{ "crd_number": 163076, "slug": "falfurrias-management-partners-lp-charlotte-nc-163076", "primary_business_name": "FALFURRIAS MANAGEMENT PARTNERS LP", "legal_name": "FALFURRIAS MANAGEMENT PARTNERS LP", "dbas": [ "FALFURRIAS EQUITY PARTNERS II LLC (RELYING ADVISER)", "FALFURRIAS EQUITY PARTNERS III LLC (RELYING ADVISER)", "FALFURRIAS EQUITY PARTNERS IV LLC (RELYING ADVISER)", "FALFURRIAS EQUITY PARTNERS V LLC (RELYING ADVISOR)", "FALFURRIAS EQUITY PARTNERS VI LLC (RELYING ADVISER)", "FALFURRIAS GROWTH PARTNERS GP I LLC (RELYING ADVISOR)" ], "city": "Charlotte", "state": "NC", "country": "United States", "cbsa_code": "16740", "metro": { "cbsa_code": "16740", "common_name": "Charlotte", "msa_name": "Charlotte-Concord-Gastonia, NC-SC", "path": "/advisors/nc/charlotte" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2015-07-13", "years_registered": 11, "period": "2026-10-01", "filing_date": "2026-03-31", "carried_forward": false, "raum_total": 3712074667.0, "raum_discretionary": 3712074667.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 55, "advisory_employees": 46, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 3712074667.0, "count": 7 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "NC" ], "websites": [ "https://falfurrias.com", "https://linkedin.com/company/falfurrias" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/163076", "city_as_filed": "CHARLOTTE", "url": "https://advisorcensus.com/firm/falfurrias-management-partners-lp-charlotte-nc-163076", "display_name": "Falfurrias Management Partners LP", "summary": "Falfurrias Management Partners LP is an SEC-registered investment advisory firm in Charlotte, NC, registered since 2015, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.", "citation": "AdvisorCensus. Falfurrias Management Partners LP (CRD 163076): 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)" ], "quick_answers": [ { "q": "How is Falfurrias Management Partners LP compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Falfurrias Management Partners 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 Falfurrias Management Partners LP located?", "a": "Falfurrias Management Partners LP's principal office is in Charlotte, NC, according to its Form ADV." }, { "q": "Is Falfurrias Management Partners LP registered with the SEC or a state?", "a": "Falfurrias Management Partners LP is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 163076." }, { "q": "How much does Falfurrias Management Partners LP manage?", "a": "Falfurrias Management Partners LP reports $3,712,074,667 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)." }, { "q": "How have Falfurrias Management Partners LP's assets and staff changed since 2021?", "a": "In the Form ADV data for Falfurrias Management Partners LP: Regulatory assets under management: $2,600,260,054 in the October 2021 data and $3,712,074,667 in the October 2026 data, up 43%. Total employees: 22 in October 2021 and 55 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Falfurrias Management Partners LP serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (7)." }, { "q": "Does Falfurrias Management Partners 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/163076" }, { "q": "What changed in Falfurrias Management Partners LP's recent Form ADV filings?", "a": "In the April 2026 filing data: Added the business name Falfurrias Equity Partners VI LLC (Relying Adviser). Employees performing advisory functions went from 35 to 46. Regulatory assets under management went from $3,159,782,090 to $3,712,074,667 (+17%). Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 2600260054.0, "total_employees": 22, "filing_date": "2021-03-31" }, { "period": "2022-10-01", "regulatory_assets_under_management": 2786690447.0, "total_employees": 27, "filing_date": "2022-03-31" }, { "period": "2023-10-01", "regulatory_assets_under_management": 2697534212.0, "total_employees": 30, "filing_date": "2023-03-31" }, { "period": "2024-10-01", "regulatory_assets_under_management": 3216939145.0, "total_employees": 40, "filing_date": "2024-07-18" }, { "period": "2025-10-01", "regulatory_assets_under_management": 3159782090.0, "total_employees": 40, "filing_date": "2025-03-31" }, { "period": "2026-10-01", "regulatory_assets_under_management": 3712074667.0, "total_employees": 55, "filing_date": "2026-03-31" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Added the business name Falfurrias Equity Partners VI LLC (Relying Adviser).", "Employees performing advisory functions went from 35 to 46.", "Regulatory assets under management went from $3,159,782,090 to $3,712,074,667 (+17%).", "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-03-01", "period_label": "March 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/falfurrias-management-partners-lp-charlotte-nc-163076.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 7, "fewer_than_5": false, "raum": 3712074667.0 } ], "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/163076", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }