# RPD Fund Management LLC

> RPD Fund Management LLC is an SEC-registered investment advisory firm, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 316867
- Filed as: RPD FUND MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/316867
- AdvisorCensus page: https://advisorcensus.com/firm/rpd-fund-management-llc-316867

## Quick answers

**How is RPD Fund Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), RPD Fund Management 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.

**Is RPD Fund Management LLC registered with the SEC or a state?**
RPD Fund Management LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 316867.

**How much does RPD Fund Management LLC manage?**
RPD Fund Management LLC reports $492,072,424 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have RPD Fund Management LLC's assets and staff changed since 2022?**
In the Form ADV data for RPD Fund Management LLC: Regulatory assets under management: $239,595,940 in the October 2022 data and $492,072,424 in the October 2026 data, up 105%. Total employees: 7 in October 2022 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does RPD Fund Management LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (9).

**Does RPD Fund 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/316867

**What changed in RPD Fund Management LLC's recent Form ADV filings?**
In the April 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: $492,072,424
- Discretionary: $492,072,424
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | Not reported |
| High net worth individuals | 0 | Not reported |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 9 | $492,072,424 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |
| Other | 0 | Not reported |

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

### Firm details
- Registered since: 2021 (4 years)
- Employees: 12 total, 7 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- rpdfund.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $239,595,940 | 7 | May 11, 2022 |
| October 2023 | $350,224,790 | 8 | March 22, 2023 |
| October 2024 | $471,855,354 | 9 | August 26, 2024 |
| October 2025 | $506,226,229 | 13 | March 27, 2025 |
| October 2026 | $492,072,424 | 12 | March 27, 2026 |

Regulatory assets under management: $239,595,940 in the October 2022 data and $492,072,424 in the October 2026 data, up 105%.
Total employees: 7 in October 2022 and 12 in October 2026.

## Changes in the filing (last 12 months)

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

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. RPD Fund Management LLC (CRD 316867): Form ADV filing data as of October 2026.