# RLJ Equity Partners, LLC

> RLJ Equity Partners, LLC is an SEC-registered investment advisory firm in Bethesda, MD, registered since 2012, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 30, 2026.

- CRD: 162006
- Filed as: RLJ EQUITY PARTNERS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bethesda, MD
- Filing period: October 2026
- Form ADV filing dated: April 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/162006
- AdvisorCensus page: https://advisorcensus.com/firm/rlj-equity-partners-llc-bethesda-md-162006

## Quick answers

**How is RLJ Equity Partners, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), RLJ Equity Partners, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is RLJ Equity Partners, LLC located?**
RLJ Equity Partners, LLC's principal office is in Bethesda, MD, according to its Form ADV.

**Is RLJ Equity Partners, LLC registered with the SEC or a state?**
RLJ Equity Partners, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 162006.

**How much does RLJ Equity Partners, LLC manage?**
RLJ Equity Partners, LLC reports $109,129,886 in regulatory assets under management in its Form ADV filing dated April 30, 2026 (100% discretionary).

**How have RLJ Equity Partners, LLC's assets and staff changed since 2021?**
In the Form ADV data for RLJ Equity Partners, LLC: Regulatory assets under management: $318,332,945 in the October 2021 data and $109,129,886 in the October 2026 data, down 66%. Total employees: 7 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does RLJ Equity Partners, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2).

**Does RLJ Equity Partners, LLC report any disciplinary disclosures?**
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation) and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/162006

**Does RLJ Equity Partners, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated April 30, 2026 says: "Generally, investors must invest a minimum dollar amount of $5,000,000 in the Fund. The General Partner of the Fund may waive the minimum investment amount in its sole discretion."

**What changed in RLJ Equity Partners, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 6 to 1. Regulatory assets under management went from $155,091,983 to $112,978,516 (-27%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated April 30, 2026)

- Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)

> Generally, investors must invest a minimum dollar amount of $5,000,000 in the Fund. The General Partner of the Fund may waive the minimum investment amount in its sole discretion.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $109,129,886
- Discretionary: $109,129,886
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $109,129,886 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | Not reported | $0 |

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

### Firm details
- Registered since: 2012 (14 years)
- Employees: 3 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MD
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/162006

### Websites listed on Form ADV (Item 1.I)
- rljequitypartners.com
- LinkedIn @rlj-equity-partners

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $318,332,945 | 7 | March 29, 2021 |
| October 2022 | $332,171,387 | 8 | March 29, 2022 |
| October 2023 | $217,592,295 | 8 | March 30, 2023 |
| October 2024 | $230,309,066 | 8 | April 5, 2024 |
| October 2025 | $155,091,983 | 6 | April 15, 2025 |
| October 2026 | $109,129,886 | 3 | April 30, 2026 |

Regulatory assets under management: $318,332,945 in the October 2021 data and $109,129,886 in the October 2026 data, down 66%.
Total employees: 7 in October 2021 and 3 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 6 to 1.
- Regulatory assets under management went from $155,091,983 to $112,978,516 (-27%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. RLJ Equity Partners, LLC (CRD 162006): Form ADV filing data as of October 2026.