Investment adviser · CRD 105596

AON INVESTMENTS USA INC.

Investment adviser filing (IA)

CHICAGO, IL, United States · Form ADV filed Mar 25, 2026

Regulatory AUM: $151B
Client accounts: 300
Employees: 255
Advisory professionals: 248

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Retirement plans	272	$112,660,440,350	74.6%
Pooled investment vehicles	31	$34,429,124,633	22.8%
Other clients	72	$2,587,276,162	1.7%
Charities	8	$1,182,431,625	0.8%
Government entities	32	$127,130,051	0.1%
Individuals	Fewer than 5	$0	0.0%
High-net-worth individuals	Fewer than 5	$0	0.0%
Banks & thrifts	20	$0	0.0%
Investment companies	3	$0	0.0%
Insurance companies	Fewer than 5	$0	0.0%
Corporations & businesses	139	$0	0.0%

Filing source

Form ADV 2070397 · Mar 25, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

29 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

AON ALTERNATIVES FUND SPC - AON RETURN ENHANCING ALTERNATIVES PORTFOLIO SPHedge Fund · Last reported Mar 25, 2026$881MGross asset value

Form D fundraising filings

Aon Alternatives Fund SPC - Aon Return Enhancing Alternatives Portfolio SP

Fund administrator NORTHERN TRUST HEDGE FUND SERVICES LLC CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG GRAND CAYMAN, Cayman Islands

Custodian THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No

Marketer AON SECURITIES LLC CHICAGO, Illinois, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG
PCAOB 42

AON SECURITIES LLC
CRD 4138 · SEC 801-106546

Fund details & source

Fund ID: 805-6769079117
Reported beneficial owners: 44
Minimum commitment: $1M
Form D file number: 021-312060

Form ADV 2070397 · Mar 25, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

AON PRIVATE CREDIT OPPORTUNITIES FUND II, LPOther Private Fund · Last reported Mar 25, 2026$428MGross asset value

Form D fundraising filings

Aon Private Credit Opportunities Fund II, LP

Fund administrator NORTHERN TRUST HEDGE FUND SERVICES LLC CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG MINNEAPOLIS, Minnesota, United States

Custodian THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No

Marketer AON SECURITIES LLC CHICAGO, Illinois, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG
PCAOB 42

AON SECURITIES LLC
CRD 4138 · SEC 801-106546

Fund details & source

Fund ID: 805-7501809438
Reported beneficial owners: 46
Minimum commitment: $0
Form D file number: 021-463300

Form ADV 2070397 · Mar 25, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

AON ALTERNATIVES FUND SPC - AON OPPORTUNISTIC CREDIT PORTFOLIO SPHedge Fund · Last reported Mar 25, 2026$245MGross asset value

Form D fundraising filings

Aon Alternatives Fund SPC - Aon Opportunistic Credit Portfolio SP

Fund administrator NORTHERN TRUST HEDGE FUND SERVICES LLC CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG GRAND CAYMAN, Cayman Islands

Custodian THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No

Marketer AON SECURITIES LLC CHICAGO, Illinois, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG
PCAOB 42

AON SECURITIES LLC
CRD 4138 · SEC 801-106546

Fund details & source

Fund ID: 805-6141031406
Reported beneficial owners: 30
Minimum commitment: $1M
Form D file number: 021-372749

Form ADV 2070397 · Mar 25, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

KHF FUND, LPOther Private Fund · Last reported Mar 25, 2026$189MGross asset value

Fund administrator U.S. BANCORP FUND SERVICES, LLC (D/B/A U.S. BANK GLOBAL FUND SERVICES) MILWAUKEE, Wisconsin, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG MINNEAPOLIS, Minnesota, United States

Custodian U.S. BANK NATIONAL ASSOCIATION ST. PAUL, Minnesota, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

ERNST & YOUNG
PCAOB 42

Fund details & source

Fund ID: 805-3435580383
Reported beneficial owners: 2
Minimum commitment: $0
Form D file number: 021-46356

Form ADV 2070397 · Mar 25, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

AON PRIVATE CREDIT OPPORTUNITIES FUND, LLCOther Private Fund · Last reported Mar 25, 2026$125MGross asset value

Form D fundraising filings

Aon Private Credit Opportunities Fund, LLC

Fund administrator NORTHERN TRUST HEDGE FUND SERVICES LLC CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG MINNEAPOLIS, Minnesota, United States

Custodian THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No

Marketer AON SECURITIES LLC CHICAGO, Illinois, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG
PCAOB 42

THE NORTHERN TRUST COMPANY
LEI CIK 0000073124

AON SECURITIES LLC
CRD 4138 · SEC 801-106546

Fund details & source

Fund ID: 805-1825039669
Reported beneficial owners: 15
Minimum commitment: $0
Form D file number: 021-307471

Form ADV 2070397 · Mar 25, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

AON DIVERSIFYING ALTERNATIVES PORTFOLIO LTD.Hedge Fund · Last reported Mar 25, 2026$117MGross asset value

Form D fundraising filings

Aon Diversifying Alternatives Portfolio Fund Ltd.

Fund administrator THE BANK OF NEW YORK MELLON WILMINGTON, Delaware, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LTD. GRAND CAYMAN, Cayman Islands

Custodian BANK OF NEW YORK MELLON WILMINGTON, Delaware, United States Related to adviser: No

Marketer AON SECURITIES LLC CHICAGO, Illinois, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG LTD.
PCAOB 42

AON SECURITIES LLC
CRD 4138 · SEC 801-106546

Fund details & source

Fund ID: 805-8919321132
Reported beneficial owners: 18
Minimum commitment: $0
Form D file number: 021-197370

Form ADV 2070397 · Mar 25, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

AON PRIVATE INVESTMENTS FUND, LP - PRIVATE CREDIT SERIESOther Private Fund · Last reported Mar 25, 2026$110MGross asset value

Fund administrator NORTHERN TRUST HEDGE FUND SERVICES LLC CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP MINNEAPOLIS, Minnesota, United States

Custodian THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No

Marketer AON SECURITIES LLC CHICAGO, Illinois, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG LLP
PCAOB 42

AON SECURITIES LLC
CRD 4138 · SEC 801-106546

Fund details & source

Fund ID: 805-8823554665
Reported beneficial owners: 26
Minimum commitment: $0

Form ADV 2070397 · Mar 25, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Mar 25, 2026. View historical filings

Reported services

Investment company portfolio management · Pooled investment vehicle management · Business portfolio management · Pension consulting · Selection of other advisers · Educational seminars

Compensation

Percentage of assets · Hourly · Fixed

Principal office

200 EAST RANDOLPH STREET, SUITE 600
CHICAGO, IL, 60601, United States

CRD 105596

Filing source

Form ADV 2070397 · Mar 25, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.