{ "crd_number": 323018, "slug": "davern-capital-partners-lp-new-york-ny-323018", "primary_business_name": "DAVERN CAPITAL PARTNERS, LP", "legal_name": "DAVERN CAPITAL PARTNERS, LP", "dbas": [], "city": "New York", "state": "NY", "country": "United States", "cbsa_code": "35620", "metro": { "cbsa_code": "35620", "common_name": "New York", "msa_name": "New York-Newark-Jersey City, NY-NJ", "path": "/advisors/ny/new-york" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2025-08-11", "years_registered": 1, "period": "2026-10-01", "filing_date": "2026-03-27", "carried_forward": false, "raum_total": 715076699.0, "raum_discretionary": 715076699.0, "raum_non_discretionary": 0.0, "raum_band": "500m_1b", "raum_band_label": "$500 million to $1 billion", "total_employees": 4, "advisory_employees": 3, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 55098267.0, "count": 2 }, "sovereign_wealth_foreign_official": { "raum": 659978432.0, "count": 1 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_businesses_institutional", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [], "websites": [ "https://daverncapital.com", "https://linkedin.com/company/davern-capital-partners" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/323018", "city_as_filed": "NEW YORK", "url": "https://advisorcensus.com/firm/davern-capital-partners-lp-new-york-ny-323018", "display_name": "Davern Capital Partners, LP", "summary": "Davern Capital Partners, LP is an SEC-registered investment advisory firm in New York, NY, registered since 2025, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.", "citation": "AdvisorCensus. Davern Capital Partners, LP (CRD 323018): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients" ], "quick_answers": [ { "q": "How is Davern Capital Partners, LP compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Davern Capital Partners, LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "How much does Davern Capital Partners, LP charge?", "a": "Its Form ADV Part 2A brochure dated March 27, 2026 states: Asset-based fee: 1.5% to 1.75% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement." }, { "q": "Where is Davern Capital Partners, LP located?", "a": "Davern Capital Partners, LP's principal office is in New York, NY, according to its Form ADV." }, { "q": "Is Davern Capital Partners, LP registered with the SEC or a state?", "a": "Davern Capital Partners, LP is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 323018." }, { "q": "How much does Davern Capital Partners, LP manage?", "a": "Davern Capital Partners, LP reports $715,076,699 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary)." }, { "q": "What types of clients does Davern Capital Partners, LP serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2); sovereign wealth funds and foreign official institutions (1)." }, { "q": "Which custodians does Davern Capital Partners, LP use?", "a": "Davern Capital Partners, LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Morgan Stanley & Co. International PLC as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Davern Capital Partners, LP report any disciplinary disclosures?", "a": "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/323018" }, { "q": "What changed in Davern Capital Partners, LP's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 2 to 3. Regulatory assets under management went from $57,523,764 to $715,076,699 (+1143%)." } ], "filing_history": [ { "period": "2023-10-01", "regulatory_assets_under_management": null, "total_employees": null, "filing_date": "2023-01-27" }, { "period": "2024-10-01", "regulatory_assets_under_management": null, "total_employees": null, "filing_date": "2024-04-11" }, { "period": "2026-10-01", "regulatory_assets_under_management": 715076699.0, "total_employees": 4, "filing_date": "2026-03-27" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 2 to 3.", "Regulatory assets under management went from $57,523,764 to $715,076,699 (+1143%)." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated March 27, 2026", "provided_by_the_firm": false, "tiers": [], "flat_rate": null, "stated_range": "1.5% to 1.75% a year", "stated_maximum": null, "account_minimum": null, "account_minimum_may_be_waived": false, "minimum_annual_fee": null, "planning_fees": [], "figures": [ { "label": "Asset-based fee", "statements": [ "Asset-based fee: 1.5% to 1.75% a year (a range, as the brochure states it)" ], "quotes": [ "The Firm is paid a management fee (the “Management Fee ”) of between 1.50% and 1.75% per annum based upon the net assets of Fund Investors’ capital account balance, subject to certain reductions as fully set forth in the Offering Documents." ] } ], "values": { "tiers": [], "range_pct": [ 1.5, 1.75 ], "max_pct": null, "account_minimum": null, "minimum_annual_fee": null, "planning": [] }, "quotes": [ "The Firm is paid a management fee (the “Management Fee ”) of between 1.50% and 1.75% per annum based upon the net assets of Fund Investors’ capital account balance, subject to certain reductions as fully set forth in the Offering Documents." ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [ { "name": "Morgan Stanley & Co. International PLC", "name_as_filed": "MORGAN STANLEY & CO. INTERNATIONAL PLC", "affiliated": false } ], "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.", "markdown_url": "https://advisorcensus.com/firm/davern-capital-partners-lp-new-york-ny-323018.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 2, "fewer_than_5": false, "raum": 55098267.0 }, { "type": "sovereign_wealth_foreign_official", "label": "Sovereign wealth funds and foreign official institutions", "count": 1, "fewer_than_5": false, "raum": 659978432.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/323018", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }