# XPV Management LLC

> XPV Management LLC is an SEC-registered investment advisory firm in El Segundo, CA, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 30, 2026.

- CRD: 322445
- Filed as: XPV MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: El Segundo, CA
- Filing period: October 2026
- Form ADV filing dated: April 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/322445
- AdvisorCensus page: https://advisorcensus.com/firm/xpv-management-llc-el-segundo-ca-322445

## Quick answers

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

**Where is XPV Management LLC located?**
XPV Management LLC's principal office is in El Segundo, CA, according to its Form ADV.

**Is XPV Management LLC registered with the SEC or a state?**
XPV Management LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 322445.

**How much does XPV Management LLC manage?**
XPV Management LLC reports $193,567,208 in regulatory assets under management in its Form ADV filing dated April 30, 2026 (100% discretionary).

**How have XPV Management LLC's assets and staff changed since 2025?**
In the Form ADV data for XPV Management LLC: Regulatory assets under management: $144,410,123 in the October 2025 data and $193,567,208 in the October 2026 data, up 34%. Total employees: 17 in October 2025 and 17 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does XPV Management LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (9).

**Does XPV Management 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/322445

**What changed in XPV Management LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $144,410,123 to $194,280,185 (+35%).

## 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: $193,567,208
- Discretionary: $193,567,208
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 9 | $193,567,208 |

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

### Firm details
- Registered since: 2025 (1 year)
- Employees: 17 total, 14 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- xand.vc
- LinkedIn @xandvc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $144,410,123 | 17 | July 14, 2025 |
| October 2026 | $193,567,208 | 17 | April 30, 2026 |

Regulatory assets under management: $144,410,123 in the October 2025 data and $193,567,208 in the October 2026 data, up 34%.
Total employees: 17 in October 2025 and 17 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $144,410,123 to $194,280,185 (+35%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. XPV Management LLC (CRD 322445): Form ADV filing data as of October 2026.