# Develop Capital Partners, LP.

> Develop Capital Partners, LP. is an SEC-registered investment advisory firm in Pittsford, NY, registered since 2026, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated January 28, 2026.

- CRD: 338965
- Filed as: DEVELOP CAPITAL PARTNERS, LP.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Pittsford, NY
- Filing period: October 2026
- Form ADV filing dated: January 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/338965
- AdvisorCensus page: https://advisorcensus.com/firm/develop-capital-partners-lp-pittsford-ny-338965

## Quick answers

**How is Develop Capital Partners, LP. compensated?**
On its Form ADV (Item 5.E, October 2026), Develop Capital Partners, LP. reports these compensation arrangements: fixed fees (other than subscription fees); performance-based fees.

**Where is Develop Capital Partners, LP. located?**
Develop Capital Partners, LP.'s principal office is in Pittsford, NY, according to its Form ADV.

**Is Develop Capital Partners, LP. registered with the SEC or a state?**
Develop Capital Partners, LP. is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 338965.

**How much does Develop Capital Partners, LP. manage?**
Develop Capital Partners, LP. reports $940,000,000 in regulatory assets under management in its Form ADV filing dated January 28, 2026 (0% discretionary).

**What types of clients does Develop Capital Partners, LP. serve?**
By number of clients on Form ADV Item 5.D: other (1).

**Which custodians does Develop Capital Partners, LP. use?**
Develop Capital Partners, LP.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Northern Trust as a custodian holding 10% or more of its separately managed account assets.

**Does Develop Capital Partners, 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/338965

**Does Develop Capital Partners, LP. state an account minimum?**
Its Form ADV Part 2A brochure dated January 14, 2026 says: "There are no minimum account size or other requirements for opening or maintaining an advisory relationship with the Firm at this time."

**What changed in Develop Capital Partners, LP.'s recent Form ADV filings?**
In the March 2026 filing data: Newly registered with the SEC.

## From the Form ADV filing

### Compensation (Item 5.E)
- Fixed fees (other than subscription fees)
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated January 14, 2026)

- Account minimum: None

> There are no minimum account size or other requirements for opening or maintaining an advisory relationship with the Firm at this time.

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

### Custodians (Schedule D, Section 5.K(3))
- Northern Trust

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.

### Regulatory assets under management (Item 5.F)
- Total: $940,000,000
- Discretionary: $0
- Non-discretionary: $940,000,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 1 | $940,000,000 |

### Advisory services (Item 5.G)
- Other

### Firm details
- Registered since: 2026 (0 years)
- Employees: 4 total, 4 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- develop-capital.com

## Changes in the filing (last 12 months)

### March 2026
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Develop Capital Partners, LP. (CRD 338965): Form ADV filing data as of October 2026.