# 12 West Capital Management LP

> 12 West Capital Management LP is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 20, 2026.

- CRD: 160197
- Filed as: 12 WEST CAPITAL MANAGEMENT LP
- Also doing business as: 12 WEST CAPITAL GP LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 20, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/160197
- AdvisorCensus page: https://advisorcensus.com/firm/12-west-capital-management-lp-new-york-ny-160197

## Quick answers

**How is 12 West Capital Management LP compensated?**
On its Form ADV (Item 5.E, October 2026), 12 West Capital Management LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is 12 West Capital Management LP located?**
12 West Capital Management LP's principal office is in New York, NY, according to its Form ADV.

**Is 12 West Capital Management LP registered with the SEC or a state?**
12 West Capital Management LP is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 160197.

**How much does 12 West Capital Management LP manage?**
12 West Capital Management LP reports $1,347,862,740 in regulatory assets under management in its Form ADV filing dated March 20, 2026 (100% discretionary).

**How have 12 West Capital Management LP's assets and staff changed since 2021?**
In the Form ADV data for 12 West Capital Management LP: Regulatory assets under management: $4,154,000,000 in the October 2021 data and $1,347,862,740 in the October 2026 data, down 68%. Total employees: 13 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does 12 West Capital Management LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (5).

**Does 12 West Capital Management LP report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/160197

**What changed in 12 West Capital Management LP's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 8 to 7. Regulatory assets under management went from $1,685,722,520 to $1,347,862,740 (-20%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $1,347,862,740
- Discretionary: $1,347,862,740
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 5 | $1,347,862,740 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2012 (14 years)
- Employees: 11 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $4,154,000,000 | 13 | May 26, 2021 |
| October 2022 | $3,640,390,000 | 12 | July 29, 2022 |
| October 2023 | $1,514,785,139 | 14 | March 31, 2023 |
| October 2024 | $1,678,233,000 | 13 | March 22, 2024 |
| October 2025 | $1,685,722,520 | 12 | March 11, 2025 |
| October 2026 | $1,347,862,740 | 11 | March 20, 2026 |

Regulatory assets under management: $4,154,000,000 in the October 2021 data and $1,347,862,740 in the October 2026 data, down 68%.
Total employees: 13 in October 2021 and 11 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 8 to 7.
- Regulatory assets under management went from $1,685,722,520 to $1,347,862,740 (-20%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. 12 West Capital Management LP (CRD 160197): Form ADV filing data as of October 2026.