# TCP Management LLC

> TCP Management LLC is an SEC-registered investment advisory firm in Atlanta, GA, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 24, 2026.

- CRD: 319179
- Filed as: TCP MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Atlanta, GA
- Filing period: October 2026
- Form ADV filing dated: June 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/319179
- AdvisorCensus page: https://advisorcensus.com/firm/tcp-management-llc-atlanta-ga-319179

## Quick answers

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

**Where is TCP Management LLC located?**
TCP Management LLC's principal office is in Atlanta, GA, according to its Form ADV.

**Is TCP Management LLC registered with the SEC or a state?**
TCP Management LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 319179.

**How much does TCP Management LLC manage?**
TCP Management LLC reports $463,512,316 in regulatory assets under management in its Form ADV filing dated June 24, 2026 (75% discretionary).

**What types of clients does TCP Management LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4).

**Does TCP Management 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/319179

**Does TCP Management LLC state an account minimum?**
Its Form ADV Part 2A brochure dated June 24, 2026 says: "The minimum initial investment in the Funds is $5 million, although the General Partner reserves the right to accept commitments of lesser amounts in its discretion."

**What changed in TCP Management LLC's recent Form ADV filings?**
In the July 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

### Fees and minimums (Form ADV Part 2A brochure dated June 24, 2026)

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

> The minimum initial investment in the Funds is $5 million, although the General Partner reserves the right to accept commitments of lesser amounts in its discretion.

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

### Regulatory assets under management (Item 5.F)
- Total: $463,512,316
- Discretionary: $347,250,723
- Non-discretionary: $116,261,593

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $463,512,316 |

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

### Firm details
- Registered since: 2026 (0 years)
- Employees: 12 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: GA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [terminuscp.com](https://terminuscp.com)
- LinkedIn @terminus-capital-partners

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | Not reported | Not reported | February 18, 2022 |
| October 2023 | Not reported | Not reported | April 11, 2023 |
| October 2024 | Not reported | Not reported | March 29, 2024 |
| October 2025 | Not reported | Not reported | February 13, 2025 |
| October 2026 | $463,512,316 | 12 | June 24, 2026 |


## Changes in the filing (last 12 months)

### July 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. TCP Management LLC (CRD 319179): Form ADV filing data as of October 2026.