# Newroad Capital Partners, LLC

> Newroad Capital Partners, LLC is an SEC-registered investment advisory firm in Bentonville, AR, registered since 2015, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated August 28, 2026.

- CRD: 281487
- Filed as: NEWROAD CAPITAL PARTNERS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bentonville, AR
- Filing period: October 2026
- Form ADV filing dated: August 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/281487
- AdvisorCensus page: https://advisorcensus.com/firm/newroad-capital-partners-llc-bentonville-ar-281487

## Quick answers

**How is Newroad Capital Partners, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Newroad Capital Partners, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Newroad Capital Partners, LLC located?**
Newroad Capital Partners, LLC's principal office is in Bentonville, AR, according to its Form ADV.

**Is Newroad Capital Partners, LLC registered with the SEC or a state?**
Newroad Capital Partners, LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 281487.

**How much does Newroad Capital Partners, LLC manage?**
Newroad Capital Partners, LLC reports $584,412,451 in regulatory assets under management in its Form ADV filing dated August 28, 2026 (80% discretionary).

**How have Newroad Capital Partners, LLC's assets and staff changed since 2021?**
In the Form ADV data for Newroad Capital Partners, LLC: Regulatory assets under management: $428,206,185 in the October 2021 data and $584,412,451 in the October 2026 data, up 36%. Total employees: 15 in October 2021 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going.

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

**Does Newroad Capital 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 SEC record: https://adviserinfo.sec.gov/firm/summary/281487

**What changed in Newroad Capital Partners, LLC's recent Form ADV filings?**
In the September 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

### Regulatory assets under management (Item 5.F)
- Total: $584,412,451
- Discretionary: $470,008,165
- Non-discretionary: $114,404,286

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 5 | $584,412,451 |

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

### Firm details
- Registered since: 2015 (11 years)
- Employees: 16 total, 15 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AR
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [newroadcp.com](https://newroadcp.com)
- LinkedIn @newroad-ventures

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $428,206,185 | 15 | March 26, 2021 |
| October 2022 | $664,071,295 | 14 | March 30, 2022 |
| October 2023 | $662,321,265 | 18 | March 29, 2023 |
| October 2024 | $608,782,217 | 16 | April 29, 2024 |
| October 2025 | $642,743,838 | 15 | March 28, 2025 |
| October 2026 | $584,412,451 | 16 | August 28, 2026 |

Regulatory assets under management: $428,206,185 in the October 2021 data and $584,412,451 in the October 2026 data, up 36%.
Total employees: 15 in October 2021 and 16 in October 2026.

## Changes in the filing (last 12 months)

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

### April 2026
- Employees performing advisory functions went from 14 to 15.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Newroad Capital Partners, LLC (CRD 281487): Form ADV filing data as of October 2026.