# Silversmith Capital Partners

> Silversmith Capital Partners is an SEC-registered investment advisory firm in Boston, MA, registered since 2017, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 281620
- Filed as: SILVERSMITH CAPITAL PARTNERS
- Legal name: Silversmith Management, L.P.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Boston, MA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/281620
- AdvisorCensus page: https://advisorcensus.com/firm/silversmith-capital-partners-boston-ma-281620

## Quick answers

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

**Where is Silversmith Capital Partners located?**
Silversmith Capital Partners' principal office is in Boston, MA, according to its Form ADV.

**Is Silversmith Capital Partners registered with the SEC or a state?**
Silversmith Capital Partners is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 281620.

**How much does Silversmith Capital Partners manage?**
Silversmith Capital Partners reports $7,163,998,577 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Silversmith Capital Partners' assets and staff changed since 2021?**
In the Form ADV data for Silversmith Capital Partners: Regulatory assets under management: $2,178,457,856 in the October 2021 data and $7,163,998,577 in the October 2026 data, up 229%. Total employees: 22 in October 2021 and 38 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Silversmith Capital Partners serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (24).

**Does Silversmith Capital Partners 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/281620

**Does Silversmith Capital Partners state an account minimum?**
Its Form ADV Part 2A brochure dated March 31, 2026 says: "In general, the minimum investment commitment required of a limited partner to participate in a Silversmith Fund is $5,000,000; however, the general partner of each Silversmith Fund has discretion to increase or reduce the minimum investment commitment."

**What changed in Silversmith Capital Partners' recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $5,283,564,087 to $7,163,998,577 (+36%). 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

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

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

> In general, the minimum investment commitment required of a limited partner to participate in a Silversmith Fund is $5,000,000; however, the general partner of each Silversmith Fund has discretion to increase or reduce the minimum investment commitment.

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

### Regulatory assets under management (Item 5.F)
- Total: $7,163,998,577
- Discretionary: $7,163,998,577
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 24 | $7,163,998,577 |

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

### Firm details
- Registered since: 2017 (9 years)
- Employees: 38 total, 38 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- silversmith.com
- silversmithcapital.com
- LinkedIn @silversmith-capital-partners
- X @SILVERSMITHCAP

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,178,457,856 | 22 | March 31, 2021 |
| October 2022 | $3,767,184,930 | 28 | April 27, 2022 |
| October 2023 | $4,762,056,353 | 26 | May 2, 2023 |
| October 2024 | $4,944,253,169 | 35 | March 29, 2024 |
| October 2025 | $5,283,564,087 | 38 | March 28, 2025 |
| October 2026 | $7,163,998,577 | 38 | March 31, 2026 |

Regulatory assets under management: $2,178,457,856 in the October 2021 data and $7,163,998,577 in the October 2026 data, up 229%.
Total employees: 22 in October 2021 and 38 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $5,283,564,087 to $7,163,998,577 (+36%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Silversmith Capital Partners (CRD 281620): Form ADV filing data as of October 2026.