AdvisorCensus / Financial advisors / California / San Jose / HGGC, LLC
HGGC, LLC is an SEC-registered investment advisory firm in Palo Alto, CA, registered since 2007, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.
Quick answers
From the filingHow is HGGC, LLC compensated?
On its Form ADV (Item 5.E, October 2026), HGGC, LLC reports these compensation arrangements: a percentage of assets under its management; other.
What does HGGC, LLC's brochure say about its fees?
Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: 2% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is HGGC, LLC located?
HGGC, LLC's principal office is in Palo Alto, CA, according to its Form ADV.
Is HGGC, LLC registered with the SEC or a state?
HGGC, LLC is an SEC-registered investment advisory firm, registered since 2007. Status as filed: Approved. CRD 145684.
How much does HGGC, LLC manage?
HGGC, LLC reports $10,836,694,172 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (98% discretionary).
How have HGGC, LLC's assets and staff changed since 2021?
In the Form ADV data for HGGC, LLC: Regulatory assets under management: $5,543,239,563 in the October 2021 data and $10,836,694,172 in the October 2026 data, up 95%. Total employees: 45 in October 2021 and 57 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does HGGC, LLC serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (26).
Does HGGC, 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/145684
What changed in HGGC, LLC's recent Form ADV filings?
In the April 2026 filing data: Employees performing advisory functions went from 45 to 39. Regulatory assets under management went from $6,984,564,252 to $10,836,694,172 (+55%). Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Other
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: 2% of assets a year
The brochure's wording
Advisory Fees for HGGC's flagship funds (excluding non- fee paying parallel funds, certain co- investment vehicles and the continuation fund) are typically equal to 2% on an annual basis of aggregate investor capital commitments
As stated in the firm's Form ADV Part 2A brochure dated March 31, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$10,836,694,172 as of October 2026, filing dated March 31, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for pooled investment vehicles (other than investment companies)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2007 (18 years)
- Employees
- Total: 57. Performing investment advisory functions: 39.
- Wrap fee program participation
- No.
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $10,836,694,172 | 57 | March 31, 2026 |
| October 2025 | $6,984,564,252 | 45 | March 28, 2025 |
| October 2024 | $8,096,039,762 | 49 | June 14, 2024 |
| October 2023 | $7,522,615,911 | 51 | May 26, 2023 |
| October 2022 | $6,523,828,033 | 40 | March 29, 2022 |
| October 2021 | $5,543,239,563 | 45 | March 31, 2021 |
Regulatory assets under management: $5,543,239,563 in the October 2021 data and $10,836,694,172 in the October 2026 data, up 95%.
Total employees: 45 in October 2021 and 57 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Employees performing advisory functions went from 45 to 39.
- Regulatory assets under management went from $6,984,564,252 to $10,836,694,172 (+55%).
- Updated its list of owners and control persons (Schedule A).
- February 2026
- Updated its list of owners and control persons (Schedule A).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. HGGC, LLC (CRD 145684): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/hggc-llc-palo-alto-ca-145684