{ "crd_number": 154396, "slug": "discerene-group-lp-stamford-ct-154396", "primary_business_name": "DISCERENE GROUP LP", "legal_name": "DISCERENE GROUP LP", "dbas": [], "city": "Stamford", "state": "CT", "country": "United States", "cbsa_code": "14860", "metro": { "cbsa_code": "14860", "common_name": "Bridgeport", "msa_name": "Bridgeport-Stamford-Danbury, CT", "path": "/advisors/ct/bridgeport" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2014-05-22", "years_registered": 12, "period": "2026-10-01", "filing_date": "2026-08-20", "carried_forward": false, "raum_total": 2532020000.0, "raum_discretionary": 2532020000.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 11, "advisory_employees": 11, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "pooled_investment_vehicles": { "raum": 2085682000.0, "count": 10 }, "corporations_other_businesses": { "raum": 446338000.0, "count": null, "fewer_than_5": true } }, "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": [ "CT" ], "websites": [ "https://discerene.com", "https://discerene.podbean.com/page/2", "https://linkedin.com/company/discerene-value-advisors-llc", "https://music.amazon.com/podcasts/c7a90f09-6c65-4382-9e02-bf7b4aef983f/discerene-conversations", "https://open.spotify.com/show/6PSXww2RBtyZ3vBesDxIiY", "https://podcasts.apple.com/us/podcast/discerene-conversations/id1745354827" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/154396", "city_as_filed": "STAMFORD", "url": "https://advisorcensus.com/firm/discerene-group-lp-stamford-ct-154396", "display_name": "Discerene Group LP", "summary": "Discerene Group LP is an SEC-registered investment advisory firm in Stamford, CT, registered since 2014, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 20, 2026.", "citation": "AdvisorCensus. Discerene Group LP (CRD 154396): 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 Discerene Group LP compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Discerene Group LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Discerene Group LP located?", "a": "Discerene Group LP's principal office is in Stamford, CT, according to its Form ADV." }, { "q": "Is Discerene Group LP registered with the SEC or a state?", "a": "Discerene Group LP is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 154396." }, { "q": "How much does Discerene Group LP manage?", "a": "Discerene Group LP reports $2,532,020,000 in regulatory assets under management in its Form ADV filing dated August 20, 2026 (100% discretionary)." }, { "q": "How have Discerene Group LP's assets and staff changed since 2021?", "a": "In the Form ADV data for Discerene Group LP: Regulatory assets under management: $1,456,657,234 in the October 2021 data and $2,532,020,000 in the October 2026 data, up 74%. Total employees: 10 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Discerene Group LP serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (10)." }, { "q": "Which custodians does Discerene Group LP use?", "a": "Discerene Group LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNP Paribas Securities Services and Goldman Sachs & Co. LLC as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Discerene Group 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/154396" }, { "q": "What changed in Discerene Group LP's recent Form ADV filings?", "a": "In the April 2026 filing data: Regulatory assets under management went from $2,300,105,000 to $2,532,020,000 (+10%). Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 1456657234.0, "total_employees": 10, "filing_date": "2021-03-29" }, { "period": "2022-10-01", "regulatory_assets_under_management": 1916868808.0, "total_employees": 12, "filing_date": "2022-05-02" }, { "period": "2023-10-01", "regulatory_assets_under_management": 2021099827.0, "total_employees": 12, "filing_date": "2023-03-30" }, { "period": "2024-10-01", "regulatory_assets_under_management": 2391283000.0, "total_employees": 11, "filing_date": "2024-05-01" }, { "period": "2025-10-01", "regulatory_assets_under_management": 2300105000.0, "total_employees": 11, "filing_date": "2025-03-26" }, { "period": "2026-10-01", "regulatory_assets_under_management": 2532020000.0, "total_employees": 11, "filing_date": "2026-08-20" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $2,300,105,000 to $2,532,020,000 (+10%).", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "BNP Paribas Securities Services", "name_as_filed": "BNP PARIBAS SECURITIES SERVICES", "affiliated": false }, { "name": "Goldman Sachs & Co. LLC", "name_as_filed": "GOLDMAN SACHS & CO. LLC", "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/discerene-group-lp-stamford-ct-154396.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 10, "fewer_than_5": false, "raum": 2085682000.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": null, "fewer_than_5": true, "raum": 446338000.0 } ], "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/154396", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }