AdvisorCensus / Financial advisors / Texas / Dallas / Condire Management, LP
Condire Management, LP is an SEC-registered investment advisory firm in Dallas, TX, registered since 2020, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.
Quick answers
From the filingHow is Condire Management, LP compensated?
On its Form ADV (Item 5.E, October 2026), Condire Management, LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees.
How much does Condire Management, LP charge?
Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: 1.5% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Condire Management, LP located?
Condire Management, LP's principal office is in Dallas, TX, according to its Form ADV.
Is Condire Management, LP registered with the SEC or a state?
Condire Management, LP is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 311762.
How much does Condire Management, LP manage?
Condire Management, LP reports $1,860,020,618 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).
How have Condire Management, LP's assets and staff changed since 2021?
In the Form ADV data for Condire Management, LP: Regulatory assets under management: $771,915,317 in the October 2021 data and $1,860,020,618 in the October 2026 data, up 141%. Total employees: 8 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 Condire 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 Condire 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/311762
Does Condire Management, LP state an account minimum?
Its Form ADV Part 2A brochure dated March 31, 2026 says: "The minimum initial capital contribution or subscription amount required for an investor in the Funds is generally $1,000,000, although capital contributions or subscriptions of lesser amounts may be accepted at our discretion (subject to applicable law)."
What changed in Condire 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 $1,195,499,600 to $1,860,020,618 (+56%).
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
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 2AAsset-based fee: 1.5% of assets a year
The brochure's wording
We generally are entitled to receive a management fee from our clients, at an annual rate of 1.50% per annum of the capital account balance of each limited partner as outlined in each Fund’s offering documents.
Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)
The brochure's wording
The minimum initial capital contribution or subscription amount required for an investor in the Funds is generally $1,000,000, although capital contributions or subscriptions of lesser amounts may be accepted at our discretion (subject to applicable law).
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$1,860,020,618 as of October 2026, filing dated March 31, 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- Also doing business as
- CONDIRE INVESTORS, LLC
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2020 (5 years)
- Employees
- Total: 11. Performing investment advisory functions: 7.
- 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 | $1,860,020,618 | 11 | March 31, 2026 |
| October 2025 | $1,195,499,600 | 12 | March 31, 2025 |
| October 2024 | $1,237,949,965 | 11 | March 29, 2024 |
| October 2023 | $1,245,172,421 | 10 | May 25, 2023 |
| October 2022 | $872,100,632 | 7 | April 28, 2022 |
| October 2021 | $771,915,317 | 8 | March 30, 2021 |
Regulatory assets under management: $771,915,317 in the October 2021 data and $1,860,020,618 in the October 2026 data, up 141%.
Total employees: 8 in October 2021 and 11 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 8 to 7.
- Regulatory assets under management went from $1,195,499,600 to $1,860,020,618 (+56%).
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. Condire Management, LP (CRD 311762): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/condire-management-lp-dallas-tx-311762