# Viburnum Funds Pty Ltd

> Viburnum Funds Pty Ltd is an SEC-registered investment advisory firm in Nedlands, Australia, registered since 2019, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 29, 2026.

- CRD: 174628
- Filed as: VIBURNUM FUNDS PTY LTD
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Nedlands, Australia
- Filing period: October 2026
- Form ADV filing dated: September 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/174628
- AdvisorCensus page: https://advisorcensus.com/firm/viburnum-funds-pty-ltd-nedlands-174628

## Quick answers

**How is Viburnum Funds Pty Ltd compensated?**
On its Form ADV (Item 5.E, October 2026), Viburnum Funds Pty Ltd 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 Viburnum Funds Pty Ltd located?**
Viburnum Funds Pty Ltd's principal office is in Nedlands, Australia, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Viburnum Funds Pty Ltd registered with the SEC or a state?**
Viburnum Funds Pty Ltd is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 174628.

**How much does Viburnum Funds Pty Ltd manage?**
Viburnum Funds Pty Ltd reports $219,386,400 in regulatory assets under management in its Form ADV filing dated September 29, 2026 (90% discretionary).

**How have Viburnum Funds Pty Ltd's assets and staff changed since 2021?**
In the Form ADV data for Viburnum Funds Pty Ltd: Regulatory assets under management: $506,642,723 in the October 2021 data and $219,386,400 in the October 2026 data, down 57%. Total employees: 14 in October 2021 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Viburnum Funds Pty Ltd serve?**
By number of clients on Form ADV Item 5.D: corporations or other businesses not listed above (9); pooled investment vehicles (other than investment companies and business development companies) (3); state or municipal government entities (including government pension plans) (1).

**Does Viburnum Funds Pty Ltd 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/174628

**What changed in Viburnum Funds Pty Ltd's recent Form ADV filings?**
In the October 2026 filing data: Regulatory assets under management went from $276,371,801 to $219,386,400 (-21%). Updated its list of owners and control persons (Schedule A).

## 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: $219,386,400
- Discretionary: $196,867,510
- Non-discretionary: $22,518,890

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $48,914,705 |
| State or municipal government entities (including government pension plans) | 1 | $22,209,785 |
| Corporations or other businesses not listed above | 9 | $148,261,910 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2019 (7 years)
- Employees: 13 total, 10 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 October 2026 filing
- Richmond, Vic

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $506,642,723 | 14 | September 8, 2021 |
| October 2022 | $405,252,545 | 13 | September 26, 2022 |
| October 2023 | $343,830,005 | 13 | September 27, 2023 |
| October 2024 | $357,348,583 | 13 | September 25, 2024 |
| October 2025 | $357,348,583 | 13 | September 25, 2024 |
| October 2026 | $219,386,400 | 13 | September 29, 2026 |

Regulatory assets under management: $506,642,723 in the October 2021 data and $219,386,400 in the October 2026 data, down 57%.
Total employees: 14 in October 2021 and 13 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Regulatory assets under management went from $276,371,801 to $219,386,400 (-21%).
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Employees performing advisory functions went from 11 to 10.
- Regulatory assets under management went from $357,348,583 to $276,371,801 (-23%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Viburnum Funds Pty Ltd (CRD 174628): Form ADV filing data as of October 2026.