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Kroll Associates

Kroll Associates is a corporate investigation and risk consulting firm founded by Jules Kroll in 1972.

Kroll Associates

Jules Kroll started Kroll Associates in New York in 1972, initially focusing on private investigation for law firms and companies. The firm became known for tracing hidden assets, exposing fraud, and conducting due diligence in high-stakes corporate disputes. It later expanded into cybersecurity, data breach response, and compliance advisory for global clients. The firm operates through multiple practices: corporate investigations, regulatory compliance, cybersecurity, business intelligence, and fiduciary services such as receiverships and monitorships. Clients include Fortune 500 companies, law firms, hedge funds, and government agencies. Kroll has field offices in the United States and Europe, but does not disclose a management AUM because it does not invest capital on behalf of clients. Kroll employs several thousand professionals worldwide. The firm was acquired by Marsh & McLennan in 2004 for $1.9 billion (per The New York Times, 2004). In 2008, it was sold to the private equity firm Risk Advisory Group; in 2010, it was acquired by Altegrity. After Altegrity filed for bankruptcy in 2015, Kroll was sold to the private equity firm Insight Partners, which took the company private again (per The Wall Street Journal, 2015). Today, Kroll operates as an independent entity under Insight Partners ownership. Kroll is structurally distinct from a family office or asset manager because it sells professional services, not investment returns. Its economic model is fee-for-service. The firm's succession and ownership have shifted repeatedly through private equity deals, making governance opaque. Its closest analogues are litigation consultancies and corporate intelligence boutiques.

Website
kroll.com

General information

Firm type

other

Year founded

1972

AUM

Undisclosed

Location

Region

North America

Country

United States

City

New York

Corporate office

New York, NY, United States

Principals

Jeremy Kroll

Co-Founder

Jules Kroll

Founder

Sector focus

Corporate InvestigationsRisk ManagementCybersecurityFiduciary Services

Frequently asked questions

Does Kroll Associates invest capital as a family office?

No. Kroll Associates is a professional services firm providing corporate investigations, risk management, and compliance advisory. It does not manage investment capital on behalf of clients or operate as an asset manager. Its revenue comes from fees, not investment returns.

What services does Kroll Associates offer?

Kroll's offerings include corporate investigations, due diligence, asset tracing, fraud examination, cybersecurity, data breach response, regulatory compliance, and fiduciary services like monitorships and receiverships (per the firm's website).

Who owns Kroll Associates?

Kroll Associates is currently owned by Insight Partners, a private equity firm that acquired it in 2015 following Altegrity's bankruptcy (per The Wall Street Journal, 2015). It has changed ownership multiple times since being sold by its founders.

What type of clients does Kroll Associates serve?

Kroll advises law firms, corporations, financial institutions, government agencies, and high-net-worth individuals on complex corporate disputes, regulatory matters, and risk mitigation.

How does Kroll Associates differ from an asset manager or family office?

Kroll is a professional services firm, not an investment vehicle. It does not deploy capital or manage portfolios. Its focus is on investigative and advisory work, making it comparable to a litigation consultancy or corporate intelligence boutique rather than a family office.

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