AdvisorCensus / Financial advisors / Massachusetts / Boston / Berkshire Partners LLC
Berkshire Partners LLC is an SEC-registered investment advisory firm in Boston, MA, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.
Quick answers
From the filingHow is Berkshire Partners LLC compensated?
On its Form ADV (Item 5.E, October 2026), Berkshire Partners LLC reports these compensation arrangements: a percentage of assets under its management; other.
Where is Berkshire Partners LLC located?
Berkshire Partners LLC's principal office is in Boston, MA, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F).
Is Berkshire Partners LLC registered with the SEC or a state?
Berkshire Partners LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 160675.
How much does Berkshire Partners LLC manage?
Berkshire Partners LLC reports $29,003,502,903 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).
How have Berkshire Partners LLC's assets and staff changed since 2021?
In the Form ADV data for Berkshire Partners LLC: Regulatory assets under management: $15,495,881,197 in the October 2021 data and $29,003,502,903 in the October 2026 data, up 87%. Total employees: 131 in October 2021 and 152 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Berkshire Partners LLC serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (37).
Does Berkshire Partners LLC 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/160675
Does Berkshire Partners LLC state an account minimum?
Its Form ADV Part 2A brochure dated March 27, 2026 says: "The Adviser generally requires minimum commitments of $10 million for investors in all Funds, but the Adviser has in the past permitted and will again in the future, in its sole discretion, permit investments below the minimum amounts set forth in the offering documents of such Fund."
What changed in Berkshire Partners LLC's recent Form ADV filings?
In the April 2026 filing data: Added an office in Dubai. Updated its list of owners and control persons (Schedule A).
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
- 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: $10,000,000 (the brochure says it may be waived or negotiated)
The brochure's wording
The Adviser generally requires minimum commitments of $10 million for investors in all Funds, but the Adviser has in the past permitted and will again in the future, in its sole discretion, permit investments below the minimum amounts set forth in the offering documents of such Fund.
As stated in the firm's Form ADV Part 2A brochure dated March 27, 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$29,003,502,903 as of October 2026, filing dated March 27, 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)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2012 (14 years)
- Employees
- Total: 152. Performing investment advisory functions: 93.
- Wrap fee program participation
- No.
- Other offices (Schedule D, Section 1.F)
-
2 other offices, as of the April 2026 filing
- States registered or notice-filed
-
2 states or jurisdictions
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 | $29,003,502,903 | 152 | March 27, 2026 |
| October 2025 | $26,798,147,905 | 147 | June 4, 2025 |
| October 2024 | $23,272,526,513 | 166 | March 29, 2024 |
| October 2023 | $20,225,446,525 | 164 | April 19, 2023 |
| October 2022 | $23,824,862,180 | 146 | July 27, 2022 |
| October 2021 | $15,495,881,197 | 131 | April 29, 2021 |
Regulatory assets under management: $15,495,881,197 in the October 2021 data and $29,003,502,903 in the October 2026 data, up 87%.
Total employees: 131 in October 2021 and 152 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
- Added an office in Dubai.
- Updated its list of owners and control persons (Schedule A).
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. Berkshire Partners LLC (CRD 160675): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/berkshire-partners-llc-boston-ma-160675