# Farallon Capital Management, L.L.C.

> Farallon Capital Management, L.L.C. is an SEC-registered investment advisory firm in San Francisco, CA, registered since 1996, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 23, 2026.

- CRD: 107322
- Filed as: FARALLON CAPITAL MANAGEMENT, L.L.C.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Francisco, CA
- Filing period: October 2026
- Form ADV filing dated: September 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/107322
- AdvisorCensus page: https://advisorcensus.com/firm/farallon-capital-management-l-l-c-san-francisco-ca-107322

## Quick answers

**How is Farallon Capital Management, L.L.C. compensated?**
On its Form ADV (Item 5.E, October 2026), Farallon Capital Management, L.L.C. 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 Farallon Capital Management, L.L.C. located?**
Farallon Capital Management, L.L.C.'s principal office is in San Francisco, CA, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Farallon Capital Management, L.L.C. registered with the SEC or a state?**
Farallon Capital Management, L.L.C. is an SEC-registered investment advisory firm, registered since 1996. Status as filed: Approved. CRD 107322.

**How much does Farallon Capital Management, L.L.C. manage?**
Farallon Capital Management, L.L.C. reports $52,076,899,000 in regulatory assets under management in its Form ADV filing dated September 23, 2026 (100% discretionary).

**How have Farallon Capital Management, L.L.C.'s assets and staff changed since 2021?**
In the Form ADV data for Farallon Capital Management, L.L.C.: Regulatory assets under management: $37,946,501,000 in the October 2021 data and $52,076,899,000 in the October 2026 data, up 37%. Total employees: 172 in October 2021 and 355 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Farallon Capital Management, L.L.C. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (66).

**Does Farallon Capital Management, L.L.C. report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation). 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/107322

**What changed in Farallon Capital Management, L.L.C.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 141 to 129.

## 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: $52,076,899,000
- Discretionary: $52,076,899,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 66 | $52,004,485,000 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | Fewer than 5 | $72,414,000 |

### 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: 1996 (30 years)
- Employees: 355 total, 129 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, DE
- Disclosures (Item 11): Reports 1 disclosure item 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?

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/107322

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

### Websites listed on Form ADV (Item 1.I)
- [app.joinhandshake.com/employers/farallon-capital-management-llc-49371](https://app.joinhandshake.com/employers/farallon-capital-management-llc-49371)
- [faralloncapital.co.jp](https://faralloncapital.co.jp)
- [faralloncapital.com](https://faralloncapital.com)
- [glassdoor.com/Reviews/Farallon-Capital-Management-Reviews-E260058.htm](https://glassdoor.com/Reviews/Farallon-Capital-Management-Reviews-E260058.htm)
- LinkedIn @farallon-capital-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $37,946,501,000 | 172 | August 3, 2021 |
| October 2022 | $42,196,353,000 | 201 | August 4, 2022 |
| October 2023 | $41,248,942,000 | 210 | July 20, 2023 |
| October 2024 | $42,649,319,000 | 239 | June 10, 2024 |
| October 2025 | $48,267,892,000 | 335 | July 3, 2025 |
| October 2026 | $52,076,899,000 | 355 | September 23, 2026 |

Regulatory assets under management: $37,946,501,000 in the October 2021 data and $52,076,899,000 in the October 2026 data, up 37%.
Total employees: 172 in October 2021 and 355 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 141 to 129.

### March 2026
- Changed its office addresses in New York, NY.

### February 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Farallon Capital Management, L.L.C. (CRD 107322): Form ADV filing data as of October 2026.