Funds Under Management (FUM) — sometimes called Assets Under Management (AUM) — is the total value of capital a firm has under its management at a point in time. For a private credit firm, FUM is typically the aggregate principal balance of the loan book it manages, across all capital sources.
Archer Wealth's FUM of $637m+ includes:
- The Archer Wealth Investment Fund (the wholesale unit trust open to qualified retail investors) - Wholesale mortgage funds and family-office mandates - Institutional warehouse facilities (senior + mezzanine financiers funding specific trusts) - P2P (peer-to-peer) investor capital
Each capital source has its own structure, eligibility criteria and reporting cadence. The FUM headline aggregates them for firm-scale signalling — but investors evaluating a specific fund should look at that fund's NAV and concentration limits, not the firm-wide figure.
FUM is reported as at a point in time and moves with new commitments, repayments, distributions and revaluations.