# Discerene Group LP

> 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.

- CRD: 154396
- Filed as: DISCERENE GROUP LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Stamford, CT
- Filing period: October 2026
- Form ADV filing dated: August 20, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/154396
- AdvisorCensus page: https://advisorcensus.com/firm/discerene-group-lp-stamford-ct-154396

## Quick answers

**How is Discerene Group LP compensated?**
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.

**Where is Discerene Group LP located?**
Discerene Group LP's principal office is in Stamford, CT, according to its Form ADV.

**Is Discerene Group LP registered with the SEC or a state?**
Discerene Group LP is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 154396.

**How much does Discerene Group LP manage?**
Discerene Group LP reports $2,532,020,000 in regulatory assets under management in its Form ADV filing dated August 20, 2026 (100% discretionary).

**How have Discerene Group LP's assets and staff changed since 2021?**
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.

**What types of clients does Discerene Group LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (10).

**Which custodians does Discerene Group LP use?**
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.

**Does Discerene Group 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/154396

**What changed in Discerene Group LP's recent Form ADV filings?**
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).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- BNP Paribas Securities Services
- Goldman Sachs & Co. LLC

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: $2,532,020,000
- Discretionary: $2,532,020,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 10 | $2,085,682,000 |
| Corporations or other businesses not listed above | Fewer than 5 | $446,338,000 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2014 (12 years)
- Employees: 11 total, 11 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- discerene.com
- discerene.podbean.com/page/2
- music.amazon.com/podcasts/c7a90f09-6c65-4382-9e02-bf7b4aef983f/discerene-conversations
- open.spotify.com/show/6PSXww2RBtyZ3vBesDxIiY
- podcasts.apple.com/us/podcast/discerene-conversations/id1745354827
- LinkedIn @discerene-value-advisors-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,456,657,234 | 10 | March 29, 2021 |
| October 2022 | $1,916,868,808 | 12 | May 2, 2022 |
| October 2023 | $2,021,099,827 | 12 | March 30, 2023 |
| October 2024 | $2,391,283,000 | 11 | May 1, 2024 |
| October 2025 | $2,300,105,000 | 11 | March 26, 2025 |
| October 2026 | $2,532,020,000 | 11 | August 20, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- 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).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Discerene Group LP (CRD 154396): Form ADV filing data as of October 2026.