{
  "crd_number": 313522,
  "slug": "5th-century-partners-chicago-il-313522",
  "primary_business_name": "5TH CENTURY PARTNERS",
  "legal_name": "5TH CENTURY PARTNERS LP",
  "dbas": [],
  "city": "Chicago",
  "state": "IL",
  "country": "United States",
  "cbsa_code": "16980",
  "metro": {
    "cbsa_code": "16980",
    "common_name": "Chicago",
    "msa_name": "Chicago-Naperville-Elgin, IL-IN",
    "path": "/advisors/il/chicago"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-07-30",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-07-30",
  "carried_forward": false,
  "raum_total": 521151569.0,
  "raum_discretionary": 521151569.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 14,
  "advisory_employees": 14,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 521151569.0,
      "count": 5
    }
  },
  "compensation_types": [
    "other",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "IL"
  ],
  "websites": [
    "https://5cpartners.com",
    "https://linkedin.com/company/5thcenturypartners",
    "https://x.com/5th_Century"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/313522",
  "city_as_filed": "CHICAGO",
  "url": "https://advisorcensus.com/firm/5th-century-partners-chicago-il-313522",
  "display_name": "5th Century Partners",
  "summary": "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.",
  "citation": "AdvisorCensus. 5th Century Partners (CRD 313522): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees",
    "Other"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is 5th Century Partners compensated?",
      "a": "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."
    },
    {
      "q": "Where is 5th Century Partners located?",
      "a": "5th Century Partners' principal office is in Chicago, IL, according to its Form ADV."
    },
    {
      "q": "Is 5th Century Partners registered with the SEC or a state?",
      "a": "5th Century Partners is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 313522."
    },
    {
      "q": "How much does 5th Century Partners manage?",
      "a": "5th Century Partners reports $521,151,569 in regulatory assets under management in its Form ADV filing dated July 30, 2026 (100% discretionary)."
    },
    {
      "q": "How have 5th Century Partners' assets and staff changed since 2021?",
      "a": "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."
    },
    {
      "q": "What types of clients does 5th Century Partners serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (5)."
    },
    {
      "q": "Does 5th Century Partners report any disciplinary disclosures?",
      "a": "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"
    },
    {
      "q": "Does 5th Century Partners state an account minimum?",
      "a": "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.\""
    },
    {
      "q": "What changed in 5th Century Partners' recent Form ADV filings?",
      "a": "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%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2021-05-05"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 241746602.0,
      "total_employees": 11,
      "filing_date": "2024-06-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 397881210.0,
      "total_employees": 12,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 521151569.0,
      "total_employees": 14,
      "filing_date": "2026-07-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 12 to 14.",
        "Regulatory assets under management went from $397,881,210 to $521,151,569 (+31%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$5,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "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."
        ]
      }
    ],
    "quotes": [
      "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."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/5th-century-partners-chicago-il-313522.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 5,
      "fewer_than_5": false,
      "raum": 521151569.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/313522",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}