# Highbar Partners

> Highbar Partners is an SEC-registered investment advisory firm in Menlo Park, CA, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 166244
- Filed as: HIGHBAR PARTNERS
- Legal name: Highbar Management, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Menlo Park, CA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/166244
- AdvisorCensus page: https://advisorcensus.com/firm/highbar-partners-menlo-park-ca-166244

## Quick answers

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

**Where is Highbar Partners located?**
Highbar Partners' principal office is in Menlo Park, CA, according to its Form ADV.

**Is Highbar Partners registered with the SEC or a state?**
Highbar Partners is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 166244.

**How much does Highbar Partners manage?**
Highbar Partners reports $114,617,817 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Highbar Partners' assets and staff changed since 2021?**
In the Form ADV data for Highbar Partners: Regulatory assets under management: $249,276,333 in the October 2021 data and $114,617,817 in the October 2026 data, down 54%. Total employees: 9 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Highbar Partners serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

**Does Highbar Partners 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/166244

**Does Highbar Partners state an account minimum?**
Its Form ADV Part 2A brochure dated March 31, 2026 says: "The Funds generally do not have a minimum investment amount."

**What changed in Highbar Partners' recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $191,320,845 to $114,617,817 (-40%).

## 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 31, 2026)

- Account minimum: None

> The Funds generally do not have a minimum investment amount.

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

### Regulatory assets under management (Item 5.F)
- Total: $114,617,817
- Discretionary: $114,617,817
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $114,617,817 |

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

### Firm details
- Registered since: 2020 (6 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $249,276,333 | 9 | March 29, 2021 |
| October 2022 | $229,317,678 | 9 | June 15, 2022 |
| October 2023 | $221,891,338 | 4 | April 28, 2023 |
| October 2024 | $178,398,629 | 4 | May 14, 2024 |
| October 2025 | $191,320,845 | 2 | March 28, 2025 |
| October 2026 | $114,617,817 | 2 | March 31, 2026 |

Regulatory assets under management: $249,276,333 in the October 2021 data and $114,617,817 in the October 2026 data, down 54%.
Total employees: 9 in October 2021 and 2 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $191,320,845 to $114,617,817 (-40%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Highbar Partners (CRD 166244): Form ADV filing data as of October 2026.