{
  "crd_number": 309271,
  "slug": "long-walk-management-lp-309271",
  "primary_business_name": "LONG WALK MANAGEMENT LP",
  "legal_name": "LONG WALK MANAGEMENT LP",
  "dbas": [],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-05-03",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-04-15",
  "carried_forward": false,
  "raum_total": 603563600.0,
  "raum_discretionary": 603563600.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 2,
  "advisory_employees": 1,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 116919600.0,
      "count": null,
      "description": "SEPERATELY MANAGED ACCOUNT",
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": 486644000.0,
      "count": 3
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CT"
  ],
  "websites": [
    "https://longwalkmgmt.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/309271",
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/long-walk-management-lp-309271",
  "display_name": "Long Walk Management LP",
  "summary": "Long Walk Management LP is an SEC-registered investment advisory firm, registered since 2021, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated April 15, 2026.",
  "citation": "AdvisorCensus. Long Walk Management LP (CRD 309271): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Long Walk Management LP compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Long Walk Management LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "How much does Long Walk Management LP charge?",
      "a": "Its Form ADV Part 2A brochure dated April 15, 2026 states: Asset-based fee: up to 1% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Is Long Walk Management LP registered with the SEC or a state?",
      "a": "Long Walk Management LP is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 309271."
    },
    {
      "q": "How much does Long Walk Management LP manage?",
      "a": "Long Walk Management LP reports $603,563,600 in regulatory assets under management in its Form ADV filing dated April 15, 2026 (100% discretionary)."
    },
    {
      "q": "How have Long Walk Management LP's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Long Walk Management LP: Regulatory assets under management: $154,504,838 in the October 2021 data and $603,563,600 in the October 2026 data, up 291%. Total employees: 2 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Long Walk Management LP serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3)."
    },
    {
      "q": "Which custodians does Long Walk Management LP use?",
      "a": "Long Walk Management LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Citigroup Global Markets Limited as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Long Walk Management LP report any disciplinary disclosures?",
      "a": "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/309271"
    },
    {
      "q": "What changed in Long Walk Management LP's recent Form ADV filings?",
      "a": "In the May 2026 filing data: Employees performing advisory functions went from 2 to 1. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 154504838.0,
      "total_employees": 2,
      "filing_date": "2021-06-10"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 152831861.0,
      "total_employees": 3,
      "filing_date": "2022-03-15"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 112335611.0,
      "total_employees": 2,
      "filing_date": "2023-07-06"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 237901860.0,
      "total_employees": 2,
      "filing_date": "2024-03-06"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 376808000.0,
      "total_employees": 2,
      "filing_date": "2025-05-14"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 603563600.0,
      "total_employees": 2,
      "filing_date": "2026-04-15"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "Employees performing advisory functions went from 2 to 1.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $376,808,000 to $603,563,600 (+60%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated April 15, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "1% of assets a year",
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 1% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "With respect to the Clients, the Adviser charges each investor a monthly management fee in arrears of up to 1% of value of an investor’s capital account in the specific Client as of the end of the month"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": 1.0,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "With respect to the Clients, the Adviser charges each investor a monthly management fee in arrears of up to 1% of value of an investor’s capital account in the specific Client as of the end of the month"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Citigroup Global Markets Limited",
      "name_as_filed": "CITIGROUP GLOBAL MARKETS LIMITED",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/long-walk-management-lp-309271.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 3,
      "fewer_than_5": false,
      "raum": 486644000.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": null,
      "fewer_than_5": true,
      "raum": 116919600.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/309271",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}