized funding partner providing bespoke financing solutions to mining operators through streaming and royalty agreements. It manages a portfolio of these alternative assets to generate returns for its investors, fitting the profile of an alternative asset manager focused on real-asset strategies.
VCTR
2nd
Victory Capital Holdings
$7.00Bn
113.73
+0.24%
+57.28%
The company manages pooled alternative investment capital through its New Energy Capital segment, which focuses on private closed-end funds for clean energy and infrastructure projects.
PJT
2nd
PJT Partners
$6.94Bn
182.69
-1.87%
+4.66%
The company operates a Placement services segment that earns placement fees by providing fund placement services for alternative asset managers, including private equity, alternative credit, hedge funds, and real estate funds.
STEP
StepStone
$6.07Bn
50.92
+0.02%
-17.40%
StepStone manages pooled alternative investment capital across private equity, infrastructure, private debt, and real estate for institutional and high-net-worth investors. It earns revenue through management fees on assets under management and performance fees (carried interest) on realized gains.
BXSL
2nd
Blackstone Secured Lending Fund
$5.76Bn
24.74
+0.24%
-15.85%
The fund is externally managed by affiliates of Blackstone, leveraging the Blackstone Credit & Insurance alternative credit platform to access proprietary deal flow and private equity sponsor relationships.
HLNE
Hamilton Lane
$5.69Bn
103.06
-0.33%
-28.32%
Hamilton Lane manages pooled alternative investment capital across private equity, private credit, real estate, and infrastructure for institutional and high-net-worth investors. Its revenue model includes management fees on committed capital and carried interest on realized gains from these illiquid strategies.
RITM
2nd
Rithm Capital
$5.63Bn
10.09
+0.30%
-18.30%
The company operates an alternative asset management business through Sculptor, RCM Manager, and RCA, managing $37.5 billion in assets across credit, real estate, and multi-strategy platforms for institutional and retail investors.
MAIN
2nd
Main Street Capital
$5.39Bn
57.69
-0.64%
-12.11%
The company has an external asset management subsidiary that generates management and incentive fees based on assets under management and the performance of the funds it advises.
PIPR
2nd
Piper Sandler Companies
$5.20Bn
76.97
-1.00%
-7.13%
The company manages alternative asset management funds in merchant banking and healthcare, earning asset management fees from these pooled strategies.
CIGI
2nd
Colliers International
$5.06Bn
99.02
-1.76%
-38.44%
The company operates an Investment Management segment that focuses on fund management and investment advisory services for real estate assets and related securities for institutional investors.
WTM
2nd
White Mountains Insurance
$5.02Bn
2,104.34
-0.34%
+18.72%
The Kudu segment provides capital solutions to boutique asset and wealth management firms, structuring investments as noncontrolling equity interests to support buyouts and liquidity, which matches private equity style financing.
PECO
2nd
Phillips Edison & Company
$5.01Bn
38.96
-0.56%
+9.87%
The company manages a third-party investment platform through unconsolidated joint ventures and a private fund, earning asset management and advisory fees from these institutional investors.
LAZ
2nd
Lazard
$4.97Bn
45.00
+1.49%
-18.17%
Lazard's Asset Management segment specifically offers alternative investments and private equity funds, managing pooled capital in non-public strategies for institutional and high-net-worth investors.
HASI
HA Sustainable Infrastructure Capital
$4.91Bn
38.35
-3.74%
+37.70%
The company acts as an alternative asset manager, deploying capital into illiquid sustainable infrastructure real assets and managing co-investment vehicles. It generates revenue from management fees on these vehicles and earns returns from equity method investments and interest income on debt investments.
IEP
2nd
Icahn Enterprises
$4.85Bn
6.82
-1.73%
-18.91%
The Investment segment consists of private investment funds that act as activist investors, acquiring securities in undervalued companies to unlock value through management and operational changes.
IBOC
2nd
International Bancshares
$4.47Bn
71.91
+0.52%
+1.17%
The Merchant Banking segment engages in private equity-style activities, making equity and debt investments in portfolio companies through entities like WCMH, LLC and Diamond Beach Holdings, LLC.
CNS
2nd
Cohen & Steers
$4.11Bn
80.03
+1.33%
+12.26%
The company manages alternative investment capital through its Private Real Estate segment, which invests directly in physical real property assets via private investment structures.
WT
2nd
WisdomTree
$3.78Bn
24.89
+0.08%
+84.23%
The company manages private market investments through its Private Assets segment, specifically providing investment strategies centered on U.S. farmland and other real assets via the acquisition of Ceres.
AB
2nd
Alliancebernstein Holding
$3.48Bn
37.34
+0.76%
-5.59%
The firm manages alternative investment strategies, specifically offering hedge funds to both its institutional and private wealth management clients.
BRBI
2nd
BRBI BR Partners
$3.44Bn
10.91
+0.00%
—
The company manages private equity funds that acquire minority stakes in middle-market companies, earning management fees and performance fees on these alternative investments.
GBDC
2nd
Golub Capital Bdc
$3.38Bn
13.00
+0.23%
-11.32%
The company is externally managed by its affiliate, Golub Capital, which is described as a leading middle market lender with over $85 billion of capital under management. This affiliate provides the deal flow and credit expertise typical of an alternative asset manager.
APAM
2nd
Artisan Partners Asset Management
$3.37Bn
41.53
+0.95%
-9.78%
The company manages alternative investment strategies through groups like the Antero Peak Group, which provides long/short equity exposure via the Antero Peak Hedge strategy.
SII
2nd
Sprott
$3.35Bn
129.74
-0.76%
+95.19%
The company manages private strategies through limited partnership vehicles, including lending and streaming activities, and earns revenue from carried interest and performance fees.
AGO
2nd
Assured Guaranty
$3.34Bn
75.72
-0.20%
-8.82%
Through its ownership interest in Sound Point LP, the company manages pooled alternative investment capital across strategies like CLOs, private credit, and structured credit for institutional clients, earning management fees.
AAMI
2nd
Acadian Asset Management
$3.32Bn
93.65
+1.54%
+119.78%
The company's Quant & Solutions segment offers 'Alternatives' strategies to institutional clients, which falls under the management of pooled alternative investment capital.
HTGC
2nd
Hercules Capital
$3.30Bn
17.64
-0.62%
-8.93%
The company earns management and advisory fees through its subsidiary, Hercules Adviser LLC, which provides investment advisory services to third-party funds, matching the profile of an alternative asset manager.
OAK-PA
Brookfield Oaktree Holdings
$3.24Bn
20.21
-0.88%
-6.87%
The company manages pooled alternative investment capital across credit, real estate, and equity strategies, including private debt funds and corporate private equity. It serves institutional investors such as pension funds and sovereign wealth funds, operating as a leader in the alternative asset management space alongside firms like Blackstone and KKR.
DBRG
DigitalBridge
$2.99Bn
15.93
-0.06%
+41.35%
DigitalBridge is an investment manager that manages pooled alternative investment capital, specifically private equity and private credit, focused on digital infrastructure. It generates revenue through management fees, incentive fees, and carried interest from funds it sponsors, serving institutional investors like sovereign wealth funds and pensions.
AKR
2nd
Acadia Realty Trust
$2.79Bn
20.28
+0.10%
+0.75%
The company operates an Investment Management segment that manages institutional capital through strategic opportunity funds (Fund 2, 3, 4, and 5) and earns management fees and incentive income.
GCMG
GCM Grosvenor
$2.69Bn
13.27
-0.60%
+4.32%
GCM Grosvenor is an alternative asset manager that manages pooled capital across private equity, infrastructure, real estate, alternative credit, and absolute return strategies. Its revenue model is based on management fees and incentive fees earned from these illiquid and non-public strategies.
PGY
2nd
Pagaya Technologies
$1.92Bn
22.98
+0.39%
-34.88%
The company generates returns from capital deployed through financing vehicles that purchase loans, managing these assets for institutional investors such as pension funds, sovereign wealth funds, and asset management firms.
PWP
2nd
Perella Weinberg Partners
$1.81Bn
16.80
-0.77%
-24.20%
The firm has a dedicated Private Funds Advisory and Private Capital Placement business that supports fundraising and investor relations for private equity and other alternative funds.
PAX
Patria Investments
$1.78Bn
11.14
-1.50%
-18.39%
Patria Investments is a global alternative investment firm managing pooled capital across private equity, infrastructure, and credit strategies. Its revenue model is based on management fees and performance/incentive fees from institutional and high-net-worth investors.
INVA
2nd
Innoviva
$1.55Bn
21.33
-0.09%
+2.06%
The company maintains a 'Strategic Investments' segment where it holds equity stakes in various healthcare and biotech companies, such as Armata Pharmaceuticals and InCarda Therapeutics, to generate financial returns through appreciation or strategic exits.
KW
2nd
Kennedy-Wilson Holdings
$1.52Bn
10.92
+0.00%
+66.46%
The company operates an investment management platform managing over $36.4 billion in assets for institutional sponsors, including pension funds and sovereign wealth funds. It earns asset management fees, acquisition/disposition fees, and carried interest from these pooled alternative real-asset strategies.
WD
2nd
Walker & Dunlop
$1.42Bn
42.64
+2.30%
-48.01%
Through its subsidiary Walker & Dunlop Investment Partners, Inc., the company manages investment funds and earns asset management fees from invested capital.
BTCK
2nd
Teucrium Commodity Trust
$1.11Bn
29.60
+4.59%
—
The Trust manages alternative investment strategies using commodity futures contracts to provide exposure to agricultural markets. This involves managing pooled capital in non-public, derivative-based strategies for institutional and individual investors.
CIM
2nd
Chimera Investment
$976.07Mn
11.66
+0.69%
-17.83%
The company operates an Investment Management and Advisory Services Segment that provides discretionary and non-discretionary management to institutional clients like insurance companies and credit funds. It earns management fees and expects incentive-based income from these pooled alternative investment strategies.
PURR
Hyperliquid Strategies
$971.65Mn
12.18
-4.62%
—
The company name 'Hyperliquid Strategies' strongly implies a focus on liquid alternative investment strategies, which typically fall under alternative asset management. Given the lack of operational detail in the profile beyond its role in a business combination, this is the closest fit within the Financial Services sector based on the company's nomenclature.
BUR
2nd
Burford Capital
$957.39Mn
4.36
+1.40%
-67.24%
The company manages legal finance assets on behalf of third-party investors through its Asset Management and Other Services segment. It operates a private fund platform via its SEC-registered investment adviser, BCIM, managing $3.2 billion in assets across private and sidecar funds.
ABX
Abacus Global Management
$937.83Mn
9.59
-1.84%
+40.20%
Abacus Global Management manages alternative investment funds and exchange traded funds, earning base management fees and performance fees on assets under management. Its core business involves managing pooled alternative capital specifically in the life settlement market and free cash flow equity strategies for institutional and private clients.
RPC
Ridgepost Capital
$932.69Mn
8.50
-0.70%
-29.64%
Ridgepost Capital manages pooled alternative investment capital across private equity, venture capital, and private credit for institutional investors and high-net-worth individuals. Its revenue model is based on management and advisory fees earned on committed capital, which is characteristic of alternative asset managers.
ANSC
Agriculture & Natural Solutions Acquisition
$853.42Mn
11.46
+0.00%
+5.23%
The company is a special purpose acquisition company (SPAC) managed by sponsors (Riverstone and Impact Ag) with extensive investment experience. Its core activity is the identification and acquisition of businesses to build a portfolio focused on decarbonizing agriculture and natural capital, which aligns with the alternative asset management model of deploying capital into private strategies.
FPH
2nd
Five Point Holdings
$764.89Mn
5.16
+1.38%
-8.35%
Through its Hearthstone segment, the company operates a residential asset management platform that manages land banking funds for institutional investors, such as state employee pension plans and private equity firms, earning management and performance fees.
NMFC
2nd
New Mountain Finance
$706.50Mn
7.48
+0.13%
-29.03%
The company is externally managed by New Mountain Finance Advisers LLC, a subsidiary of New Mountain Capital Group LP, which is described as a global investment firm managing approximately sixty billion dollars of assets in middle market private equity and credit strategies.
CNNE
Cannae Holdings
$686.93Mn
15.84
+0.00%
-15.47%
Cannae Holdings operates as a holding company that acquires and actively manages interests in operating companies, positioning itself as a competitor to alternative asset managers like Blackstone and KKR. Its JANA segment specifically earns management and performance-based fees from investment funds that pursue shareholder activism and undervalued public companies.
VINP
Vinci Compass Investments
$674.02Mn
9.51
-3.45%
-5.28%
Vinci Compass is a leading alternative asset manager managing pooled capital in illiquid and non-public strategies, including Private Equity, Real Assets (infrastructure, forestry), and Private Credit. It generates revenue from management fees and performance-related earnings (carried interest) from these alternative strategies.
FERA
Fifth Era Acquisition Corp I
$657.23Mn
10.51
-0.10%
+3.75%
Fifth Era Acquisition Corp I is a SPAC, which functions as a pooled investment vehicle designed to acquire a private business. Its core activity is managing capital from public and private investors to execute a business combination, matching the profile of an alternative asset manager focusing on private equity-style acquisitions.
DMII
Drugs Made In America Acquisition
$647.83Mn
10.17
+0.20%
—
The company is a Special Purpose Acquisition Company (SPAC) whose sole purpose is to identify and execute a business combination using pooled capital from an IPO and private placement. This activity of managing pooled capital for the purpose of acquiring private businesses aligns with the operational model of alternative asset managers.
ELE
Elemental Royalty
$635.17Mn
21.19
-2.17%
+42.21%
Elemental Royalty operates as an alternative asset manager specializing in mining royalties and streaming, managing a portfolio of 256 assets to generate passive income for its investors. It earns revenue through royalty and streaming payments from mining operators like Lundin Mining and Northern Star Resources, fitting the profile of a firm managing illiquid, real-asset strategies.
JACS
Jackson Acquisition
$634.41Mn
10.72
-0.19%
+3.57%
Jackson Acquisition Co II is a SPAC (blank check company) whose sole current activity is identifying and evaluating a target business for acquisition. This operational model of pooling capital to invest in a private business combination aligns with the activities of alternative asset managers who manage pooled capital for investment in non-public strategies.
LPBB
Launch Two Acquisition
$621.00Mn
10.80
+0.00%
+3.51%
Launch Two Acquisition Corp. is a Special Purpose Acquisition Company (SPAC) designed to raise capital to identify and acquire a target business. This activity of managing pooled capital for the purpose of a private equity-style acquisition of a business aligns with the Alternative Asset Managers category.
LPAA
Launch One Acquisition
$618.13Mn
10.75
-0.19%
+2.77%
Launch One Acquisition Corp is a SPAC, which functions as a pooled investment vehicle designed to acquire a target business. Its current activity is managing capital from public shareholders and private placements to execute a business combination, which aligns with the alternative asset management model of deploying capital into non-public strategies.
ENHA
Enhanced
$616.62Mn
1.59
-0.62%
—
The company is a Special Purpose Acquisition Company (SPAC) whose core activity is sourcing, evaluating, and executing a business combination with a target company. Its management team is specifically tasked with identifying investment opportunities and negotiating deals, which aligns with the activities of alternative asset managers focusing on private equity-style acquisitions.
ALFUU
Centurion Acquisition
$597.30Mn
10.91
+0.00%
+2.63%
Centurion Acquisition Corp. is a blank check company (SPAC) whose core activity is identifying, evaluating, and executing a business combination with a target company. This operational model of pooling capital to acquire and manage a private business is characteristic of alternative asset management and private equity strategies.
HCAC
Hall Chadwick Acquisition
$589.79Mn
10.10
-0.10%
—
Hall Chadwick Acquisition Corp is a blank check company (SPAC) whose sole purpose is to identify and execute a business combination, merger, or asset acquisition. This activity of pooling capital to acquire private businesses is functionally equivalent to the strategies of private equity and buyout funds described in the Alternative Asset Managers category.
ABTC
2nd
American Bitcoin
$571.14Mn
7.99
-14.45%
-0.62%
The company operates a 'Scale the Reserve' segment that focuses on accumulating Bitcoin as a core strategic asset and managing a reserve of approximately 6,963 Bitcoin to enhance stockholder value, functioning as an alternative asset manager of digital reserves.
NOAH
2nd
Noah Holdings
$567.26Mn
8.46
+1.81%
-31.05%
The company has a substantial asset management business (29.5% of revenue) through Gopher and Olive Asset Management, which manage pooled alternative investments in private equity, real estate, and multi-strategy funds.
AXIN
Axiom Intelligence Acquisition Corp 1
$563.33Mn
10.33
+0.00%
+3.61%
Axiom Intelligence Acquisition Corp 1 is a Special Purpose Acquisition Company (SPAC), which functions as a pooled investment vehicle designed to acquire a private business. Its core activity is managing capital raised from public and private investors to execute a business combination, matching the profile of an alternative asset manager focused on private equity-style acquisitions.
FAC
Factorial Energy
$557.59Mn
5.21
-0.95%
-48.03%
Cartesian Growth Corp III is a SPAC that functions as a pooled investment vehicle, deploying capital raised via IPO to acquire private companies. Its core activity is managing this capital to execute a business combination, which aligns with the alternative asset management model of sourcing and investing in non-public strategies.
TVA
Texas Ventures Acquisition III
$553.35Mn
10.54
-0.09%
+4.05%
Texas Ventures Acquisition III is a special purpose acquisition company (SPAC) that raises capital to identify and acquire a target business. This activity of managing pooled capital for the purpose of a private equity-style acquisition of a business fits the profile of an alternative asset manager.
GLRE
2nd
Greenlight Capital Re
$507.03Mn
15.42
-0.39%
+21.61%
The company's Innovations segment makes strategic investments in startup companies and managing general agents, and it employs a differentiated value-oriented investment strategy for its managed portfolios.
EVAC
EQV Ventures Acquisition
$483.56Mn
10.30
+0.10%
+3.73%
The company is a Special Purpose Acquisition Company (SPAC) that functions as a pooled investment vehicle designed to acquire a target business. It competes directly with private equity groups and leveraged buyout funds, and its core activity is the deployment of capital into a non-public strategy to realize gains through a business combination.
ALTI
2nd
AlTi Global
$467.83Mn
3.00
-21.87%
-29.91%
The company operates an alternatives platform that includes an internally managed fund and equity stakes in external funds focusing on real estate bridge lending, European equities, and Asian credit. It earns performance or incentive fees on these illiquid, private-market strategies.
PLMK
Plum Acquisition Corp, IV
$455.14Mn
10.65
+0.00%
+3.60%
Plum Acquisition Corp IV is a special purpose acquisition company (SPAC) whose sole purpose is to identify and acquire a private business through a merger or asset acquisition. This activity of managing pooled capital to invest in non-public strategies aligns with the description of alternative asset managers.
ACTG
Acacia Research
$443.04Mn
4.54
+0.67%
+35.93%
Acacia Research operates as a value-oriented acquirer and operator of businesses across public and private markets, functioning similarly to a private equity or alternative asset manager. It generates returns through the acquisition, operational improvement, and divestiture of assets in the industrial, energy, and technology sectors.
KFII
K&F Growth Acquisition
$427.90Mn
10.65
+0.00%
+4.62%
K&F Growth Acquisition Corp. Ii is a special purpose acquisition company (SPAC) that raises capital to acquire an operating business. This activity of managing pooled capital for the purpose of a private equity-style acquisition of a business fits the profile of an alternative asset manager.
HAVA
Harvard Ave Acquisition
$422.55Mn
10.21
+0.00%
—
Harvard Ave Acquisition is a special purpose acquisition company (SPAC) designed to pool capital from public and private investors to acquire a target business. This activity of managing pooled capital for the purpose of a private equity-style acquisition aligns with the Alternative Asset Managers category.
NPAC
New Providence Acquisition Corp. III
$402.72Mn
10.49
+0.29%
+3.55%
New Providence Acquisition Corp. III is a special purpose acquisition company (SPAC) formed to identify and merge with a target business. Its core activity is managing pooled capital from public and private investors to execute a business combination, which aligns with the alternative asset management model of deploying capital into non-public strategies.
ALDF
Aldel Financial
$397.12Mn
10.81
+0.00%
+3.54%
Aldel Financial II Inc. is a blank check company (SPAC) whose sole purpose is to identify and execute a business combination, effectively acting as a vehicle for private equity-style acquisition. It competes directly with private equity groups and leveraged buyout funds to acquire a target business, which aligns with the activity of alternative asset managers who manage capital for the purpose of strategic acquisitions.
VLOS
Velos Acquisition I
$385.61Mn
10.73
+0.09%
+2.00%
The company is a Special Purpose Acquisition Company (SPAC) sponsored by M3-Brigade and MI7, which are financial entities managing pooled capital to acquire private businesses. Its core activity is the identification and acquisition of a target business (such as the proposed combination with ReserveOne Inc) using capital raised from an IPO, which aligns with the alternative asset management model of deploying capital into non-public strategies.
SDHI
Siddhi Acquisition Corp (Cayman Islands)
$366.15Mn
10.51
+0.00%
+3.65%
Siddhi Acquisition Corp is a SPAC, which functions as a pooled investment vehicle designed to acquire a private company. Its management team leverages private equity and venture capital experience to identify and execute a business combination, which aligns with the activities of alternative asset managers managing illiquid, non-public strategies.
KCHV
Kochav Defense Acquisition
$357.99Mn
10.45
+0.00%
+4.19%
Kochav Defense Acquisition Corp. is a SPAC (blank check company) whose sole purpose is to identify and acquire a target business using pooled capital from an IPO and private placement. This activity of managing pooled capital to invest in a private company aligns with the alternative asset management model of seeking non-public strategies.
BDCI
BTC Development
$352.33Mn
10.14
+0.00%
—
BTC Development is a SPAC (blank check company) whose core activity is identifying and acquiring a target business, which is functionally equivalent to a private equity or venture capital strategy. The profile explicitly mentions its management's experience in venture capital and its goal of effecting a business combination with companies in the bitcoin ecosystem.
SBXD
SilverBox Corp IV
$346.19Mn
10.86
-0.09%
+3.63%
SilverBox Corp IV is a special purpose acquisition company (SPAC) that functions as a pooled investment vehicle to acquire and manage a business combination. Its core activity is the sourcing, structuring, and execution of a business combination, which aligns with the activities of alternative asset managers focusing on private equity and buyout strategies.
BLUW
Blue Water Acquisition Corp. III
$341.79Mn
10.36
+0.00%
+3.60%
Blue Water Acquisition Corp. III is a blank check company (SPAC) designed to identify and execute a business combination with private companies. This activity of pooling capital to acquire and manage an investment in a non-public strategy aligns with the Alternative Asset Managers category, as it functions as a vehicle for private equity-style acquisition.
BEAG
Bold Eagle Acquisition
$338.23Mn
10.80
+0.28%
+4.45%
Bold Eagle Acquisition Corp is a special purpose acquisition company (SPAC) that raises capital to acquire an unspecified operating business. This activity of managing pooled capital for the purpose of a private equity-style acquisition of a business fits the profile of an alternative asset manager.
MRLN
Merlin
$336.98Mn
3.35
-0.30%
-67.70%
Merlin is a Special Purpose Acquisition Company (SPAC) that manages pooled capital from its IPO and private placements to identify and merge with private growth-stage companies. This activity of managing a pooled investment vehicle to acquire private businesses aligns with the alternative asset management model of private equity and venture capital.
DMAA
Drugs Made In America Acquisition
$332.47Mn
10.79
+0.28%
+4.86%
The company is a blank check company (SPAC) whose sole purpose is to raise capital to effect a merger or asset acquisition. This activity of pooling capital to acquire and invest in private businesses aligns most closely with the strategies of alternative asset managers and private equity firms described in F-11.
NMP
NMP Acquisition
$330.92Mn
10.36
+0.19%
+4.44%
NMP Acquisition is a special purpose acquisition company (SPAC) that pools capital from investors to fund a future acquisition of a private business. This activity of managing pooled capital for the purpose of acquiring private companies aligns with the alternative asset management model of private equity.
SZZL
Sizzle Acquisition
$326.74Mn
10.45
+0.00%
+3.57%
Sizzle Acquisition Corp. II is a special purpose acquisition company (SPAC) that functions as a pooled investment vehicle designed to identify and acquire a target business. Its revenue model and operational structure match that of an alternative asset manager/private equity vehicle, as it raises capital from public and private investors to execute a business combination.
CRAQ
Cal Redwood Acquisition
$324.85Mn
10.37
-0.10%
+3.80%
Cal Redwood Acquisition Corp is a SPAC (blank check company) whose sole purpose is to identify and acquire a target business using pooled capital. This activity aligns with alternative asset management as it involves managing a pool of capital for the purpose of a private equity-style acquisition.
KOYN
CSLM Digital Asset Acquisition Corp III
$322.84Mn
10.23
-0.10%
—
The company is a Special Purpose Acquisition Company (SPAC) whose sole purpose is to identify, negotiate, and execute a business combination with a target company. This activity of pooling capital to acquire private businesses in the digital asset and financial infrastructure space aligns with the functions of alternative asset managers who manage pooled capital for institutional and high-net-worth investors.
VOXR
Vox Royalty
$319.03Mn
5.76
-0.86%
+60.89%
Vox Royalty operates as an alternative asset manager by acquiring and managing a portfolio of mining royalties, which are illiquid, non-public financial interests. The company earns returns from these alternative assets through contractual royalty payments (NSR, GRR) from third-party mining operators like Zijin Mining Group and Northern Star Resources.
LAFA
LaFayette Acquisition
$318.98Mn
10.15
+0.00%
—
LaFayette Acquisition Corp. is a special purpose acquisition company (SPAC) designed to pool capital from investors to acquire a private business. This activity of managing pooled capital for the purpose of a private equity-style acquisition aligns with the Alternative Asset Managers category.
RANG
Range Capital Acquisition
$316.41Mn
10.76
+0.00%
+4.98%
Range Capital Acquisition Corp. is a special purpose acquisition company (SPAC) that functions as a pooled investment vehicle designed to acquire a target business. Its business model involves using capital from public shareholders and private placements to execute a business combination, which aligns with the activities of alternative asset managers focusing on private equity and buyout strategies.
ATII
Archimedes Tech SPAC Partners
$315.13Mn
10.65
+0.09%
+4.41%
The company is a Special Purpose Acquisition Company (SPAC) designed to raise capital to acquire and merge with private businesses, specifically targeting technology sectors like AI and cloud services. This activity aligns with the management of pooled alternative investment capital for the purpose of executing a business combination, similar to the strategy of private equity firms.
TACO
Berto Acquisition
$314.86Mn
10.49
+0.00%
+1.75%
Berto Acquisition Corp is a Special Purpose Acquisition Company (SPAC) designed to raise capital via an IPO to acquire a private operating business. This activity matches the profile of an alternative asset manager or investment vehicle that manages pooled capital for the purpose of executing a business combination/buyout.
DYNC
Dynamix
$300.74Mn
10.87
+0.18%
-0.73%
Dynamix is a blank check company (SPAC) whose core purpose is to identify and execute a business combination, effectively managing a pool of capital for the purpose of a private equity-style acquisition. Its revenue model currently consists of nonoperating income on trust assets, and it competes directly with private equity firms and leveraged buyout funds.
AACBU
Artius II Acquisition
$297.99Mn
10.70
+0.00%
+3.58%
Artius II Acquisition is a special purpose acquisition company (SPAC) that manages pooled capital from investors to acquire a business. Its core activity is identifying and executing a business combination, which aligns with the alternative asset management model of managing capital for institutional and high-net-worth investors to achieve gains.
ANVI
Anvi Global Holdings
$295.08Mn
2.46
+0.00%
+0.00%
Anvi Global Holdings operates as an investment vehicle targeting acquisitions in private businesses across various sectors like mining and infrastructure. Its revenue model is based on capital appreciation and profit-sharing from these alternative, non-public strategic investments.
NHIC
NewHold Investment Corp. III
$293.25Mn
10.62
+0.09%
+4.53%
NewHold Investment Corp. III is a blank check company (SPAC) whose sole purpose is to identify and acquire a target business using pooled capital from public and private investors. This activity of managing pooled capital to execute a business combination is a hallmark of alternative asset management strategies.
BACC
Blue Acquisition
$293.04Mn
10.48
-0.10%
+5.33%
Blue Acquisition Corp is a Special Purpose Acquisition Company (SPAC) that raises capital from investors to identify and acquire a private company. This activity of managing pooled capital for the purpose of a private equity-style buyout and taking a company public aligns with the alternative asset management model of investing in non-public strategies.
TMCR
Metals Royalty
$291.30Mn
5.72
+0.88%
—
The company operates as a royalty and streaming firm, which is a form of alternative asset management where it provides capital in exchange for a percentage of future production. It earns revenue from a 2.0% gross overriding royalty on the NORI Property, mirroring the business model of alternative asset managers like Franco Nevada and Wheaton Precious Metals.
UCFI
CN Healthy Food Tech
$287.81Mn
5.51
+0.00%
-51.11%
The company is a Special Purpose Acquisition Company (SPAC), which functions as a pooled investment vehicle designed to acquire a private business. Its core activity is managing capital from an IPO and private placements to execute a business combination, matching the profile of an alternative asset manager focused on private equity-style acquisitions.
DEFT
2nd
Defi Technologies
$262.36Mn
0.68
+0.00%
-65.66%
The Ventures business line makes early-stage investments in digital asset companies, banks, and foundations, generating returns from these venture investments.
FACT
FACT II Acquisition
$260.73Mn
10.72
+0.19%
+4.28%
FACT II Acquisition Corp is a Special Purpose Acquisition Company (SPAC), which functions as a pooled investment vehicle designed to acquire a private business. Its core activity is managing capital raised via IPO and private placements to identify and execute a business combination, which aligns with the alternative asset management model of deploying capital into non-public strategies.
VNME
Vendome Acquisition Corp I
$257.00Mn
10.28
+0.00%
+3.73%
Vendome Acquisition Corp I is a special purpose acquisition company (SPAC) designed to acquire and merge with other businesses. This activity of pooling capital to invest in and acquire private companies aligns with the alternative asset management model of private equity and venture capital strategies.
CUB
Lionheart Holdings
$254.60Mn
10.89
+0.00%
+3.71%
Lionheart Holdings is a Special Purpose Acquisition Company (SPAC) whose sole purpose is to identify, negotiate, and acquire private operating businesses using pooled capital. This activity of managing capital for the purpose of private equity-style acquisitions and business combinations aligns with the activities of alternative asset managers.
HVII
Hennessy Capital Investment Corp. VII
$251.65Mn
9.67
+18.50%
-5.01%
Hennessy Capital Investment Corp. VII is a special purpose acquisition company (SPAC) designed to raise capital to acquire a target business, which is a form of alternative asset management strategy. The company's core activity is the identification and execution of a business combination, leveraging the management team's experience in prior acquisitions to create value for its shareholders.
TONT
Graf Global
$251.14Mn
10.88
+0.00%
+3.72%
Graf Global is a special purpose acquisition company (SPAC) that manages a trust account of over $243 million to acquire a target business. This activity of pooling capital for the purpose of making a private equity-style acquisition of a business fits the profile of an alternative asset manager focusing on non-public strategies.
GPAT
GP-Act III Acquisition
$250.56Mn
10.97
+0.09%
+3.49%
GP-Act III Acquisition Corp is a special purpose acquisition company (SPAC) sponsored by GP-Act III Sponsor LLC, which is described as having a track record of identifying and executing transactions. Its core purpose is to manage pooled capital from an IPO to acquire a business, which aligns with the activity of alternative asset managers focusing on private equity and buyout strategies.
COPL
Copley Acquisition
$249.62Mn
10.52
+0.00%
+4.16%
Copley Acquisition Corp is a Special Purpose Acquisition Company (SPAC), which operates as a pooled investment vehicle designed to identify and acquire a private business. Its core activity is the management of capital for the purpose of a business combination, which aligns with the alternative asset management model of seeking illiquid, non-public strategies.
GTERA
Globa Terra Acquisition
$247.24Mn
10.42
+0.10%
+4.62%
Globa Terra Acquisition Corp is a special purpose acquisition company (SPAC) that functions as a pooled investment vehicle to acquire a target business. It competes directly with private equity groups and leveraged buyout funds, and its management team leverages private equity experience to source and execute business combinations.
DAAQ
Digital Asset Acquisition
$239.89Mn
10.43
+0.00%
+2.96%
Digital Asset Acquisition Corp. is a special purpose acquisition company (SPAC) designed to raise capital to acquire a target business, which aligns with the activity of alternative asset managers and private equity structures. The profile explicitly states it competes with private equity firms and other SPACs to identify and acquire a target company using its trust account of approximately $177.95 million.
IRHO
Iron Horse Acquisition
$236.88Mn
10.05
+0.00%
—
Iron Horse Acquisition II Corp. is a special purpose acquisition company (SPAC) that manages a pooled fund of capital from an IPO to acquire a private business. Its core activity is the identification, evaluation, and structuring of a business combination, which aligns with the alternative asset management model of deploying capital into non-public strategies.
HDSN
2nd
Hudson Technologies
$225.17Mn
5.35
+1.90%
-47.70%
The company generates revenue from the monetization of carbon offset projects and the development of verified emission reduction projects linked to the destruction of CFCs, which constitutes the management of real-asset environmental credits.
LWAC
LightWave Acquisition
$222.52Mn
10.32
+0.00%
+3.72%
LightWave Acquisition Corp is a special purpose acquisition company (SPAC) designed to identify and acquire a target business using pooled capital from investors. This activity of managing a pooled vehicle to execute a business combination for the benefit of investors aligns with the alternative asset management model of private equity and venture capital strategies.
CEPO
Cantor Equity Partners I
$215.20Mn
10.76
+0.09%
+3.46%
Cantor Equity Partners I is a Special Purpose Acquisition Company (SPAC), which is a pooled investment vehicle designed to acquire a private company. Its core activity is managing capital raised from investors to execute a business combination, which aligns with the alternative asset management model of managing pooled capital for institutional and high-net-worth investors.
EGHA
EGH Acquisition
$213.20Mn
10.40
+0.00%
+3.84%
EGH Acquisition Corp is a blank check company (SPAC) whose sole purpose is to identify and execute a business combination with a target entity. This activity of pooling capital from investors to acquire and manage a private business for the purpose of generating returns is the core function of an alternative asset manager/private equity structure.
QSEA
Quartzsea Acquisition
$208.91Mn
10.61
+0.00%
+4.95%
Quartzsea Acquisition Corp is a special purpose acquisition company (SPAC) whose sole activity is identifying and evaluating target businesses for a merger or acquisition. This aligns with the activity of alternative asset managers who manage pooled capital to invest in private companies, as the company's purpose is to deploy IPO proceeds into a private target.
PGAC
Pantages Capital Acquisition
$200.65Mn
10.71
-0.37%
+4.69%
Pantages Capital Acquisition is a special purpose acquisition company (SPAC) whose sole activity is identifying and evaluating potential acquisition targets for a business combination. This aligns with the Alternative Asset Managers category, as it manages pooled capital from public shareholders and sponsors to execute a private equity-style acquisition strategy.
FRNM
Freenome
$177.81Mn
16.31
-3.49%
+53.87%
Perceptive Capital Solutions Corp is a SPAC sponsored by Perceptive Advisors, a life sciences focused investment firm managing $9.5 billion in assets. Its core activity is the identification and acquisition of private companies in the life sciences and medical technology sectors using pooled capital from its IPO.
CHEC
Chenghe Acquisition III
$172.55Mn
10.23
+0.00%
—
Chenghe Acquisition III is a special purpose acquisition company (SPAC) that manages pooled capital from IPO investors to acquire a business. This activity matches the profile of an alternative asset manager managing a pooled investment vehicle for institutional and high-net-worth investors.
SPEG
Silver Pegasus Acquisition
$158.85Mn
10.36
+0.10%
+4.12%
Silver Pegasus Acquisition Corp. is a SPAC (blank check company) whose core activity is identifying, evaluating, and structuring a business combination with a target company. This operational model of pooling capital to acquire a private business for a public listing aligns with the activities of alternative asset managers and private equity-style strategies.
GSHR
Gesher Acquisition
$157.62Mn
10.55
+0.29%
—
Gesher Acquisition Corp. II is a Special Purpose Acquisition Company (SPAC) that raises capital to acquire a target business, which is a form of private equity/alternative investment strategy. Its core activity is managing pooled capital from public shareholders and a sponsor to execute a business combination for the purpose of creating long-term value.
INAC
Indigo Acquisition
$152.12Mn
10.31
+0.00%
+3.62%
Indigo Acquisition Corp is a special purpose acquisition company (SPAC) formed to effect a business combination, which is a form of private equity/alternative investment strategy. Its current activity is managing a trust account of marketable securities to acquire a target business, aligning with the alternative asset management model of identifying and investing in non-public companies.
CEPS
Cantor Equity Partners VI
$152.03Mn
10.36
+0.00%
—
Cantor Equity Partners VI is a blank check company (SPAC) designed to pool capital for the purpose of acquiring and investing in a private operating business. This activity aligns with alternative asset management as it involves managing pooled capital for institutional and high-net-worth investors to execute a non-public investment strategy.
NBRG
Newbridge Acquisition
$151.98Mn
10.07
-0.20%
—
Newbridge Acquisition is a special purpose acquisition company (SPAC) that raises capital to invest in and acquire private businesses. This activity aligns with alternative asset management as it manages a pooled fund of capital for the purpose of executing a private equity-style acquisition.
GHI
2nd
Greystone Housing Impact Investors
$151.98Mn
6.45
-1.38%
-40.66%
The company invests in market-rate joint venture equity for multifamily and seniors housing developments, earning preferred returns on these illiquid, non-public real estate equity investments.
QUMS
Quantumsphere Acquisition
$150.13Mn
10.33
+0.00%
—
Quantumsphere Acquisition is a special purpose acquisition company (SPAC) whose sole purpose is to identify and execute a business combination with a target company. This activity of pooling capital to acquire private businesses aligns with the alternative asset management model of private equity and venture capital strategies.
TAVI
Tavia Acquisition
$146.77Mn
10.72
+0.00%
+4.08%
Tavia Acquisition Corp. is a Special Purpose Acquisition Company (SPAC), which is a pooled investment vehicle designed to acquire a private business. Its core activity is managing capital raised via an IPO to execute a business combination, matching the profile of an alternative asset manager focusing on private equity-style acquisitions.
NAKA
Nakamoto
$145.49Mn
8.13
-2.17%
-95.18%
The company operates UTXO, which generates management and performance fees from overseeing funds like the 210k Capital hedge fund. It also manages a global portfolio of Bitcoin native companies and executes an options writing strategy to generate premium income.
KVAC
Keen Vision Acquisition
$132.27Mn
12.01
-0.66%
+4.89%
Keen Vision Acquisition is a SPAC (blank check company) whose sole purpose is to identify and acquire a private operating business using pooled capital from institutional and retail investors. This activity matches the profile of an alternative asset manager managing a pooled vehicle for the purpose of a private equity-style acquisition.
CHAR
Charlton Aria Acquisition
$119.85Mn
10.93
-0.18%
+6.01%
Charlton Aria Acquisition is a Special Purpose Acquisition Company (SPAC) whose sole business activity is identifying and evaluating target companies for a business combination. This activity of managing pooled capital for the purpose of acquiring private businesses aligns with the alternative asset management model of private equity and venture capital strategies.
HDRN
Hadron Energy
$101.97Mn
1.79
-2.19%
-82.75%
GigCapital7 is a special purpose acquisition company (SPAC) that raises capital from investors to identify and acquire a private business. Its core activity is managing pooled capital for the purpose of a business combination, which aligns with the alternative asset management model of sourcing and structuring acquisitions.
ALCYF
Alchemy Investments Acquisition Corp 1
$94.37Mn
12.29
+0.00%
+7.90%
The company is a blank check company (SPAC) sponsored by Alchemy Investment Management LLC, which provides a pipeline of targets and sourcing capabilities. Its core activity is the pursuit of a business combination to invest public capital into a private target, which aligns with the activity of alternative asset managers managing pooled capital for institutional and high-net-worth investors.
GTEN
Gores Holdings X
$94.19Mn
10.50
-1.69%
+2.64%
Gores Holdings X is a special purpose acquisition company (SPAC) designed to effect a business combination, which aligns with the activity of alternative asset managers seeking private equity-style acquisitions. The company relies on the sponsorship of The Gores Group to access proprietary deal flow for the purpose of investing its trust account capital into a target business.
ORIQ
Origin Investment Corp I
$93.94Mn
10.40
+0.00%
+4.00%
Origin Investment Corp I is a blank check company (SPAC) designed to acquire and hold interests in middle market and emerging growth companies. This activity of pooling capital to invest in private businesses for the purpose of a business combination aligns with the strategies of alternative asset managers.
INV
Innventure
$93.92Mn
1.11
+0.91%
-79.67%
Innventure operates as an industrial growth conglomerate that manages a portfolio of companies, earning revenue through management fees from the ESG Fund and distributions from equity stakes in its ventures. Its core business model involves sourcing, funding, and managing illiquid, high-growth technology ventures to maximize value for investors.
LCCC
Lakeshore Acquisition III
$93.77Mn
10.53
+0.38%
+4.78%
Lakeshore Acquisition III is a SPAC (blank check company) whose sole purpose is to identify and acquire a private operating business using pooled capital from its IPO. This activity matches the profile of an alternative asset manager focusing on private equity-style acquisitions and the deployment of capital into non-public strategies.
ALIS
Calisa Acquisition
$86.80Mn
10.30
+0.49%
—
Calisa Acquisition Corp is a SPAC (blank check company) whose sole purpose is to raise capital to acquire and manage an interest in another business. This activity aligns with alternative asset management as it involves pooling capital for a non-public, illiquid acquisition strategy.
ESHA
ESH Acquisition
$81.62Mn
11.57
+0.00%
+5.28%
ESH Acquisition Corp. is a blank check company (SPAC) whose sole purpose is to identify and execute a business combination, effectively managing a pool of capital to acquire a private company. This activity aligns with the alternative asset management model of sourcing and investing in non-public strategies to generate returns for shareholders.
CHPG
ChampionsGate Acquisition
$78.41Mn
10.49
+0.58%
+4.69%
ChampionsGate is a Special Purpose Acquisition Company (SPAC) whose sole purpose is to identify and acquire a business through a merger or asset purchase. This activity of pooling capital to invest in a non-public business combination aligns with the alternative asset management model of managing capital for institutional and high-net-worth investors to achieve gains.
FVN
Future Vision II Acquisition
$77.63Mn
10.29
+1.78%
-1.25%
Future Vision II Acquisition Corp. is a special purpose acquisition company (SPAC) whose core purpose is to identify, acquire, and manage a business combination. This activity aligns with alternative asset management, as it manages pooled capital from an IPO and private placement to execute a private equity-style acquisition strategy.
BHIC
BioScience Health Innovations
$68.75Mn
5.85
+6.36%
+46.25%
The company is a 'blank check' entity focused on locating and acquiring an operating business, which aligns with the activity of alternative asset managers or special purpose acquisition vehicles. Its current operational focus is on securing capital and identifying targets to deploy that capital into private equity-style acquisitions.
GEG
Great Elm
$66.11Mn
2.22
+0.91%
-28.16%
Great Elm Group is an alternative asset management company that manages pooled capital across credit, real estate, and specialty finance strategies for institutional and high-net-worth investors. It earns revenue through management fees, incentive fees, and administration fees from its investment management subsidiaries GECM and MCRE.
ALPS
2nd
Alps
$63.23Mn
0.38
+0.00%
—
Alps Global Holding Berhad is engaged in the acquisition, management, and disposition of interests in various enterprises, serving institutional investors and private equity firms. This activity matches the profile of an alternative asset manager managing a portfolio of private interests to create value.
IPEX
Inflection Point Acquisition Corp. V
$59.82Mn
7.75
-29.22%
-23.87%
Inflection Point Acquisition Corp. V is a special purpose acquisition company (SPAC) that functions as an investment vehicle to acquire a private business. It competes with private equity firms and manages capital raised via an IPO to execute a business combination, which aligns with the activity of alternative asset managers focusing on non-public strategies.
UYSC
UY Scuti Acquisition
$58.84Mn
10.93
-0.55%
+8.00%
UY Scuti Acquisition Corp. is a blank check company (SPAC) designed to identify and acquire a target business, which is a form of private equity/buyout strategy. Its revenue model, once operational, will be based on the acquisition and management of a private business using pooled capital from public shareholders and private placements.
BPAC
Blueport Acquisition
$58.59Mn
10.19
+0.00%
—
Blueport Acquisition is a special purpose acquisition company (SPAC) whose core purpose is to identify, negotiate, and execute a business combination with a target company. This activity of managing pooled capital to acquire private businesses for the benefit of shareholders aligns with the activities of alternative asset managers and private equity sponsors.
EURK
Eureka Acquisition
$55.40Mn
11.55
+0.35%
+8.15%
Eureka Acquisition Corp is a special purpose acquisition company (SPAC) that raises capital to identify and acquire private businesses, which aligns with the activity of managing pooled alternative investment capital for the purpose of business combinations. Its core activity is evaluating acquisition candidates and utilizing its deal sourcing network of private equity and venture capital sponsors to create shareholder value through illiquid, non-public strategies.
DOMH
2nd
Dominari Holdings
$50.91Mn
2.10
-1.41%
-63.03%
The company manages alternative investment arrangements and operates a private market platform to source private investments for high-net-worth and institutional clients.
AFJK
Aimei Health Technology
$49.46Mn
12.22
+0.16%
+8.33%
Aimei Health Technology is a special purpose acquisition company (SPAC) that manages pooled capital to acquire businesses in the biopharmaceutical and medical technology sectors. It operates similarly to a private equity or venture capital firm by seeking to identify and acquire innovative healthcare companies to provide them with public market access.
LGL
2nd
Lgl
$48.86Mn
7.47
+0.27%
+12.55%
The Merchant Investment segment operates as a value-oriented investor that acquires undervalued assets and businesses, using special purpose vehicles to raise external capital and earning management fees and success-based incentives.
BXBL
Boxabl
$44.79Mn
4.35
-2.03%
-56.46%
The company is a Special Purpose Acquisition Company (SPAC) whose sole purpose is to identify and execute a business combination with a target entity. This activity of pooling capital to acquire private middle-market or public businesses aligns with the strategies of alternative asset managers and private equity groups mentioned in the profile's competition section.
ASPC
ASPAC III Acquisition
$44.47Mn
10.82
-0.55%
+5.05%
The company is a Special Purpose Acquisition Company (SPAC) designed to identify and acquire a private business using pooled capital from public shareholders. Its core activity is managing this capital to execute a business combination, which aligns with the alternative asset management model of deploying capital into non-public strategies.
PLUT
2nd
Plutus Financial
$42.21Mn
2.75
+7.84%
-4.51%
The company manages hedge funds through Plutus Asset Management Limited, which involves managing pooled alternative investment capital for high net worth and private company customers.
DTSQ
DT Cloud Star Acquisition
$41.54Mn
11.37
+0.00%
+8.60%
DT Cloud Star Acquisition is a Special Purpose Acquisition Company (SPAC) that manages pooled capital from public shareholders and sponsors to acquire a target business. This activity aligns with alternative asset management, as it involves managing a pooled investment vehicle to execute a private equity-style acquisition strategy.
BSAA
BEST SPAC I Acquisition
$41.22Mn
10.85
-0.91%
+8.28%
The company is a Special Purpose Acquisition Company (SPAC) whose sole purpose is to identify and execute a business combination with a target company. This activity of managing pooled capital for the purpose of acquiring private businesses aligns with the alternative asset management model of private equity and venture capital strategies.
LKSP
Lake Superior Acquisition
$39.18Mn
10.22
+0.00%
—
Lake Superior Acquisition Corp is a special purpose acquisition company (SPAC) whose sole purpose is to effect a business combination, acting as a vehicle for pooled capital to acquire private businesses. This aligns with the Alternative Asset Managers category as it manages capital for institutional and high-net-worth investors to execute illiquid, non-public acquisition strategies.
CAPN
Cayson Acquisition
$38.66Mn
11.18
-1.84%
+7.71%
Cayson Acquisition Corp is a special purpose acquisition company (SPAC) that competes with private equity groups and leveraged buyout funds to acquire target businesses. Its core activity is managing a pool of capital raised via IPO and private placement to execute a business combination, which aligns with the alternative asset management model of pursuing illiquid, non-public strategies.
TRLC
TriLinc Global Impact Fund
$38.22Mn
0.80
+0.00%
-18.37%
TriLinc Global Impact Fund operates as an externally managed fund that invests in illiquid, non-public strategies, specifically providing direct loans, structured credit, and equity to SMEs in developing economies. It earns revenue from interest income and realized capital gains on these alternative investments, fitting the profile of an alternative asset manager.
MLCI
Mount Logan Capital
$35.80Mn
3.20
-1.54%
-32.63%
Mount Logan Capital operates an Asset Management segment that manages pooled alternative investment capital, specifically focusing on private credit, senior secured lending, and venture/growth lending. It earns revenue through management fees, servicing fees, and performance fees from vehicles including a BDC platform and interval funds like SOFIX and ACIF.
YHNA
YHN Acquisition I
$34.67Mn
11.04
+0.55%
+5.54%
YHN Acquisition I is a special purpose acquisition company (SPAC) that manages pooled capital from IPO and PIPE investors to identify and acquire private businesses. Its core activity is the management of this capital for the purpose of a business combination, which aligns with the alternative asset management model of managing pooled capital for institutional and high-net-worth investors.
GRNQ
2nd
Greenpro Capital
$33.90Mn
18.70
+33.38%
+1,338.46%
The company operates a Venture Capital Business segment that identifies investment opportunities in high-growth enterprises and manages a business incubator to support start-ups through critical growth periods.
MDBH
2nd
MDB Capital Holdings
$30.18Mn
2.93
-2.01%
-16.29%
MDB Capital Holdings acts as a venture capital platform, providing seed capital to early-stage technology ventures and earning returns from equity stakes and successful exits such as mergers or IPOs.
SDEV
Stablecoin Development
$27.63Mn
0.89
+2.30%
-93.36%
The company operates as a digital asset investment firm whose primary activity is holding and managing the SKY token to gain exposure to economic participation in a digital financial network. It generates revenue from the appreciation of these holdings, monetization of assets, and staking distributions, which aligns with the model of an alternative asset manager focusing on non-public or digital strategies.
RFAI
RF Acquisition
$25.07Mn
42.00
-0.10%
+295.85%
RF Acquisition Corp II is a special purpose acquisition company (SPAC) whose sole purpose is to identify, source, and execute a business combination with a target company. This activity of managing pooled capital to acquire private businesses in the deep technology sector aligns with the functions of alternative asset managers.
CTRM
2nd
Castor Maritime
$23.00Mn
2.38
+1.28%
+17.82%
Through its Asset Management segment and the acquisition of MPC Capital, the company manages investment structuring and provides asset management for maritime and energy infrastructure projects for institutional investors and family offices.
YTFD
Yale Transaction Finders
$20.74Mn
3.99
+0.00%
+0.00%
Yale Transaction Finders is a blank check company (SPAC) whose sole purpose is to identify and acquire target businesses through mergers or asset purchases. This activity of managing capital to invest in non-public, illiquid companies for long-term growth is the core function of an alternative asset manager.
MDRR
2nd
Medalist Diversified
$20.50Mn
12.59
+4.02%
-7.58%
The company operates a Delaware Statutory Trust (DST) sponsorship program, raising capital through private placements and earning sponsorship and placement fees for structuring and marketing these real-asset investment products to accredited and institutional investors.
WTG
Wintergreen Acquisition
$18.50Mn
10.59
+0.28%
+5.27%
Wintergreen Acquisition Corp. is a blank check company (SPAC) whose core purpose is to identify and execute a business combination, effectively managing a pooled fund of capital for the purpose of acquiring a business. This activity aligns with the alternative asset management model of seeking acquisition targets and leveraging management expertise in mergers and acquisitions to generate returns.
AGLY
Atlantis Glory
$12.08Mn
0.02
+0.00%
-99.02%
Atlantis Glory operates as a blank check entity/shell company whose sole purpose is to identify, evaluate, and acquire an operating business. This activity of deploying capital into private companies to create a combined public entity aligns most closely with the alternative asset management and private equity-style acquisition model described in F-11.
NGLD
Nevada Canyon Gold
$10.58Mn
0.37
-15.91%
-53.75%
The company operates as a precious metals streamer and royalty acquirer, providing upfront capital to developers in exchange for a share of future production. This constitutes managing alternative real-asset strategies for profit, earning returns from the spread on metal streams and royalty payments.
HWKE
Hawkeye Systems
$9.38Mn
0.91
+0.00%
+506.67%
Hawkeye Systems operates as a blank-check company and acquisition vehicle that deploys capital through equity and debt to acquire or merge with businesses. Its core activity is managing a portfolio of investments, such as its membership interest in Rift Cyber LLC and promissory notes in CNTNR USA, Inc., which aligns with the alternative asset management model of sourcing and executing business combinations.
XITO
Xenous Holdings
$7.60Mn
0.01
+0.00%
+0.00%
Xenous Holdings operates as a public shell company whose sole activity is identifying and evaluating potential businesses for acquisition or reverse merger. This activity of managing capital to acquire private operating concerns for the purpose of public market access aligns most closely with the alternative asset management function of seeking and executing illiquid, non-public investment strategies.
SRRE
2nd
Sunrise Real Estate
$5.50Mn
0.08
+0.00%
-52.94%
The company has a Financial Activities segment that generates fee-based income through fund management and entity investment for investors.
CWD
CaliberCos
$5.30Mn
0.51
+0.00%
-78.57%
CaliberCos is an alternative asset management firm that manages pooled private real estate investment funds for accredited investors, including high net worth individuals and family offices. It generates revenue through fund management fees, organizational fees, and performance allocations (carried interest) on investment returns.
FMHS
Farmhouse
$2.86Mn
0.15
+0.00%
+200.00%
Farmhouse operates as a public company platform focused on evaluating strategic acquisitions and emerging opportunities to create shareholder value, which aligns with the activities of alternative asset managers. The company specifically manages a digital asset treasury initiative through Farmhouse Treasury LLC, focusing on capital allocation in Bitcoin and physical gold.
BNBX
2nd
Bnb Plus
$1.17Mn
0.14
+0.00%
-95.22%
The company operates a Digital Asset Treasury segment that manages a pooled portfolio of Binance Coin (BNB) using alternative strategies such as staking, liquidity provision, and DeFi activities to generate yield for the firm.
PLTYF
Plastec Technologies
$258.76K
0.02
+0.00%
+0.00%
The company describes its current strategic focus as the identification and pursuit of new investment opportunities, explicitly stating it competes with venture capital funds and leveraged buyout firms. It seeks to deploy capital into acquisition targets and promising ventures, which aligns with the activity of an alternative asset manager.
AAGH
2nd
America Great Health
$0.00
0.00
—
—
The company operates as an investment entity that targets early-stage biotech projects and realizes returns through equity holdings in firms like GOF Biotechnologies Inc. and Purecell via dividends and profit sharing.
BEGI
Blackstar Enterprise
$0.00
0.00
—
—
BlackStar operates as a merchant banking firm that facilitates venture capital investments in early-stage revenue companies through joint venture investments. This activity of managing capital in non-public, early-stage growth companies aligns with the Alternative Asset Managers category.
FECOF
FEC Resources
$0.00
0.00
—
—
FEC Resources operates as a holding company that invests in non-public or specialized natural resource enterprises, such as Forum Energy Limited, Metalore Mining Corporation, and Lascogon Mining Corporation. Its business model is based on holding equity interests in these alternative assets rather than operating them.
NFSN
Nongfu Shop Digital New Retail
$0.00
0.00
—
—
The company operates as a blank check/shell entity whose sole purpose is to locate and complete a business combination with an operating company. This activity of raising capital to acquire and control private or public businesses is functionally equivalent to the strategies of private equity or leveraged buyout groups, which fall under Alternative Asset Managers.
PNXP
2nd
Pineapple Express Cannabis
$0.00
0.00
—
-100.00%
The company operates a strategic investments and advisory services segment that identifies, develops, and provides capital to early-stage companies in the cannabis and consumer product industries.
