# Yukon Partners Management, L.L.C.

> Yukon Partners Management, L.L.C. is an SEC-registered investment advisory firm in Minneapolis, MN, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 159991
- Filed as: YUKON PARTNERS MANAGEMENT, L.L.C.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Minneapolis, MN
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/159991
- AdvisorCensus page: https://advisorcensus.com/firm/yukon-partners-management-l-l-c-minneapolis-mn-159991

## Quick answers

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

**Where is Yukon Partners Management, L.L.C. located?**
Yukon Partners Management, L.L.C.'s principal office is in Minneapolis, MN, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Yukon Partners Management, L.L.C. registered with the SEC or a state?**
Yukon Partners Management, L.L.C. is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 159991.

**How much does Yukon Partners Management, L.L.C. manage?**
Yukon Partners Management, L.L.C. reports $1,753,877,304 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Yukon Partners Management, L.L.C.'s assets and staff changed since 2021?**
In the Form ADV data for Yukon Partners Management, L.L.C.: Regulatory assets under management: $1,297,750,879 in the October 2021 data and $1,753,877,304 in the October 2026 data, up 35%. Total employees: 17 in October 2021 and 19 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Yukon Partners Management, L.L.C. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (18).

**Does Yukon Partners Management, L.L.C. 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/159991

**Does Yukon Partners Management, L.L.C. state an account minimum?**
Its Form ADV Part 2A brochure dated March 30, 2026 says: "A minimum capital commitment of $5 million is generally required of an investor in a Yukon Fund, provided that this minimum has been waived from time to time and may be waived by a fund’s general partner in its discretion."

**What changed in Yukon Partners Management, L.L.C.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 17 to 16. Regulatory assets under management went from $2,031,005,774 to $1,753,877,304 (-14%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 30, 2026)

- Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)

> A minimum capital commitment of $5 million is generally required of an investor in a Yukon Fund, provided that this minimum has been waived from time to time and may be waived by a fund’s general partner in its discretion.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $1,753,877,304
- Discretionary: $1,753,877,304
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | Not reported |
| High net worth individuals | 0 | Not reported |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 18 | $1,753,877,304 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |
| Other | 0 | Not reported |

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

### Firm details
- Registered since: 2012 (14 years)
- Employees: 19 total, 16 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MN
- 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
- West Palm Beach, FL

### Websites listed on Form ADV (Item 1.I)
- [yukonpartners.com](https://yukonpartners.com)
- LinkedIn @YUKON-PARTNERS
- X @YUKONPARTNERS

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,297,750,879 | 17 | March 25, 2021 |
| October 2022 | $1,471,141,982 | 17 | March 24, 2022 |
| October 2023 | $1,351,244,515 | 17 | March 27, 2023 |
| October 2024 | $1,844,617,372 | 21 | May 21, 2024 |
| October 2025 | $2,031,005,774 | 22 | March 26, 2025 |
| October 2026 | $1,753,877,304 | 19 | March 30, 2026 |

Regulatory assets under management: $1,297,750,879 in the October 2021 data and $1,753,877,304 in the October 2026 data, up 35%.
Total employees: 17 in October 2021 and 19 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 17 to 16.
- Regulatory assets under management went from $2,031,005,774 to $1,753,877,304 (-14%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Yukon Partners Management, L.L.C. (CRD 159991): Form ADV filing data as of October 2026.
