AltMountain

Ancora Alternatives LLC

Cleveland, OH · CRD 311902
Hedge fund manager

Ancora Alternatives LLC is an SEC-registered investment adviser based in Cleveland, OH that reports managing 17 hedge funds on Form ADV. It reports $1.1 billion in regulatory assets under management. Its private funds, of all types, hold $1.1 billion in gross assets.

Regulatory assets under management
$1.1 billionForm ADV Item 5.F
Gross assets of private funds
$1.1 billionAll private fund types, Form ADV
Hedge funds managed
1717 private funds in total
Employees
54Form ADV Item 5.A
Registration
SEC-registered adviserCRD 311902
Latest Form ADV
03/31/2026Disciplinary disclosures: yes, see SEC record

Hedge funds filing Form D (16)

Fund
First sale
Raised
Investors
Minimum
YTD performance
Ancora Merlin Institutional, LP
Cleveland, OH
First saleJul 2004
Raised$277M
Investors276
MinimumNone set
YTD performanceNot reported
Ancora Catalyst Institutional, LP
Cleveland, OH
First saleSep 2014
Raised$169M
Investors199
MinimumNone set
YTD performanceNot reported
Ancora Bellator Fund, LP
Cleveland, OH
First saleOct 2023
Raised$168M
Investors237
MinimumNone set
YTD performanceNot reported
Ancora Impact Fund LP - Series AA
Cleveland, OH
First saleJan 2024
Raised$99.7M
Investors41
MinimumNone set
YTD performanceNot reported
Ancora Impact Fund LP - Series EE
Cleveland, OH
First saleJan 2025
Raised$70.8M
Investors51
MinimumNone set
YTD performanceNot reported
Ancora Commodity Institutional LP
Cleveland, OH
First saleOct 2019
Raised$69.7M
Investors123
MinimumNone set
YTD performanceNot reported
Ancora Impact Fund LP - Series FF
Cleveland, OH
First saleNov 2025
Raised$64.2M
Investors29
MinimumNone set
YTD performanceNot reported
Ancora Impact Fund LP - Series BB
Cleveland, OHEmerging
First saleJan 2024
Raised$46.5M
Investors73
MinimumNone set
YTD performanceNot reported
Ancora Merlin Institutional, Ltd.
Grand Cayman, Cayman IslandsOffshore
First saleJan 2017
Raised$43.0M
Investors75
MinimumNone set
YTD performanceNot reported
Ancora Merlin, LP
Cleveland, OH
First saleJan 2017
Raised$33.2M
Investors110
MinimumNone set
YTD performanceNot reported
Ancora Catalyst Institutional, Ltd.
Grand Cayman, Cayman IslandsOffshore
First saleJan 2017
Raised$27.8M
Investors60
MinimumNone set
YTD performanceNot reported
Ancora Catalyst, LP
Cleveland, OH
First saleJan 2017
Raised$20.7M
Investors79
MinimumNone set
YTD performanceNot reported
Ancora Impact Fund LP - Series CC
Cleveland, OHEmerging
First saleNov 2024
Raised$13.6M
Investors52
MinimumNone set
YTD performanceNot reported
Ancora Commodity LP
Cleveland, OHEmerging
First saleMar 2023
Raised$12.6M
Investors32
MinimumNone set
YTD performanceNot reported
Ancora Impact Fund LP - Series DD
Cleveland, OHEmerging
First saleNov 2024
Raised$8.0M
Investors37
MinimumNone set
YTD performanceNot reported
Ancora Impact Fund LP
Cleveland, OH
First sale—
Raised$0
Investors0
MinimumNone set
YTD performanceNot reported

Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.

Private funds reported on Form ADV (12)

Fund
Gross assets
Minimum
Owners
Adviser
Ancora Merlin Institutional, LP
Delaware, United StatesHedge fund
Gross assets$348M
Minimum$200K
Owners170
AdviserAncora Alternatives LLC
Ancora Cataylst Institutional, LP
Delaware, United StatesHedge fund
Gross assets$258M
Minimum$500K
Owners222
AdviserAncora Alternatives LLC
Ancora Bellator Fund, LP
Delaware, United StatesHedge fund
Gross assets$47.8M
Minimum$500K
Owners113
AdviserAncora Alternatives LLC
Ancora Commodity Institutional LP
Delaware, United StatesHedge fund
Gross assets$44.6M
Minimum$500K
Owners80
AdviserAncora Alternatives LLC
Ancora Merlin LP
Delaware, United StatesHedge fund
Gross assets$28.3M
Minimum$200K
Owners74
AdviserAncora Alternatives LLC
Ancora Impact Fund SPC LTD. - Segregated Portfolio H
Delaware, United StatesHedge fund
Gross assets$26.3M
Minimum$500K
Owners29
AdviserAncora Alternatives LLC
Ancora Cataylst, LP
Delaware, United StatesHedge fund
Gross assets$22.3M
Minimum$500K
Owners80
AdviserAncora Alternatives LLC
Ancora Commodity Fund LP
Delaware, United StatesHedge fund
Gross assets$12.4M
Minimum$500K
Owners26
AdviserAncora Alternatives LLC
Ancora Impact Fund SPC LTD. - Segregated Portfolio J
Delaware, United StatesHedge fund
Gross assets$5.5M
Minimum$500K
Owners10
AdviserAncora Alternatives LLC
Ancora Impact Fund SPC LTD. - Segregated Portfolio I
Delaware, United StatesHedge fund
Gross assets$5.3M
Minimum$500K
Owners17
AdviserAncora Alternatives LLC
Ancora Impact Fund SPC LTD. - Segregated Portfolio G
Delaware, United StatesHedge fund
Gross assets$2.6M
Minimum$500K
Owners17
AdviserAncora Alternatives LLC
Ancora Impact Fund SPC LTD. - Segregated Portfolio F
Delaware, United StatesHedge fund
Gross assets$742K
Minimum$500K
Owners25
AdviserAncora Alternatives LLC

As reported in the adviser's Form ADV filed Dec 6, 2024. Funds also listed from Form D are shown above.

Fund vehicles: feeder funds and single-deal vehicles (10)

Fund
Gross assets
Minimum
Owners
Adviser
Ancora Impact Fund LP - Series Z
Delaware, United StatesHedge fund
Gross assets$67.1M
Minimum$500K
Owners1
AdviserAncora Alternatives LLC
Ancora Impact Fund LP - Series V
Delaware, United StatesHedge fund
Gross assets$64.7M
Minimum$500K
Owners289
AdviserAncora Alternatives LLC
Ancora Impact Fund LP - Series U
Delaware, United StatesHedge fund
Gross assets$63.7M
Minimum$500K
Owners95
AdviserAncora Alternatives LLC
Ancora Impact Fund LP - Series X
Delaware, United StatesHedge fund
Gross assets$55.0M
Minimum$500K
Owners251
AdviserAncora Alternatives LLC
Ancora Impact Fund LP - Series W
Delaware, United StatesHedge fund
Gross assets$54.7M
Minimum$500K
Owners97
AdviserAncora Alternatives LLC
Ancora Impact Fund LP - Series S
Delaware, United StatesHedge fund
Gross assets$30.2M
Minimum$500K
Owners151
AdviserAncora Alternatives LLC
Ancora Impact Fund LP - Series N
Delaware, United StatesHedge fund
Gross assets$20.6M
Minimum$500K
Owners278
AdviserAncora Alternatives LLC
Ancora Impact Fund LP - Series Y
Delaware, United StatesHedge fund
Gross assets$16.9M
Minimum$500K
Owners1
AdviserAncora Alternatives LLC
Ancora Impact Fund LP - Series Q
Delaware, United StatesHedge fund
Gross assets$11.7M
Minimum$500K
Owners94
AdviserAncora Alternatives LLC
Ancora Impact Fund LP - Series M
Delaware, United StatesHedge fund
Gross assets$4.0M
Minimum$500K
Owners100
AdviserAncora Alternatives LLC

Feeder funds invest through a master fund; single-deal vehicles (SPVs, co-investments, series) hold one investment.

From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures