# Proprium Capital Partners, L.P.

> Proprium Capital Partners, L.P. is an SEC-registered investment advisory firm in Stamford, CT, registered since 2013, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 25, 2026.

- CRD: 165441
- Filed as: PROPRIUM CAPITAL PARTNERS, L.P.
- Also doing business as: PROPRIUM CAPITAL MANAGEMENT (UK) LLP (RELYING ADVISER), PROPRIUM CAPITAL PARTNERS (FRANCE), SAS (RELYING ADVISER), PROPRIUM CAPITAL PARTNERS (HONG KONG) LIMITED (RELYING ADVISER), PROPRIUM CAPITAL REAL ESTATE PARTNERS, LLC (RELYING ADVISER)
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Stamford, CT
- Filing period: October 2026
- Form ADV filing dated: March 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/165441
- AdvisorCensus page: https://advisorcensus.com/firm/proprium-capital-partners-l-p-stamford-ct-165441

## Quick answers

**How is Proprium Capital Partners, L.P. compensated?**
On its Form ADV (Item 5.E, October 2026), Proprium Capital Partners, L.P. 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 Proprium Capital Partners, L.P. located?**
Proprium Capital Partners, L.P.'s principal office is in Stamford, CT, according to its Form ADV; the April 2026 filing also lists 4 other offices (Schedule D, Section 1.F).

**Is Proprium Capital Partners, L.P. registered with the SEC or a state?**
Proprium Capital Partners, L.P. is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 165441.

**How much does Proprium Capital Partners, L.P. manage?**
Proprium Capital Partners, L.P. reports $3,361,050,000 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary).

**How have Proprium Capital Partners, L.P.'s assets and staff changed since 2021?**
In the Form ADV data for Proprium Capital Partners, L.P.: Regulatory assets under management: $2,544,841,000 in the October 2021 data and $3,361,050,000 in the October 2026 data, up 32%. Total employees: 17 in October 2021 and 35 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Proprium Capital Partners, L.P. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (10).

**Does Proprium Capital Partners, L.P. 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/165441

**What changed in Proprium Capital Partners, L.P.'s recent Form ADV filings?**
In the April 2026 filing data: Added the business name Proprium Capital Partners (France), SAS (Relying Adviser). Employees performing advisory functions went from 15 to 27. Changed its office addresses in Amsterdam. Changed its office addresses in London. Added an office in Paris. No longer lists an office in Atlanta, GA.

## 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: $3,361,050,000
- Discretionary: $3,361,050,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 10 | $3,361,050,000 |

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

### Firm details
- Registered since: 2013 (13 years)
- Employees: 35 total, 27 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT, GA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Amsterdam
- Central Hong Kong
- London
- Paris

### Websites listed on Form ADV (Item 1.I)
- [proprium.com](https://proprium.com)
- LinkedIn @proprium-capital-partners

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,544,841,000 | 17 | April 9, 2021 |
| October 2022 | $2,928,314,000 | 17 | March 30, 2022 |
| October 2023 | $3,196,763,000 | 18 | March 23, 2023 |
| October 2024 | $4,306,832,000 | 21 | March 27, 2024 |
| October 2025 | $3,499,338,000 | 21 | March 27, 2025 |
| October 2026 | $3,361,050,000 | 35 | March 25, 2026 |

Regulatory assets under management: $2,544,841,000 in the October 2021 data and $3,361,050,000 in the October 2026 data, up 32%.
Total employees: 17 in October 2021 and 35 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Added the business name Proprium Capital Partners (France), SAS (Relying Adviser).
- Employees performing advisory functions went from 15 to 27.
- Changed its office addresses in Amsterdam.
- Changed its office addresses in London.
- Added an office in Paris.
- No longer lists an office in Atlanta, GA.

### November 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Proprium Capital Partners, L.P. (CRD 165441): Form ADV filing data as of October 2026.