AdvisorCensus / Financial advisors / Illinois / Chicago / 5th Century Partners
5th Century Partners
Filed as 5TH CENTURY PARTNERS · Legal name 5th Century Partners LP
5th Century Partners is an SEC-registered investment advisory firm in Chicago, IL, registered since 2024, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated July 30, 2026.
Quick answers
From the filingHow is 5th Century Partners compensated?
On its Form ADV (Item 5.E, October 2026), 5th Century Partners reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other.
Where is 5th Century Partners located?
5th Century Partners' principal office is in Chicago, IL, according to its Form ADV.
Is 5th Century Partners registered with the SEC or a state?
5th Century Partners is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 313522.
How much does 5th Century Partners manage?
5th Century Partners reports $521,151,569 in regulatory assets under management in its Form ADV filing dated July 30, 2026 (100% discretionary).
How have 5th Century Partners' assets and staff changed since 2021?
In the Form ADV data for 5th Century Partners: Regulatory assets under management: $241,746,602 in the October 2024 data and $521,151,569 in the October 2026 data, up 116%. Total employees: 11 in October 2024 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does 5th Century Partners serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (5).
Does 5th Century Partners 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/313522
Does 5th Century Partners state an account minimum?
Its Form ADV Part 2A brochure dated March 31, 2026 says: "The Funds typically require capital commitments from each limited partner of at least $5 million, although the applicable Fund’s General Partner has, in its sole discretion, accepted lesser amounts."
What changed in 5th Century Partners' recent Form ADV filings?
In the April 2026 filing data: Employees performing advisory functions went from 12 to 14. Regulatory assets under management went from $397,881,210 to $521,151,569 (+31%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Performance-based fees
- Other
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAccount minimum: $5,000,000 (the brochure says it may be waived or negotiated)
The brochure's wording
The Funds typically require capital commitments from each limited partner of at least $5 million, although the applicable Fund’s General Partner has, in its sole discretion, accepted lesser amounts.
As stated in the firm's Form ADV Part 2A brochure dated March 31, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$521,151,569 as of October 2026, filing dated July 30, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for pooled investment vehicles (other than investment companies)
- Other
Registration and firm details
Items 1, 2, 5- Legal name
- 5th Century Partners LP
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2024 (2 years)
- Employees
- Total: 14. Performing investment advisory functions: 14.
- Wrap fee program participation
- No.
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $521,151,569 | 14 | July 30, 2026 |
| October 2025 | $397,881,210 | 12 | March 31, 2025 |
| October 2024 | $241,746,602 | 11 | June 28, 2024 |
| October 2023 | Not reported | Not reported | March 31, 2023 |
| October 2022 | Not reported | Not reported | March 30, 2022 |
| October 2021 | Not reported | Not reported | May 5, 2021 |
Regulatory assets under management: $241,746,602 in the October 2024 data and $521,151,569 in the October 2026 data, up 116%.
Total employees: 11 in October 2024 and 14 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Employees performing advisory functions went from 12 to 14.
- Regulatory assets under management went from $397,881,210 to $521,151,569 (+31%).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. 5th Century Partners (CRD 313522): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/5th-century-partners-chicago-il-313522