AUMdb

Ffl Partners, Llc

SEC-registered Private Fund Manager · Mid-sized ($1B–$10B) CRD 156980 · SEC file 801-73886 · San Francisco, CA · WWW.FFLPARTNERS.COM
☆ Save with Pro ADV data as of Mar 29, 2026
Regulatory AUM
$4.1B
Discretionary
$4.1B
Clients
30
Avg AUM / client
$137M
Accounts
30
Employees
43

AUM over time

$2.4B $5.8B
Dec 2011 Dec 2025

Annual snapshots from Form ADV filings · as of Mar 29, 2026

Who they serve

Client typeClientsAUM% of AUM
Pooled investment vehicles (non-investment companies) 30 $4.1B 100.0%

Private funds (34)

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Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $3.0B combined gross assets

FundTypeDomicileGross assetsOwners
Ffl Capital Partners V, L.P. Private Equity Fund Delaware $966M 47
Ffl Capital Partners Iv, L.P. Private Equity Fund Cayman Islands $418M 55
Ffl Parallel Fund V, L.P. Private Equity Fund Delaware $278M 21
Ffl Parallel Fund Iv, L.P. Private Equity Fund Cayman Islands $268M 37
Ffl Parallel Cf, L.P. Private Equity Fund Delaware $206M 15
Ffl Capital Partners Cf, L.P. Private Equity Fund Delaware $202M 47
Ffl Individual Partners V, L.P. Private Equity Fund Delaware $160M 94
Ffl Parallel Fund Iv (De), L.P. Private Equity Fund Delaware $131M 6
Ffl V Nl1 Co Investment Fund, L.P. Private Equity Fund Delaware $94.9M 18
Ffl V Alku Co Investment Fund, L.P. Private Equity Fund Delaware $60.6M 10
Ffl V Cms Co Investment Fund, L.P. Private Equity Fund Delaware $58.8M 5
Ffl V Alku Co Investment Parallel Fund, L.P. Private Equity Fund Delaware $29.5M 6
Ffl V Crfo Holdings Co Investment Fund, L.P. Private Equity Fund Delaware $14.6M 1
Ffl Parallel Fund Iv (De Ii), L.P. Private Equity Fund Delaware $12.1M 3
Ffl Iv Co Investment Fund, L.P. Private Equity Fund Delaware $11.2M 7

People (7)

NameRole / titleCredentialsWith firm sinceOwnership
Fleischer, Spencer, Charles Senior Managing Member Mar 1998 (28y) Less than 5%
Harris, Christopher, Andrew Senior Managing Member Mar 2016 (10y) Less than 5%
Long, Gregory, Michael Senior Managing Member Mar 2016 (10y) Less than 5%
Money, Aaron, Stivers Senior Managing Member Mar 2016 (10y) Less than 5%
Nykodym, Patricia, Ann Chief Financial Officer / Chief Compliance Officer Mar 2016 (10y) Less than 5%
Schneller, Cas, Andrew Senior Managing Member Mar 2016 (10y) Less than 5%
Duggal, Rajat, Nmn Senior Managing Member Jul 2017 (9y) Less than 5%

Entity owners (Schedule A/B)

EntityTitle / statusSinceSch.Ownership
Ffl Partners, L.P. Managing Member Jul 2016 A 75% or more
Ffl Partners Holdings, Llc General Partner Mar 2016 B GP / trustee / elected manager of Ffl Partners, L.P. (indirect)

Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.

Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.

Private funds (34, $3.0B gross assets)

FundTypeGross assetsMin. investmentOwners
Ffl Capital Partners V, L.P. Private Equity Fund $966M $10.0M 47
Ffl Capital Partners Iv, L.P. Private Equity Fund $418M $10.0M 55
Ffl Parallel Fund V, L.P. Private Equity Fund $278M $0 21
Ffl Parallel Fund Iv, L.P. Private Equity Fund $268M $0 37
Ffl Parallel Cf, L.P. Private Equity Fund $206M $0 15
Ffl Capital Partners Cf, L.P. Private Equity Fund $202M $0 47
Ffl Individual Partners V, L.P. Private Equity Fund $160M $0 94
Ffl Parallel Fund Iv (De), L.P. Private Equity Fund $131M $0 6
Ffl V Nl1 Co Investment Fund, L.P. Private Equity Fund $94.9M $0 18
Ffl V Alku Co Investment Fund, L.P. Private Equity Fund $60.6M $0 10
Ffl V Cms Co Investment Fund, L.P. Private Equity Fund $58.8M $0 5
Ffl V Alku Co Investment Parallel Fund, L.P. Private Equity Fund $29.5M $0 6
Ffl V Crfo Holdings Co Investment Fund, L.P. Private Equity Fund $14.6M $0 1
Ffl Parallel Fund Iv (De Ii), L.P. Private Equity Fund $12.1M $0 3
Ffl Iv Co Investment Fund, L.P. Private Equity Fund $11.2M $0 7
Ffl Executive Partners V, L.P. Private Equity Fund $10.4M $0 24
Ffl Designated Partners Iv, L.P. Private Equity Fund $9.2M $0 20
Ffl V Pearl Health Co Investment Fund, L.P. Private Equity Fund $8.5M $0 2
Ffl Individual Partners Iv, L.P. Private Equity Fund $8.3M $0 35
Ffl Executive Partners Iv, L.P. Private Equity Fund $6.5M $0 21
Ffl V Abacus Co Investment Fund, L.P. Private Equity Fund $5.3M $0 2
Ffl Iv Co Investment Parallel Fund, L.P. Private Equity Fund $4.8M $0 2
Ffl V Ops Co Investment Fund, L.P. Private Equity Fund $4.4M $0 2
Ffl Parallel Feeder, L.P. Private Equity Fund $0 $0 0
Ffl Executive Partners Iii, L.P. Private Equity Fund $0 $0 0

Top 25 of 34 funds by gross assets · all funds

From Form ADV Section 7.B private fund reporting.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 03/29/2026 7.07 MB View · PDF · Source ↗

Archived copies of the firm's regulatory filings, versioned by content hash.

Disciplinary disclosures

Regulatory as of Mar 28, 2024

Allegations: ALLEGATIONS OF VIOLATIONS OF SECTION 206(4) OF THE INVESTMENT ADVISERS ACT OF 1940 AND RULE 206(4)-5 THEREUNDER. Status: Final Sanction Detail: FFL PAID A CIVIL MONEY PENALTY IN THE AMOUNT OF $75,000 ON JANUARY 20, 2017. Summary: ON JANUARY 17, 2017, FFL CONSENTED TO THE ENTRY OF AN ADMINISTRATIVE ORDER BY THE SEC FINDING THAT FFL VIOLATED SECTION 206(4) OF THE ADVISERS ACT AND RULE 206(4)-5 THEREUNDER. THE SEC FOUND THAT, IN 2012, AN FFL EMPLOYEE COVERED BY THE RULE MADE A PERSONAL CONTRIBUTION TO THE GUBERNATORIAL CAMPAIGN OF A STATE GOVERNMENT OFFICIAL. AT THAT TIME, THE STATE'S PENSION PLAN WAS A LIMITED PARTNER IN AN FFL FUND. IN THE CONSENT ORDER, FFL WAS NOT REQUIRED TO AND DID NOT ADMIT OR DENY ANY FINDINGS BY THE SEC, BUT AGREED TO PAY A $75,000 FINE AND TO CEASE AND DESIST ANY VIOLATIONS OR FUTURE VIOLATIONS OF THE RULE.

Disclosure text reproduced verbatim from the firm's own Form ADV filings.

How they charge

  • Percentage of assets under management
  • Performance-based fees

Services

  • Portfolio management for pooled investment vehicles

Custody

Firm reports having custody of client funds or securities (Item 9.A).

No custodian data reported or mined yet.

Source

All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 29, 2026.

View current Form ADV (SEC/IAPD) ↗