# Enterprise Investors

> Enterprise Investors is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 24, 2026.

- CRD: 160833
- Filed as: ENTERPRISE INVESTORS
- Legal name: Enterprise Investors Corporation
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/160833
- AdvisorCensus page: https://advisorcensus.com/firm/enterprise-investors-new-york-ny-160833

## Quick answers

**How is Enterprise Investors compensated?**
On its Form ADV (Item 5.E, October 2026), Enterprise Investors reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Enterprise Investors located?**
Enterprise Investors' principal office is in New York, NY, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Enterprise Investors registered with the SEC or a state?**
Enterprise Investors is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 160833.

**How much does Enterprise Investors manage?**
Enterprise Investors reports $1,259,681,720 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (100% discretionary).

**How have Enterprise Investors' assets and staff changed since 2021?**
In the Form ADV data for Enterprise Investors: Regulatory assets under management: $860,365,624 in the October 2021 data and $1,259,681,720 in the October 2026 data, up 46%. Total employees: 39 in October 2021 and 36 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Enterprise Investors serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (9).

**Does Enterprise Investors report any disciplinary disclosures?**
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.D(4) (another regulator's order in the past ten years). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/160833

**Does Enterprise Investors state an account minimum?**
Its Form ADV Part 2A brochure dated March 24, 2026 says: "Subject to applicable regulatory requirements (if any), in general, there is no minimum investment commitment required of a limited partner to participate in an EI Fund."

**What changed in Enterprise Investors' recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 26 to 24.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 24, 2026)

- Account minimum: None

> Subject to applicable regulatory requirements (if any), in general, there is no minimum investment commitment required of a limited partner to participate in an EI Fund.

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

### Regulatory assets under management (Item 5.F)
- Total: $1,259,681,720
- Discretionary: $1,259,681,720
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 9 | $1,259,681,720 |

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

### Firm details
- Registered since: 2012 (14 years)
- Employees: 36 total, 24 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/160833

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Warsaw

### Websites listed on Form ADV (Item 1.I)
- [ei.com.pl](https://ei.com.pl)
- LinkedIn @enterprise-investors

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $860,365,624 | 39 | July 12, 2021 |
| October 2022 | $824,461,923 | 39 | March 30, 2022 |
| October 2023 | $1,264,036,151 | 37 | March 30, 2023 |
| October 2024 | $1,606,346,360 | 39 | March 28, 2024 |
| October 2025 | $1,183,954,789 | 39 | March 27, 2025 |
| October 2026 | $1,259,681,720 | 36 | March 24, 2026 |

Regulatory assets under management: $860,365,624 in the October 2021 data and $1,259,681,720 in the October 2026 data, up 46%.
Total employees: 39 in October 2021 and 36 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 26 to 24.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Enterprise Investors (CRD 160833): Form ADV filing data as of October 2026.