{
  "crd_number": 171042,
  "slug": "thl-managers-vii-llc-boston-ma-171042",
  "primary_business_name": "THL MANAGERS VII, LLC",
  "legal_name": "THL MANAGERS VII, LLC",
  "dbas": [],
  "city": "Boston",
  "state": "MA",
  "country": "United States",
  "cbsa_code": "14460",
  "metro": {
    "cbsa_code": "14460",
    "common_name": "Boston",
    "msa_name": "Boston-Cambridge-Newton, MA-NH",
    "path": "/advisors/ma/boston"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2014-05-19",
  "years_registered": 12,
  "period": "2026-10-01",
  "filing_date": "2026-07-02",
  "carried_forward": false,
  "raum_total": 21483389334.0,
  "raum_discretionary": 21483389334.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 150,
  "advisory_employees": 92,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 21483389334.0,
      "count": 26
    }
  },
  "compensation_types": [
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "MA"
  ],
  "websites": [
    "https://linkedin.com/company/thomas-h-lee-partners",
    "https://thl.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/171042",
  "city_as_filed": "BOSTON",
  "url": "https://advisorcensus.com/firm/thl-managers-vii-llc-boston-ma-171042",
  "display_name": "THL Managers VII, LLC",
  "summary": "THL Managers VII, LLC is an SEC-registered investment advisory firm in Boston, MA, registered since 2014, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 2, 2026.",
  "citation": "AdvisorCensus. THL Managers VII, LLC (CRD 171042): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Other"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is THL Managers VII, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), THL Managers VII, LLC reports these compensation arrangements: a percentage of assets under its management; other."
    },
    {
      "q": "Where is THL Managers VII, LLC located?",
      "a": "THL Managers VII, LLC's principal office is in Boston, MA, according to its Form ADV."
    },
    {
      "q": "Is THL Managers VII, LLC registered with the SEC or a state?",
      "a": "THL Managers VII, LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 171042."
    },
    {
      "q": "How much does THL Managers VII, LLC manage?",
      "a": "THL Managers VII, LLC reports $21,483,389,334 in regulatory assets under management in its Form ADV filing dated July 2, 2026 (100% discretionary)."
    },
    {
      "q": "How have THL Managers VII, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for THL Managers VII, LLC: Regulatory assets under management: $13,097,349,949 in the October 2021 data and $21,483,389,334 in the October 2026 data, up 64%. Total employees: 127 in October 2021 and 150 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does THL Managers VII, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (26)."
    },
    {
      "q": "Does THL Managers VII, LLC report any disciplinary disclosures?",
      "a": "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/171042"
    },
    {
      "q": "What changed in THL Managers VII, LLC's recent Form ADV filings?",
      "a": "In the July 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 13097349949.0,
      "total_employees": 127,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 17698319447.0,
      "total_employees": 134,
      "filing_date": "2022-09-12"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 15429885261.0,
      "total_employees": 163,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 14393968874.0,
      "total_employees": 157,
      "filing_date": "2024-08-20"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 20275213144.0,
      "total_employees": 149,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 21483389334.0,
      "total_employees": 150,
      "filing_date": "2026-07-02"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 90 to 92."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/thl-managers-vii-llc-boston-ma-171042.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 26,
      "fewer_than_5": false,
      "raum": 21483389334.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/171042",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}
