# CW Industrial Partners, LLC

> CW Industrial Partners, LLC is an SEC-registered investment advisory firm in Cleveland, OH, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 160408
- Filed as: CW INDUSTRIAL PARTNERS, LLC
- Legal name: Capitalworks, LLC
- Also doing business as: CW INDUSTRIAL PARTNERS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Cleveland, OH
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/160408
- AdvisorCensus page: https://advisorcensus.com/firm/cw-industrial-partners-llc-cleveland-oh-160408

## Quick answers

**How is CW Industrial Partners, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), CW Industrial Partners, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is CW Industrial Partners, LLC located?**
CW Industrial Partners, LLC's principal office is in Cleveland, OH, according to its Form ADV.

**Is CW Industrial Partners, LLC registered with the SEC or a state?**
CW Industrial Partners, LLC is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 160408.

**How much does CW Industrial Partners, LLC manage?**
CW Industrial Partners, LLC reports $283,933,229 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have CW Industrial Partners, LLC's assets and staff changed since 2021?**
In the Form ADV data for CW Industrial Partners, LLC: Regulatory assets under management: $180,219,758 in the October 2021 data and $283,933,229 in the October 2026 data, up 58%. Total employees: 10 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does CW Industrial Partners, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4).

**Does CW Industrial 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/160408

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $283,933,229
- Discretionary: $283,933,229
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $283,933,229 |

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

### Firm details
- Registered since: 2017 (9 years)
- Employees: 8 total, 8 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: OH
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- cwindustrials.com
- pe4fams.com
- LinkedIn @cwindustrialpartners-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $180,219,758 | 10 | September 27, 2021 |
| October 2022 | $190,869,362 | 12 | March 31, 2022 |
| October 2023 | $178,954,115 | 8 | August 14, 2023 |
| October 2024 | $211,886,212 | 10 | March 29, 2024 |
| October 2025 | $293,444,315 | 8 | March 31, 2025 |
| October 2026 | $283,933,229 | 8 | March 31, 2026 |

Regulatory assets under management: $180,219,758 in the October 2021 data and $283,933,229 in the October 2026 data, up 58%.
Total employees: 10 in October 2021 and 8 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. CW Industrial Partners, LLC (CRD 160408): Form ADV filing data as of October 2026.