# Lama Partners, LLC

> Lama Partners, LLC is an exempt reporting adviser in Newton, MA, filing reports since 2022. Exempt reporting advisers do not report regulatory assets under management on Form ADV.

- CRD: 312067
- Filed as: LAMA PARTNERS, LLC
- Also doing business as: FXP
- Reporting status: Exempt reporting adviser (status as filed: ERA - Active)
- Location: Newton, MA
- Filing period: October 2026
- Form ADV filing dated: March 26, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/312067
- AdvisorCensus page: https://advisorcensus.com/firm/lama-partners-llc-newton-ma-312067

## Quick answers

**Where is Lama Partners, LLC located?**
Lama Partners, LLC's principal office is in Newton, MA, according to its Form ADV.

**How does Lama Partners, LLC report to regulators?**
Lama Partners, LLC is an exempt reporting adviser, filing reports since 2022. Exempt reporting advisers file a shorter Form ADV. Status as filed: ERA - Active. CRD 312067.

**Does Lama Partners, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/312067

**What changed in Lama Partners, LLC's recent Form ADV filings?**
In the December 2025 filing data: Changed its legal name from FXP Ventures, LLC to Lama Partners, LLC.

## From the Form ADV filing

### Firm details
- Reporting since: 2022 (4 years)
- Employees: Not reported total, Not reported performing advisory functions
- Wrap fee program participation: Not reported
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- fxp.com
- LinkedIn @fxp2020

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | Not reported | Not reported | June 14, 2022 |
| October 2023 | Not reported | Not reported | March 31, 2023 |
| October 2024 | Not reported | Not reported | March 28, 2024 |
| October 2025 | Not reported | Not reported | March 20, 2025 |
| October 2026 | Not reported | Not reported | March 26, 2026 |


## Changes in the filing (last 12 months)

### December 2025
- Changed its legal name from FXP Ventures, LLC to Lama Partners, LLC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Lama Partners, LLC (CRD 312067): Form ADV filing data as of October 2026.