# Sheridan Production Partners Manager III, LLC

> Sheridan Production Partners Manager III, LLC is an SEC-registered investment advisory firm in Houston, TX, registered since 2020, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 24, 2026.

- CRD: 310572
- Filed as: SHERIDAN PRODUCTION PARTNERS MANAGER III, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Houston, TX
- Filing period: October 2026
- Form ADV filing dated: March 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/310572
- AdvisorCensus page: https://advisorcensus.com/firm/sheridan-production-partners-manager-iii-llc-houston-tx-310572

## Quick answers

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

**Where is Sheridan Production Partners Manager III, LLC located?**
Sheridan Production Partners Manager III, LLC's principal office is in Houston, TX, according to its Form ADV.

**Is Sheridan Production Partners Manager III, LLC registered with the SEC or a state?**
Sheridan Production Partners Manager III, LLC is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 310572.

**How much does Sheridan Production Partners Manager III, LLC manage?**
Sheridan Production Partners Manager III, LLC reports $650,000,000 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (100% discretionary).

**How have Sheridan Production Partners Manager III, LLC's assets and staff changed since 2021?**
In the Form ADV data for Sheridan Production Partners Manager III, LLC: Regulatory assets under management: $637,000,000 in the October 2021 data and $650,000,000 in the October 2026 data, up 2%. Total employees: 25 in October 2021 and 20 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Sheridan Production Partners Manager III, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

**Does Sheridan Production Partners Manager III, 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/310572

**What changed in Sheridan Production Partners Manager III, 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: $650,000,000
- Discretionary: $650,000,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $650,000,000 |

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

### Firm details
- Registered since: 2020 (5 years)
- Employees: 20 total, 5 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)
- sheridanproduction.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $637,000,000 | 25 | March 26, 2021 |
| October 2022 | $816,000,000 | 25 | March 30, 2022 |
| October 2023 | $860,000,000 | 25 | August 9, 2023 |
| October 2024 | $676,000,000 | 25 | March 26, 2024 |
| October 2025 | $683,000,000 | 20 | March 26, 2025 |
| October 2026 | $650,000,000 | 20 | March 24, 2026 |

Regulatory assets under management: $637,000,000 in the October 2021 data and $650,000,000 in the October 2026 data, up 2%.
Total employees: 25 in October 2021 and 20 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. Sheridan Production Partners Manager III, LLC (CRD 310572): Form ADV filing data as of October 2026.