# Five Point Infrastructure LLC

> Five Point Infrastructure LLC is an SEC-registered investment advisory firm in Houston, TX, registered since 2015, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated April 24, 2026.

- CRD: 171158
- Filed as: FIVE POINT INFRASTRUCTURE LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Houston, TX
- Filing period: October 2026
- Form ADV filing dated: April 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/171158
- AdvisorCensus page: https://advisorcensus.com/firm/five-point-infrastructure-llc-houston-tx-171158

## Quick answers

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

**What does Five Point Infrastructure LLC's brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 27, 2026 states: Asset-based fee: 0.5% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Five Point Infrastructure LLC located?**
Five Point Infrastructure LLC's principal office is in Houston, TX, according to its Form ADV.

**Is Five Point Infrastructure LLC registered with the SEC or a state?**
Five Point Infrastructure LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 171158.

**How much does Five Point Infrastructure LLC manage?**
Five Point Infrastructure LLC reports $7,053,171,766 in regulatory assets under management in its Form ADV filing dated April 24, 2026 (100% discretionary).

**How have Five Point Infrastructure LLC's assets and staff changed since 2021?**
In the Form ADV data for Five Point Infrastructure LLC: Regulatory assets under management: $2,987,722,463 in the October 2021 data and $7,053,171,766 in the October 2026 data, up 136%. Total employees: 24 in October 2021 and 33 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Five Point Infrastructure LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (12).

**Does Five Point Infrastructure 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/171158

**What changed in Five Point Infrastructure LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 9 to 12. Regulatory assets under management went from $8,396,864,985 to $7,290,902,221 (-13%).

## 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 27, 2026)

- Asset-based fee: 0.5% to 2% a year (a range, as the brochure states it)

> In general, the management fee will vary between 0.5% and 2% of committed capital or the cost of investments per annum, charged quarterly in advance

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

### Regulatory assets under management (Item 5.F)
- Total: $7,053,171,766
- Discretionary: $7,053,171,766
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 12 | $7,053,171,766 |

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

### Firm details
- Registered since: 2015 (11 years)
- Employees: 33 total, 12 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- fpinfra.com
- LinkedIn @fpinfra

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,987,722,463 | 24 | April 9, 2021 |
| October 2022 | $3,331,470,637 | 26 | March 28, 2022 |
| October 2023 | $3,563,971,583 | 27 | March 29, 2023 |
| October 2024 | $5,253,812,065 | 27 | June 25, 2024 |
| October 2025 | $8,396,864,985 | 25 | May 15, 2025 |
| October 2026 | $7,053,171,766 | 33 | April 24, 2026 |

Regulatory assets under management: $2,987,722,463 in the October 2021 data and $7,053,171,766 in the October 2026 data, up 136%.
Total employees: 24 in October 2021 and 33 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 9 to 12.
- Regulatory assets under management went from $8,396,864,985 to $7,290,902,221 (-13%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Five Point Infrastructure LLC (CRD 171158): Form ADV filing data as of October 2026.