# Intermede Investment Partners Limited

> Intermede Investment Partners Limited is an SEC-registered investment advisory firm in London, United Kingdom, registered since 2017, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 29, 2026.

- CRD: 175312
- Filed as: INTERMEDE INVESTMENT PARTNERS LIMITED
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: London, United Kingdom
- Filing period: October 2026
- Form ADV filing dated: July 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/175312
- AdvisorCensus page: https://advisorcensus.com/firm/intermede-investment-partners-limited-london-175312

## Quick answers

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

**How much does Intermede Investment Partners Limited charge?**
Its Form ADV Part 2A brochure dated May 27, 2026 states: Asset-based fee: 0.45% to 0.75% 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 Intermede Investment Partners Limited located?**
Intermede Investment Partners Limited's principal office is in London, United Kingdom, according to its Form ADV.

**Is Intermede Investment Partners Limited registered with the SEC or a state?**
Intermede Investment Partners Limited is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 175312.

**How much does Intermede Investment Partners Limited manage?**
Intermede Investment Partners Limited reports $3,993,977,139 in regulatory assets under management in its Form ADV filing dated July 29, 2026 (100% discretionary).

**How have Intermede Investment Partners Limited's assets and staff changed since 2021?**
In the Form ADV data for Intermede Investment Partners Limited: Regulatory assets under management: $7,335,563,257 in the October 2021 data and $3,993,977,139 in the October 2026 data, down 46%. Total employees: 13 in October 2021 and 17 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Intermede Investment Partners Limited serve?**
By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (8); pooled investment vehicles (other than investment companies and business development companies) (7).

**Which custodians does Intermede Investment Partners Limited use?**
Intermede Investment Partners Limited's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNP Paribas, J.P. Morgan Chase Bank and Northern Trust as custodians holding 10% or more of its separately managed account assets.

**Does Intermede Investment Partners Limited 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/175312

**Does Intermede Investment Partners Limited state an account minimum?**
Its Form ADV Part 2A brochure dated May 27, 2026 says: "Clients are generally required to make a minimum initial investment of USD $50 million, though IIPL reserves the right to make exceptions to this minimum amount in certain circumstances."

**What changed in Intermede Investment Partners Limited's recent Form ADV filings?**
In the August 2026 filing data: Updated its list of owners and control persons (Schedule A).

## 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 May 27, 2026)

- Asset-based fee: 0.45% to 0.75% a year (a range, as the brochure states it)

> The management fee for the private fund and the UCITS fund ranges from 0.45% to 0.75% and which may, in certain circumstances, be reduced by way of rebate to unitholders in either cash or units in the fund.

- Account minimum: $50,000,000 (the brochure says it may be waived or negotiated)

> Clients are generally required to make a minimum initial investment of USD $50 million, though IIPL reserves the right to make exceptions to this minimum amount in certain circumstances.

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

### Custodians (Schedule D, Section 5.K(3))
- BNP Paribas
- J.P. Morgan Chase Bank
- Northern Trust

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $3,993,977,139
- Discretionary: $3,993,977,139
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 7 | $483,245,056 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 8 | $2,935,273,358 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $538,711,343 |
| Insurance companies | Fewer than 5 | $36,747,382 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- 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: 2017 (9 years)
- Employees: 17 total, 8 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [intermede.co.uk](https://intermede.co.uk)
- LinkedIn @INTERMEDE-INVESTMENT-PARTNERS-LIMITED

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $7,335,563,257 | 13 | September 2, 2021 |
| October 2022 | $7,843,573,326 | 15 | September 14, 2022 |
| October 2023 | $6,425,544,441 | 15 | March 23, 2023 |
| October 2024 | $7,303,270,045 | 14 | March 26, 2024 |
| October 2025 | $5,516,603,714 | 17 | March 28, 2025 |
| October 2026 | $3,993,977,139 | 17 | July 29, 2026 |

Regulatory assets under management: $7,335,563,257 in the October 2021 data and $3,993,977,139 in the October 2026 data, down 46%.
Total employees: 13 in October 2021 and 17 in October 2026.

## Changes in the filing (last 12 months)

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

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

### April 2026
- Employees performing advisory functions went from 9 to 8.
- Regulatory assets under management went from $5,516,603,714 to $3,993,977,139 (-28%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Intermede Investment Partners Limited (CRD 175312): Form ADV filing data as of October 2026.