# 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.

- CRD: 311762
- Filed as: CONDIRE MANAGEMENT, LP
- Also doing business as: CONDIRE INVESTORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Dallas, TX
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/311762
- AdvisorCensus page: https://advisorcensus.com/firm/condire-management-lp-dallas-tx-311762

## Quick answers

**How 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

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

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Asset-based fee: 1.5% of assets a year

> 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 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 brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $1,860,020,618
- Discretionary: $1,860,020,618
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 5 | $1,860,020,618 |

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

### Firm details
- Registered since: 2020 (5 years)
- Employees: 11 total, 7 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)
- condireinvestorsllc.com
- LinkedIn @condireinvestorsllc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $771,915,317 | 8 | March 30, 2021 |
| October 2022 | $872,100,632 | 7 | April 28, 2022 |
| October 2023 | $1,245,172,421 | 10 | May 25, 2023 |
| October 2024 | $1,237,949,965 | 11 | March 29, 2024 |
| October 2025 | $1,195,499,600 | 12 | March 31, 2025 |
| October 2026 | $1,860,020,618 | 11 | March 31, 2026 |

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.

## 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%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Condire Management, LP (CRD 311762): Form ADV filing data as of October 2026.