NORTHRIM ADVISER, LLC

Overview

Northrim Adviser, LLC is a private equity fund adviser that manages pooled investment vehicles for institutional clients. The firm acts as sponsor, general partner and managing member on those vehicles, running strategies that emphasize private equity and real estate exposures. Its compensation mix combines percentage-of-assets fees with performance-based fees, which is consistent with a manager seeking both recurring management income and upside capture through carried interest or incentive structures. The adviser is SEC-registered (2023) and operates under an individual ownership structure. It is not positioned as an active ESG investor and does not present itself as a multi-state or pension consultant adviser. The firm’s business activity centers on portfolio management for pooled vehicles rather than separate account advisory for retail clients, reflecting a focus on institutional capital deployment and fund-level governance.

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Location & Offices