Francisco Partners Management, L.P.
SEC-registered
Private Fund Manager · Large ($10B–$100B)
CRD 160272
· SEC file 801-73955
· San Francisco, CA
· www.linkedin.com
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ADV data as of Mar 31, 2026
- Regulatory AUM
- $47.1B
- Discretionary
- $47.1B
- Clients
- 52
- Avg AUM / client
- $905M
- Accounts
- 52
- Employees
- 140
AUM over time
$5.0B
$47.1B
Dec 2011
Dec 2025
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 52 | $47.1B | 100.0% |
Private funds (42)
View all →Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $45.0B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Francisco Partners Vii A, L.P. | Private Equity Fund | Cayman Islands | $6.7B | 235 |
| Francisco Partners Vii, L.P. | Private Equity Fund | Cayman Islands | $5.7B | 271 |
| Francisco Partners V, L.P. | Private Equity Fund | Cayman Islands | $4.6B | 204 |
| Francisco Partners Vi, L.P. | Private Equity Fund | Cayman Islands | $4.5B | 246 |
| Francisco Partners Iv, L.P. | Private Equity Fund | Cayman Islands | $2.5B | 126 |
| Francisco Partners Vi A, L.P. | Private Equity Fund | Cayman Islands | $2.4B | 80 |
| Fp Credit Partners Ii, L.P., master | Private Equity Fund | Cayman Islands | $2.3B | 157 |
| Francisco Partners V A, L.P. | Private Equity Fund | Cayman Islands | $2.0B | 48 |
| Francisco Partners Agility Iii, L.P. | Private Equity Fund | Cayman Islands | $1.6B | 210 |
| Francisco Partners Agility Iii A, L.P. | Private Equity Fund | Cayman Islands | $1.5B | 141 |
| Francisco Partners Agility Ii, L.P. | Private Equity Fund | Cayman Islands | $1.2B | 109 |
| Francisco Partners Iv A, L.P. | Private Equity Fund | Cayman Islands | $1.1B | 57 |
| Francisco Partners Vi B, L.P. | Private Equity Fund | Cayman Islands | $1.0B | 55 |
| Francisco Partners Agility Ii A, L.P. | Private Equity Fund | Cayman Islands | $709M | 50 |
| Francisco Partners Vii C, L.P. | Private Equity Fund | Delaware | $681M | 12 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Metropolitan Opera Association Retirement Plan Metropolitan Opera Association, Inc | 2024 | |
| International Painters And Allied Trades Industry Annuity Plan Intl Painters & Allied Trades Ind. Pension Fund | 2024 | |
| Ibt Consolidated Pension Plan Bd Of Trustees Of Ibt Consolidated Pension Fund | Seattle, WA | 2024 |
People (4)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Ludwig, Thomas, Lawrence | Chief Operating Officer | Jan 2010 (17y) | Less than 5% | |
| Herr, John, Winship | Chief Financial Officer | Jan 2013 (14y) | Less than 5% | |
| Deb, Dipanjan, (Nmn) | Chief Executive Officer | Mar 2015 (11y) | Less than 5% | |
| Eisner, Steven, Glenn | General Counsel And Chief Compliance Officer | Jan 2017 (10y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Francisco Partners Holdings, L.P. | Owner | Jul 2018 | A | 75% or more |
| Francisco Partners Management Gp, Llc | General Partner | Jan 2012 | A | Less than 5% |
| Francisco Partners Feeder, L.P. | Owner | Jul 2018 | B | ≈ 56.25% – 100% via Francisco Partners Holdings, L.P. |
| Francisco Partners Management Gp, Llc | General Partner | Jul 2018 | B | GP / trustee / elected manager of Francisco Partners Feeder, L.P. (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Francisco Partners Feeder, L.P.: 75% – 100% of Francisco Partners Holdings, L.P. × 75% – 100% direct ≈ 56.25% – 100% of the firm
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 (42, $45.0B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Francisco Partners Vii A, L.P. | Private Equity Fund | $6.7B | $100K | 235 |
| Francisco Partners Vii, L.P. | Private Equity Fund | $5.7B | $50.0K | 271 |
| Francisco Partners V, L.P. | Private Equity Fund | $4.6B | $100K | 204 |
| Francisco Partners Vi, L.P. | Private Equity Fund | $4.5B | $50.0K | 246 |
| Francisco Partners Iv, L.P. | Private Equity Fund | $2.5B | $100K | 126 |
| Francisco Partners Vi A, L.P. | Private Equity Fund | $2.4B | $100K | 80 |
| Fp Credit Partners Ii, L.P., | Private Equity Fund | $2.3B | $100K | 157 |
| Francisco Partners V A, L.P. | Private Equity Fund | $2.0B | $100K | 48 |
| Francisco Partners Agility Iii, L.P. | Private Equity Fund | $1.6B | $50.0K | 210 |
| Francisco Partners Agility Iii A, L.P. | Private Equity Fund | $1.5B | $50.0K | 141 |
| Francisco Partners Agility Ii, L.P. | Private Equity Fund | $1.2B | $50.0K | 109 |
| Francisco Partners Iv A, L.P. | Private Equity Fund | $1.1B | $100K | 57 |
| Francisco Partners Vi B, L.P. | Private Equity Fund | $1.0B | $100K | 55 |
| Francisco Partners Agility Ii A, L.P. | Private Equity Fund | $709M | $100K | 50 |
| Francisco Partners Vii C, L.P. | Private Equity Fund | $681M | $100K | 12 |
| Francisco Partners Vi D, L.P. | Private Equity Fund | $633M | $1.0M | 13 |
| Francisco Partners Iii (Cayman), L.P. | Private Equity Fund | $611M | $100K | 152 |
| Fp Credit Partners, L.P. | Private Equity Fund | $611M | $100K | 71 |
| Francisco Partners Agility, L.P. | Private Equity Fund | $601M | $100K | 30 |
| Francisco Partners V B, L.P. | Private Equity Fund | $601M | $100K | 33 |
| Fp Planet, L.P. | Private Equity Fund | $508M | $100K | 2 |
| Q Street Capital, L.P. | Private Equity Fund | $436M | $100K | 2 |
| Francisco Partners Iii (Domestic Aiv), L.P. | Private Equity Fund | $271M | $100K | 119 |
| Fp Credit Partners C Feeder, L.P. | Private Equity Fund | $270M | $100K | 2 |
| Francisco Partners Agility A, L.P. | Private Equity Fund | $238M | $100K | 14 |
Top 25 of 42 funds by gross assets · all funds
From Form ADV Section 7.B private fund reporting.
Retirement plans served (3)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Metropolitan Opera Association Retirement Plan | Metropolitan Opera Association, Inc | 715 | $278M | 08/01/2024 |
| International Painters And Allied Trades Industry Annuity Plan | Intl Painters & Allied Trades Ind. Pension Fund | 25,636 | $644M | 01/01/2024 |
| Ibt Consolidated Pension Plan | Bd Of Trustees Of Ibt Consolidated Pension Fund | 3,457 | $180M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 10.1 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports it does not have 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 31, 2026.
View current Form ADV (SEC/IAPD) ↗