# Thackeray Partners

> Thackeray Partners is an SEC-registered investment advisory firm in Dallas, TX, registered since 2013, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 4, 2026.

- CRD: 166351
- Filed as: THACKERAY PARTNERS
- Legal name: Thackeray Partners, LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Dallas, TX
- Filing period: October 2026
- Form ADV filing dated: September 4, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/166351
- AdvisorCensus page: https://advisorcensus.com/firm/thackeray-partners-dallas-tx-166351

## Quick answers

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

**Where is Thackeray Partners located?**
Thackeray Partners' principal office is in Dallas, TX, according to its Form ADV; the August 2025 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Thackeray Partners registered with the SEC or a state?**
Thackeray Partners is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 166351.

**How much does Thackeray Partners manage?**
Thackeray Partners reports $488,705,678 in regulatory assets under management in its Form ADV filing dated September 4, 2026 (100% discretionary).

**How have Thackeray Partners' assets and staff changed since 2021?**
In the Form ADV data for Thackeray Partners: Regulatory assets under management: $616,742,490 in the October 2021 data and $488,705,678 in the October 2026 data, down 21%. Total employees: 17 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.

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

**Does Thackeray 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/166351

**Does Thackeray Partners state an account minimum?**
Its Form ADV Part 2A brochure dated March 30, 2026 says: "The minimum initial investment amount of Limited Partners in the Funds is generally $5 million. This requirement can be waived at the discretion of the General Partner of each Fund."

**What changed in Thackeray Partners' recent Form ADV filings?**
In the October 2026 filing data: Changed its legal name from Thackeray Partners, L.P. to Thackeray Partners, LP. Regulatory assets under management went from $442,719,874 to $488,705,678 (+10%).

## 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 30, 2026)

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

> The minimum initial investment amount of Limited Partners in the Funds is generally $5 million. This requirement can be waived at the discretion of the General Partner of each Fund.

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

### Regulatory assets under management (Item 5.F)
- Total: $488,705,678
- Discretionary: $488,705,678
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $488,705,678 |

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

### Firm details
- Registered since: 2013 (13 years)
- Employees: 11 total, 11 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2025 filing
- Charleston, SC
- Newport Beach, CA

### Websites listed on Form ADV (Item 1.I)
- thackeraypartners.com
- LinkedIn @thackeray-partners

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $616,742,490 | 17 | June 28, 2021 |
| October 2022 | $540,648,737 | 20 | March 29, 2022 |
| October 2023 | $499,466,768 | 19 | March 30, 2023 |
| October 2024 | $413,223,729 | 21 | March 28, 2024 |
| October 2025 | $309,368,140 | 22 | July 1, 2025 |
| October 2026 | $488,705,678 | 11 | September 4, 2026 |

Regulatory assets under management: $616,742,490 in the October 2021 data and $488,705,678 in the October 2026 data, down 21%.
Total employees: 17 in October 2021 and 11 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Changed its legal name from Thackeray Partners, L.P. to Thackeray Partners, LP.
- Regulatory assets under management went from $442,719,874 to $488,705,678 (+10%).

### April 2026
- Regulatory assets under management went from $555,316,978 to $442,719,874 (-20%).

### January 2026
- Regulatory assets under management went from $309,368,140 to $555,316,978 (+80%).
- Employees performing advisory functions went from 21 to 11.
- No longer lists an office in Charleston, SC.
- No longer lists an office in Newport Beach, CA.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Thackeray Partners (CRD 166351): Form ADV filing data as of October 2026.