# Partnership Capital Growth Investors Management, LLC

> Partnership Capital Growth Investors Management, LLC is an SEC-registered investment advisory firm in Los Gatos, CA, registered since 2015, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 173288
- Filed as: PARTNERSHIP CAPITAL GROWTH INVESTORS MANAGEMENT, LLC
- Also doing business as: PARTNERSHIP CAPITAL GROWTH INVESTORS III AFI COINVEST, L.P., PARTNERSHIP CAPITAL GROWTH INVESTORS III BLOCKED AIV, L.P., PARTNERSHIP CAPITAL GROWTH INVESTORS III BLOCKER, L.P., PARTNERSHIP CAPITAL GROWTH INVESTORS III DIRECT AIV, L.P., PARTNERSHIP CAPITAL GROWTH INVESTORS III GP, LLC, PARTNERSHIP CAPITAL GROWTH INVESTORS III INTERNATIONAL, L.P., PARTNERSHIP CAPITAL GROWTH INVESTORS III, L.P., PCG-ARES SIDECAR INVESTMENT, L.P., PCG-CALIFIA SPV, LLC, PCG-DESIGNER HOLDINGS, LLC, PCG-DESIGNER INC., PCG-DESIGNER MANAGER, LLC, PCG-DESIGNER SPV, LLC, PCG-TAC-CV, LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Los Gatos, CA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/173288
- AdvisorCensus page: https://advisorcensus.com/firm/partnership-capital-growth-investors-management-llc-los-gatos-ca-173288

## Quick answers

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

**Where is Partnership Capital Growth Investors Management, LLC located?**
Partnership Capital Growth Investors Management, LLC's principal office is in Los Gatos, CA, according to its Form ADV.

**Is Partnership Capital Growth Investors Management, LLC registered with the SEC or a state?**
Partnership Capital Growth Investors Management, LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 173288.

**How much does Partnership Capital Growth Investors Management, LLC manage?**
Partnership Capital Growth Investors Management, LLC reports $141,536,229 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Partnership Capital Growth Investors Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Partnership Capital Growth Investors Management, LLC: Regulatory assets under management: $117,118,928 in the October 2021 data and $141,536,229 in the October 2026 data, up 21%. 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.

**What types of clients does Partnership Capital Growth Investors Management, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (13).

**Does Partnership Capital Growth Investors Management, 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/173288

**What changed in Partnership Capital Growth Investors Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: No longer lists the business name PCG-Ares Sidecar Investment II, L.P.. Regulatory assets under management went from $105,249,798 to $141,536,229 (+34%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees
- Other

### Regulatory assets under management (Item 5.F)
- Total: $141,536,229
- Discretionary: $141,536,229
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 13 | $141,536,229 |

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

### Firm details
- Registered since: 2015 (11 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)
- [pcg-investors.com](https://pcg-investors.com)
- Instagram @pcg_investors
- LinkedIn @partnership-capital-growth
- X @PCG_Investors

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $117,118,928 | 2 | March 31, 2021 |
| October 2022 | $133,418,286 | 2 | March 31, 2022 |
| October 2023 | $107,927,290 | 2 | March 22, 2023 |
| October 2024 | $113,062,083 | 2 | June 29, 2024 |
| October 2025 | $105,249,798 | 2 | April 4, 2025 |
| October 2026 | $141,536,229 | 2 | March 31, 2026 |

Regulatory assets under management: $117,118,928 in the October 2021 data and $141,536,229 in the October 2026 data, up 21%.
Total employees: 2 in October 2021 and 2 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- No longer lists the business name PCG-Ares Sidecar Investment II, L.P..
- Regulatory assets under management went from $105,249,798 to $141,536,229 (+34%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Partnership Capital Growth Investors Management, LLC (CRD 173288): Form ADV filing data as of October 2026.