# CIC Partners Management LLC

> CIC Partners Management LLC is an SEC-registered investment advisory firm in Dallas, TX, registered since 2012, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 29, 2026.

- CRD: 158019
- Filed as: CIC PARTNERS MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Dallas, TX
- Filing period: October 2026
- Form ADV filing dated: April 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/158019
- AdvisorCensus page: https://advisorcensus.com/firm/cic-partners-management-llc-dallas-tx-158019

## Quick answers

**How is CIC Partners Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), CIC Partners Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**What does CIC Partners Management LLC's brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 24, 2026 states: Asset-based fee: up to 2% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is CIC Partners Management LLC located?**
CIC Partners Management LLC's principal office is in Dallas, TX, according to its Form ADV.

**Is CIC Partners Management LLC registered with the SEC or a state?**
CIC Partners Management LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 158019.

**How much does CIC Partners Management LLC manage?**
CIC Partners Management LLC reports $438,027,176 in regulatory assets under management in its Form ADV filing dated April 29, 2026 (100% discretionary).

**How have CIC Partners Management LLC's assets and staff changed since 2021?**
In the Form ADV data for CIC Partners Management LLC: Regulatory assets under management: $367,579,690 in the October 2021 data and $438,027,176 in the October 2026 data, up 19%. Total employees: 15 in October 2021 and 17 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does CIC Partners Management LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

**Does CIC Partners Management 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/158019

**What changed in CIC Partners Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $546,489,536 to $438,027,176 (-20%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 24, 2026)

- Asset-based fee: up to 2% of assets a year (the maximum the brochure states)

> Our current management fees will typically be up to 2% of capital committed to the relevant CIC Investment Vehicle during the investment period and up to 2% of invested capital remaining following the investment period

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $438,027,176
- Discretionary: $438,027,176
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $438,027,176 |

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

### Firm details
- Registered since: 2012 (14 years)
- Employees: 17 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- cicpartners.com
- LinkedIn @CIC-PARTNERS

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $367,579,690 | 15 | April 1, 2021 |
| October 2022 | $349,529,151 | 15 | March 31, 2022 |
| October 2023 | $586,771,381 | 15 | April 26, 2023 |
| October 2024 | $585,368,564 | 16 | May 22, 2024 |
| October 2025 | $546,489,536 | 15 | March 25, 2025 |
| October 2026 | $438,027,176 | 17 | April 29, 2026 |

Regulatory assets under management: $367,579,690 in the October 2021 data and $438,027,176 in the October 2026 data, up 19%.
Total employees: 15 in October 2021 and 17 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $546,489,536 to $438,027,176 (-20%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. CIC Partners Management LLC (CRD 158019): Form ADV filing data as of October 2026.