# TC Latin America Partners LLC

> TC Latin America Partners LLC is an SEC-registered investment advisory firm in San Juan, PR, registered since 2020, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 307441
- Filed as: TC LATIN AMERICA PARTNERS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Juan, PR
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/307441
- AdvisorCensus page: https://advisorcensus.com/firm/tc-latin-america-partners-llc-san-juan-pr-307441

## Quick answers

**How is TC Latin America Partners LLC compensated?**
On its Form ADV (Item 5.E, October 2026), TC Latin America Partners 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.

**Where is TC Latin America Partners LLC located?**
TC Latin America Partners LLC's principal office is in San Juan, PR, according to its Form ADV; the April 2026 filing also lists 3 other offices (Schedule D, Section 1.F).

**Is TC Latin America Partners LLC registered with the SEC or a state?**
TC Latin America Partners LLC is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 307441.

**How much does TC Latin America Partners LLC manage?**
TC Latin America Partners LLC reports $529,705,368 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have TC Latin America Partners LLC's assets and staff changed since 2021?**
In the Form ADV data for TC Latin America Partners LLC: Regulatory assets under management: $691,542,700 in the October 2021 data and $529,705,368 in the October 2026 data, down 23%. Total employees: 33 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does TC Latin America Partners LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (5); other (2); pension and profit sharing plans (but not the plan participants or government pension plans) (1).

**Does TC Latin America Partners 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/307441

**What changed in TC Latin America Partners LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $614,734,919 to $529,705,368 (-14%).

## 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: $529,705,368
- Discretionary: $529,705,368
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 5 | $396,605,965 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $41,521,372 |
| Sovereign wealth funds and foreign official institutions | 1 | $33,323,970 |
| Other | 2 | $58,254,061 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2020 (6 years)
- Employees: 9 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY, PR
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

### Websites listed on Form ADV (Item 1.I)
- [tclatam.com](https://tclatam.com)
- LinkedIn @TC-LATIN-AMERICA-PARTNERS

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $691,542,700 | 33 | July 6, 2021 |
| October 2022 | $708,016,124 | 33 | April 28, 2022 |
| October 2023 | $639,593,746 | 28 | May 2, 2023 |
| October 2024 | $646,983,554 | 34 | April 29, 2024 |
| October 2025 | $616,839,834 | 32 | March 31, 2025 |
| October 2026 | $529,705,368 | 9 | March 31, 2026 |

Regulatory assets under management: $691,542,700 in the October 2021 data and $529,705,368 in the October 2026 data, down 23%.
Total employees: 33 in October 2021 and 9 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $614,734,919 to $529,705,368 (-14%).

### December 2025
- Employees performing advisory functions went from 18 to 7.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. TC Latin America Partners LLC (CRD 307441): Form ADV filing data as of October 2026.