{ "crd_number": 172955, "slug": "sumeru-equity-partners-san-mateo-ca-172955", "primary_business_name": "SUMERU EQUITY PARTNERS", "legal_name": "SUMERU EQUITY PARTNERS L.P.", "dbas": [], "city": "San Mateo", "state": "CA", "country": "United States", "cbsa_code": "41860", "metro": { "cbsa_code": "41860", "common_name": "San Francisco", "msa_name": "San Francisco-Oakland-Fremont, CA", "path": "/advisors/ca/san-francisco" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2015-03-26", "years_registered": 11, "period": "2026-10-01", "filing_date": "2026-07-16", "carried_forward": false, "raum_total": 3373972104.0, "raum_discretionary": 3373972104.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 43, "advisory_employees": 36, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 3373972104.0, "count": 9 } }, "compensation_types": [ "other", "percentage_of_aum", "performance_based" ], "advisory_activities": [ "other", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CA", "NY" ], "websites": [ "https://linkedin.com/company/sumeru-equity-partners", "https://sumeruequity.com", "https://x.com/SumeruEP", "https://youtube.com/@sumeruequitypartners5551" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/172955", "city_as_filed": "SAN MATEO", "url": "https://advisorcensus.com/firm/sumeru-equity-partners-san-mateo-ca-172955", "display_name": "Sumeru Equity Partners", "summary": "Sumeru Equity Partners is an SEC-registered investment advisory firm in San Mateo, CA, registered since 2015, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 16, 2026.", "citation": "AdvisorCensus. Sumeru Equity Partners (CRD 172955): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees", "Other" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)", "Other" ], "quick_answers": [ { "q": "How is Sumeru Equity Partners compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Sumeru Equity Partners reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other." }, { "q": "Where is Sumeru Equity Partners located?", "a": "Sumeru Equity Partners' principal office is in San Mateo, CA, according to its Form ADV; the August 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is Sumeru Equity Partners registered with the SEC or a state?", "a": "Sumeru Equity Partners is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 172955." }, { "q": "How much does Sumeru Equity Partners manage?", "a": "Sumeru Equity Partners reports $3,373,972,104 in regulatory assets under management in its Form ADV filing dated July 16, 2026 (100% discretionary)." }, { "q": "How have Sumeru Equity Partners' assets and staff changed since 2021?", "a": "In the Form ADV data for Sumeru Equity Partners: Regulatory assets under management: $1,614,177,106 in the October 2021 data and $3,373,972,104 in the October 2026 data, up 109%. Total employees: 27 in October 2021 and 43 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Sumeru Equity Partners serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (9)." }, { "q": "Does Sumeru Equity Partners report any disciplinary disclosures?", "a": "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/172955" }, { "q": "What changed in Sumeru Equity Partners' recent Form ADV filings?", "a": "In the August 2026 filing data: Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 1614177106.0, "total_employees": 27, "filing_date": "2021-03-25" }, { "period": "2022-10-01", "regulatory_assets_under_management": 2790161939.0, "total_employees": 29, "filing_date": "2022-05-10" }, { "period": "2023-10-01", "regulatory_assets_under_management": 3491313219.0, "total_employees": 39, "filing_date": "2023-04-18" }, { "period": "2024-10-01", "regulatory_assets_under_management": 3505469014.0, "total_employees": 47, "filing_date": "2024-03-27" }, { "period": "2025-10-01", "regulatory_assets_under_management": 3383071026.0, "total_employees": 47, "filing_date": "2025-05-19" }, { "period": "2026-10-01", "regulatory_assets_under_management": 3373972104.0, "total_employees": 43, "filing_date": "2026-07-16" } ], "recent_changes": [ { "period": "2026-08-01", "period_label": "August 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 41 to 36.", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/sumeru-equity-partners-san-mateo-ca-172955.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 9, "fewer_than_5": false, "raum": 3373972104.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/172955", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }