# Fairmount Funds Management LLC

> Fairmount Funds Management LLC is an SEC-registered investment advisory firm in West Conshohocken, PA, registered since 2019, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 7, 2026.

- CRD: 284844
- Filed as: FAIRMOUNT FUNDS MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: West Conshohocken, PA
- Filing period: October 2026
- Form ADV filing dated: August 7, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/284844
- AdvisorCensus page: https://advisorcensus.com/firm/fairmount-funds-management-llc-west-conshohocken-pa-284844

## Quick answers

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

**Where is Fairmount Funds Management LLC located?**
Fairmount Funds Management LLC's principal office is in West Conshohocken, PA, according to its Form ADV; the September 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Fairmount Funds Management LLC registered with the SEC or a state?**
Fairmount Funds Management LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 284844.

**How much does Fairmount Funds Management LLC manage?**
Fairmount Funds Management LLC reports $5,799,058,000 in regulatory assets under management in its Form ADV filing dated August 7, 2026 (100% discretionary).

**How have Fairmount Funds Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Fairmount Funds Management LLC: Regulatory assets under management: $700,197,000 in the October 2021 data and $5,799,058,000 in the October 2026 data, up 728%. Total employees: 8 in October 2021 and 30 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Fairmount Funds Management LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4).

**Does Fairmount Funds Management LLC 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/284844

**What changed in Fairmount Funds Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 14 to 12. Regulatory assets under management went from $3,168,724,000 to $5,799,058,000 (+83%).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $5,799,058,000
- Discretionary: $5,799,058,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $5,799,058,000 |

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

### Firm details
- Registered since: 2019 (7 years)
- Employees: 30 total, 12 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- New York, NY
- Philadelphia, PA

### Websites listed on Form ADV (Item 1.I)
- fairmount.com
- fairmountfunds.com
- LinkedIn @fairmount-funds-management-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $700,197,000 | 8 | May 3, 2021 |
| October 2022 | $862,548,839 | 9 | July 1, 2022 |
| October 2023 | $1,481,025,633 | 10 | August 18, 2023 |
| October 2024 | $2,276,508,000 | 21 | August 15, 2024 |
| October 2025 | $3,168,724,000 | 31 | March 31, 2025 |
| October 2026 | $5,799,058,000 | 30 | August 7, 2026 |

Regulatory assets under management: $700,197,000 in the October 2021 data and $5,799,058,000 in the October 2026 data, up 728%.
Total employees: 8 in October 2021 and 30 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 14 to 12.
- Regulatory assets under management went from $3,168,724,000 to $5,799,058,000 (+83%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Fairmount Funds Management LLC (CRD 284844): Form ADV filing data as of October 2026.