9AT: EXTRACT ADVISORS

other names

EXTRACT ADVISORS
EXTRACT CAPITAL
EXTRACT ADVISORS LLC

Adviser Profile

As of Date	03/20/2026
ADV Location	CALABASAS, CA, United States
Adviser Type - Large advisory firm
Number of Employees	9 -10%
of those in investment advisory functions	9
Registration	SEC, Approved, 07/29/2019
Other registrations (1)	SEC, ERA - Withdrawn, 06/27/2019
Former registrations	EXTRACT ADVISORS LLC

AUM^*	914,421,997 37%
of that, discretionary	914,421,997 37%
Private Fund GAV^*	914,421,997 40%
Avg Account Size	130,631,714 37%
SMA’s	No
Private Funds	8 1
Contact Info	212 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Fund Type	Count	GAV
Fund TypeHedge Fund	Count5	GAV$894,082,696
Fund TypePrivate Equity Fund	Count2	GAV$16,735,490
Fund TypeSecuritized Asset Fund	Count1	GAV$3,603,811

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	#Funds
Adviser NXT CAPITAL INVESTMENT ADVISERS, LLC	Hedge Fund1.9b	Liquidity Fund-	Private Equity Fund149.9m	Real Estate Fund-	Securitized Asset Fund1.2b	Venture Capital Fund-	Other Fund-	Total Private Fund GAV3.2b	AUM6.5b	#Funds18
Adviser EAGLE POINT CREDIT MANAGEMENT LLC	Hedge Fund3.4b	Liquidity Fund-	Private Equity Fund2.4b	Real Estate Fund-	Securitized Asset Fund187.0m	Venture Capital Fund-	Other Fund518.0m	Total Private Fund GAV6.5b	AUM13.2b	#Funds38
Adviser SYCAMORE TREE CAPITAL PARTNERS, L.P.	Hedge Fund161.7m	Liquidity Fund-	Private Equity Fund286.2m	Real Estate Fund-	Securitized Asset Fund3.3b	Venture Capital Fund-	Other Fund-	Total Private Fund GAV3.8b	AUM3.5b	#Funds15
Adviser BRIGHTWOOD CAPITAL ADVISORS, LLC	Hedge Fund3.5b	Liquidity Fund-	Private Equity Fund607.6m	Real Estate Fund-	Securitized Asset Fund1.8b	Venture Capital Fund392.4m	Other Fund-	Total Private Fund GAV6.7b	AUM6.2b	#Funds47
Adviser ATALAYA CAPITAL MANAGEMENT LP	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM9.3b	#Funds-
Adviser LIBREMAX CAPITAL, LLC	Hedge Fund10.6b	Liquidity Fund-	Private Equity Fund548.4m	Real Estate Fund-	Securitized Asset Fund5.9b	Venture Capital Fund-	Other Fund334.4m	Total Private Fund GAV17.4b	AUM13.9b	#Funds72
Adviser NEUBERGER BERMAN INVESTMENT ADVISERS LLC	Hedge Fund10.0b	Liquidity Fund-	Private Equity Fund2.9b	Real Estate Fund-	Securitized Asset Fund3.5b	Venture Capital Fund-	Other Fund3.8b	Total Private Fund GAV20.1b	AUM398.6b	#Funds143
Adviser LUXOR CAPITAL GROUP, LP	Hedge Fund4.2b	Liquidity Fund-	Private Equity Fund685.5m	Real Estate Fund-	Securitized Asset Fund3.4m	Venture Capital Fund-	Other Fund754.7m	Total Private Fund GAV5.6b	AUM5.0b	#Funds36
Adviser ANTARES CAPITAL ADVISERS LLC	Hedge Fund13.9b	Liquidity Fund-	Private Equity Fund4.9b	Real Estate Fund-	Securitized Asset Fund16.0b	Venture Capital Fund-	Other Fund-	Total Private Fund GAV34.9b	AUM47.4b	#Funds77
Adviser MAN INVESTMENT PARTNERS (US) LP	Hedge Fund1.9b	Liquidity Fund-	Private Equity Fund7.6m	Real Estate Fund-	Securitized Asset Fund633.1m	Venture Capital Fund-	Other Fund2.0m	Total Private Fund GAV2.5b	AUM2.9b	#Funds40

Brochure Summary

Overview

The Adviser is an investment advisory firm organized as a limited liability company under the laws of the State of Delaware with its principal place of business in Los Angeles, California. The Adviser commenced operations as an investment adviser in December of 2011 and its relying adviser Extract Advisors (Canada) Inc. commenced operations in December 2010. The Adviser is owned by Darin Milmeister, who serves as the managing member (the “Managing Member”). The Adviser provides discretionary investment advisory services to its clients, which are private pooled investment vehicles (the “Funds”) and may, in the future, include one or more separately managed accounts (the “Separately Managed Accounts” and, together with the Funds, the “Clients”), which are intended for institutional and other sophisticated investors. The Adviser generally has broad and flexible investment authority with respect to the Clients’ investment portfolios. It provides investment advisory services to the Clients based on each Client’s specific investment objectives and strategies as set forth in the Offering Documents

(as such term is defined in Item 5 below). The Adviser does not tailor its advisory services to the individual needs of investors in the Funds. Each Client may have investment restrictions on investing in certain securities or other assets, to the extent such securities are outside of the applicable Client’s existing investment program. Extract currently does not provide investment advisory services to Clients apart from its management of the Funds and does not participate in wrap fee programs. The Adviser does provide certain research and evaluation services to an entity managed by an unaffiliated third party (the “Third Party”), for which the Adviser will receive an asset-based fee for. Such services may include information related to general economic and marketing conditions as well. Extract may, from time to time in the future, serve as the investment adviser or management company for additional funds or other accounts. As of December 31, 2023, the Adviser had approximately $669,551,821 client regulatory assets under management, all of which were managed on a discretionary basis.

EXTRACT ADVISORS

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Brochure Summary

Overview