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Advanced Portfolio Strategies
Advanced Portfolio Strategies is an SEC-registered investment adviser in Torrance, CA, registered since 2024. The firm manages $217 million in assets, with...
Overview
Advanced Portfolio Strategies is an SEC-registered investment adviser in Torrance, CA, registered since 2024. The firm manages $217 million in assets, with $176 million on a discretionary basis. It has 6 employees and 4 investment advisers.
General information
Firm type
Asset Manager
Principals
Garrett D'Alessandro
CEO & Chief Investment Officer
David R. Sasso
Vice President, Private Investments
Sector focus
Frequently asked questions
Who runs investment decisions at Advanced Portfolio Strategies?
Garrett D'Alessandro serves as CEO and Chief Investment Officer, leading all portfolio construction and manager selection decisions. His career includes prior roles at institutional fund-of-funds and single-family offices, where he developed the manager-selection framework that anchors the firm's process. David R. Sasso supports private investment due diligence as Vice President.
How does the firm access private markets for its clients?
The firm uses a mix of primary fund commitments, secondary market purchases, and direct co-investments alongside general partners. This three-pronged approach allows clients to build vintage-year diversification while selectively concentrating capital in high-conviction direct deals sourced through existing GP relationships.
What asset classes does the firm allocate to?
Portfolios span private equity (buyout, growth, venture), private credit (direct lending, special situations, distressed), real estate (core-plus and opportunistic), and hedge fund strategies. Public equity and fixed income allocations serve as liquidity sleeves within an otherwise illiquidity-biased portfolio.
How is the firm compensated?
As a registered investment advisor, Advanced Portfolio Strategies charges an advisory fee based on assets under advisement. The firm does not earn placement fees, transaction fees, or carried interest from underlying managers, maintaining a fiduciary standard that aligns its compensation solely with client portfolio performance.
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