# Varsity Healthcare Partners

> Varsity Healthcare Partners is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2016, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 285151
- Filed as: VARSITY HEALTHCARE PARTNERS
- Legal name: Varsity Management Company, LP
- Also doing business as: VARSITY HEALTHCARE PARTNERS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Los Angeles, CA
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/285151
- AdvisorCensus page: https://advisorcensus.com/firm/varsity-healthcare-partners-los-angeles-ca-285151

## Quick answers

**How is Varsity Healthcare Partners compensated?**
On its Form ADV (Item 5.E, October 2026), Varsity Healthcare Partners reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Varsity Healthcare Partners located?**
Varsity Healthcare Partners' principal office is in Los Angeles, CA, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Varsity Healthcare Partners registered with the SEC or a state?**
Varsity Healthcare Partners is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 285151.

**How much does Varsity Healthcare Partners manage?**
Varsity Healthcare Partners reports $1,859,867,206 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Varsity Healthcare Partners' assets and staff changed since 2021?**
In the Form ADV data for Varsity Healthcare Partners: Regulatory assets under management: $944,588,318 in the October 2021 data and $1,859,867,206 in the October 2026 data, up 97%. Total employees: 17 in October 2021 and 20 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Varsity Healthcare Partners serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (11).

**Does Varsity Healthcare 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/285151

**What changed in Varsity Healthcare Partners' recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 12 to 14. No longer lists an office in Chicago, IL.

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $1,859,867,206
- Discretionary: $1,859,867,206
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 11 | $1,859,867,206 |

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

### Firm details
- Registered since: 2016 (10 years)
- Employees: 20 total, 14 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CT, IL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Stamford, CT

### Websites listed on Form ADV (Item 1.I)
- varsityhealthcarepartners.com
- LinkedIn @VARSITY-HEALTHCARE-PARTNERS

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $944,588,318 | 17 | March 30, 2021 |
| October 2022 | $1,125,776,767 | 21 | March 16, 2022 |
| October 2023 | $1,645,957,025 | 28 | May 25, 2023 |
| October 2024 | $1,829,641,406 | 22 | March 26, 2024 |
| October 2025 | $1,795,185,311 | 18 | April 16, 2025 |
| October 2026 | $1,859,867,206 | 20 | March 30, 2026 |

Regulatory assets under management: $944,588,318 in the October 2021 data and $1,859,867,206 in the October 2026 data, up 97%.
Total employees: 17 in October 2021 and 20 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 12 to 14.
- No longer lists an office in Chicago, IL.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Varsity Healthcare Partners (CRD 285151): Form ADV filing data as of October 2026.