# The Windacre Partnership LLC

> The Windacre Partnership LLC is an SEC-registered investment advisory firm in Houston, TX, registered since 2014, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 3, 2026.

- CRD: 168761
- Filed as: THE WINDACRE PARTNERSHIP LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Houston, TX
- Filing period: October 2026
- Form ADV filing dated: March 3, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/168761
- AdvisorCensus page: https://advisorcensus.com/firm/the-windacre-partnership-llc-houston-tx-168761

## Quick answers

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

**Where is The Windacre Partnership LLC located?**
The Windacre Partnership LLC's principal office is in Houston, TX, according to its Form ADV.

**Is The Windacre Partnership LLC registered with the SEC or a state?**
The Windacre Partnership LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 168761.

**How much does The Windacre Partnership LLC manage?**
The Windacre Partnership LLC reports $11,422,849,000 in regulatory assets under management in its Form ADV filing dated March 3, 2026 (100% discretionary).

**How have The Windacre Partnership LLC's assets and staff changed since 2021?**
In the Form ADV data for The Windacre Partnership LLC: Regulatory assets under management: $5,841,813,971 in the October 2021 data and $11,422,849,000 in the October 2026 data, up 96%. Total employees: 10 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does The Windacre Partnership LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

**Does The Windacre Partnership 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/168761

**Does The Windacre Partnership LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 3, 2026 says: "Investors in the Fund are generally required to make minimum initial investments of at least $100,000,000; however, such amount could be reduced at the sole discretion of the General Partner, an affiliate of The WindAcre Partnership."

**What changed in The Windacre Partnership LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $9,659,660,000 to $11,422,849,000 (+18%).

## 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 3, 2026)

- Account minimum: $100,000,000 (the brochure says it may be waived or negotiated)

> Investors in the Fund are generally required to make minimum initial investments of at least $100,000,000; however, such amount could be reduced at the sole discretion of the General Partner, an affiliate of The WindAcre Partnership.

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

### Regulatory assets under management (Item 5.F)
- Total: $11,422,849,000
- Discretionary: $11,422,849,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $11,422,849,000 |

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

### Firm details
- Registered since: 2014 (12 years)
- Employees: 8 total, 4 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.

### Websites listed on Form ADV (Item 1.I)
- windacre.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $5,841,813,971 | 10 | March 23, 2021 |
| October 2022 | $7,107,036,000 | 10 | May 4, 2022 |
| October 2023 | $6,226,377,417 | 10 | August 17, 2023 |
| October 2024 | $8,254,928,308 | 10 | March 11, 2024 |
| October 2025 | $9,659,660,000 | 8 | March 13, 2025 |
| October 2026 | $11,422,849,000 | 8 | March 3, 2026 |

Regulatory assets under management: $5,841,813,971 in the October 2021 data and $11,422,849,000 in the October 2026 data, up 96%.
Total employees: 10 in October 2021 and 8 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $9,659,660,000 to $11,422,849,000 (+18%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. The Windacre Partnership LLC (CRD 168761): Form ADV filing data as of October 2026.