# Sumeru Equity Partners

> 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.

- CRD: 172955
- Filed as: SUMERU EQUITY PARTNERS
- Legal name: Sumeru Equity Partners L.P.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Mateo, CA
- Filing period: October 2026
- Form ADV filing dated: July 16, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/172955
- AdvisorCensus page: https://advisorcensus.com/firm/sumeru-equity-partners-san-mateo-ca-172955

## Quick answers

**How is Sumeru Equity Partners compensated?**
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. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Sumeru Equity Partners located?**
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).

**Is Sumeru Equity Partners registered with the SEC or a state?**
Sumeru Equity Partners is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 172955.

**How much does Sumeru Equity Partners manage?**
Sumeru Equity Partners reports $3,373,972,104 in regulatory assets under management in its Form ADV filing dated July 16, 2026 (100% discretionary).

**How have Sumeru Equity Partners' assets and staff changed since 2021?**
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.

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

**Does Sumeru Equity 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/172955

**What changed in Sumeru Equity Partners' recent Form ADV filings?**
In the August 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
- Other

### Regulatory assets under management (Item 5.F)
- Total: $3,373,972,104
- Discretionary: $3,373,972,104
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 9 | $3,373,972,104 |

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

### Firm details
- Registered since: 2015 (11 years)
- Employees: 43 total, 36 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- New York, NY

### Websites listed on Form ADV (Item 1.I)
- sumeruequity.com
- LinkedIn @sumeru-equity-partners
- X @SumeruEP
- YouTube @sumeruequitypartners5551

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,614,177,106 | 27 | March 25, 2021 |
| October 2022 | $2,790,161,939 | 29 | May 10, 2022 |
| October 2023 | $3,491,313,219 | 39 | April 18, 2023 |
| October 2024 | $3,505,469,014 | 47 | March 27, 2024 |
| October 2025 | $3,383,071,026 | 47 | May 19, 2025 |
| October 2026 | $3,373,972,104 | 43 | July 16, 2026 |

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.

## Changes in the filing (last 12 months)

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

### April 2026
- Employees performing advisory functions went from 41 to 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. Sumeru Equity Partners (CRD 172955): Form ADV filing data as of October 2026.