# Transition Equity Partners, LLC

> Transition Equity Partners, LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 2026, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated September 18, 2026.

- CRD: 324358
- Filed as: TRANSITION EQUITY PARTNERS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chicago, IL
- Filing period: October 2026
- Form ADV filing dated: September 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/324358
- AdvisorCensus page: https://advisorcensus.com/firm/transition-equity-partners-llc-chicago-il-324358

## Quick answers

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

**Where is Transition Equity Partners, LLC located?**
Transition Equity Partners, LLC's principal office is in Chicago, IL, according to its Form ADV; the October 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Transition Equity Partners, LLC registered with the SEC or a state?**
Transition Equity Partners, LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 324358.

**How much does Transition Equity Partners, LLC manage?**
Transition Equity Partners, LLC reports $501,770,331 in regulatory assets under management in its Form ADV filing dated September 18, 2026 (100% discretionary).

**What types of clients does Transition Equity Partners, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (8).

**Does Transition Equity 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/324358

**What changed in Transition Equity Partners, LLC's recent Form ADV filings?**
In the October 2026 filing data: Changed its office addresses in New York, NY.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees
- Other

### Regulatory assets under management (Item 5.F)
- Total: $501,770,331
- Discretionary: $501,770,331
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 8 | $501,770,331 |

### Advisory services (Item 5.G)
- Other

### Firm details
- Registered since: 2026 (0 years)
- Employees: 10 total, 8 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IL, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Abu Dhabi
- New York, NY

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | Not reported | Not reported | March 20, 2024 |
| October 2025 | Not reported | Not reported | May 22, 2025 |
| October 2026 | $501,770,331 | 10 | September 18, 2026 |


## Changes in the filing (last 12 months)

### October 2026
- Changed its office addresses in New York, NY.

### April 2026
- Added an office in Abu Dhabi.
- Added an office in New York, NY.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Transition Equity Partners, LLC (CRD 324358): Form ADV filing data as of October 2026.