Waud Capital Partners, Llc
- Regulatory AUM
- $4.6B
- Discretionary
- $4.6B
- Clients
- 24
- Avg AUM / client
- $190M
- Accounts
- 26
- Employees
- 65
AUM over time
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) | 24 | $4.6B | 100.0% |
Private funds (21)
View all →Reported in Form ADV Section 7.B.(1), filing of Apr 2024 · $4.7B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Waud Capital Partners Qp V, L.P. | Private Equity Fund | Delaware | $993M | 51 |
| Waud Capital Partners Qp Iv, L.P. | Private Equity Fund | Delaware | $879M | 73 |
| Waud Capital Partners Fif V, L.P. | Private Equity Fund | Delaware | $542M | 21 |
| Waud Capital Partners Fif Iv, L.P. | Private Equity Fund | Delaware | $413M | 21 |
| Waud Capital Partners Qp Vi, L.P. | Private Equity Fund | Delaware | $336M | 40 |
| Wcp Ivyrehab Qp Cf, L.P. master | Private Equity Fund | Delaware | $325M | 29 |
| Waud Capital Affiliates Iv, Llc | Private Equity Fund | Delaware | $213M | 19 |
| Wcp Ivyrehab Fif Cf, L.P. master | Private Equity Fund | Delaware | $171M | 29 |
| Waud Capital Affiliates Vi, Llc | Private Equity Fund | Delaware | $166M | 17 |
| Waud Capital Affiliates V, Llc | Private Equity Fund | Delaware | $125M | 25 |
| Waud Capital Partners Fif Vi, L.P. | Private Equity Fund | Delaware | $115M | 7 |
| Wcp Ivyrehab Qp Cf 2, L.P. | Private Equity Fund | Delaware | $111M | 25 |
| Waud Capital Partners Qp Iii, L.P. | Private Equity Fund | Delaware | $63.0M | 61 |
| Waud Capital Iris Coinvestment, Llc | Private Equity Fund | Delaware | $41.2M | 5 |
| Waud Capital Casablanca Coinvestment, Llc | Private Equity Fund | Delaware | $40.9M | 13 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Aarp Employees' Pension Plan Aarp | Washington, DC | 2024 |
People (3)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Waud, Reeve, Byron | Managing Partner | Jul 1998 (28y) | 75% or more | |
| Flower, Mark, Daniel | Cco / Cfo | Feb 2004 (23y) | Less than 5% | |
| Clary, Matthew, William | Partner | Oct 2004 (22y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Reeve B. Waud, Jr. Exclusion Trust | Member | Jul 1998 | A | 5% – 10% |
| Cecily R. M. Waud Exclusion Trust | Member | Jul 1998 | A | 5% – 10% |
| Briar Hall Management, Llc | Trustee | Mar 2024 | B | GP / trustee / elected manager of Reeve B. Waud, Jr. Exclusion Trust (indirect) |
Undisclosed: 0% – 15% 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 (21, $4.7B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Waud Capital Partners Qp V, L.P. | Private Equity Fund | $993M | $500K | 51 |
| Waud Capital Partners Qp Iv, L.P. | Private Equity Fund | $879M | $1.0M | 73 |
| Waud Capital Partners Fif V, L.P. | Private Equity Fund | $542M | $5.0M | 21 |
| Waud Capital Partners Fif Iv, L.P. | Private Equity Fund | $413M | $2.0M | 21 |
| Waud Capital Partners Qp Vi, L.P. | Private Equity Fund | $336M | $200K | 40 |
| Wcp Ivyrehab Qp Cf, L.P. | Private Equity Fund | $325M | $50.0K | 29 |
| Waud Capital Affiliates Iv, Llc | Private Equity Fund | $213M | $0 | 19 |
| Wcp Ivyrehab Fif Cf, L.P. | Private Equity Fund | $171M | $50.0K | 29 |
| Waud Capital Affiliates Vi, Llc | Private Equity Fund | $166M | $0 | 17 |
| Waud Capital Affiliates V, Llc | Private Equity Fund | $125M | $0 | 25 |
| Waud Capital Partners Fif Vi, L.P. | Private Equity Fund | $115M | $3.0M | 7 |
| Wcp Ivyrehab Qp Cf 2, L.P. | Private Equity Fund | $111M | $88.6K | 25 |
| Waud Capital Partners Qp Iii, L.P. | Private Equity Fund | $63.0M | $1.0M | 61 |
| Waud Capital Iris Coinvestment, Llc | Private Equity Fund | $41.2M | $2.2M | 5 |
| Waud Capital Casablanca Coinvestment, Llc | Private Equity Fund | $40.9M | $120K | 13 |
| Waud Capital Partners Fif Iii, L.P. | Private Equity Fund | $29.8M | $3.0M | 9 |
| Waud Capital Align Coinvestment, Llc | Private Equity Fund | $26.0M | $713K | 15 |
| Waud Lifelong Learner Coinvestment, Llc | Private Equity Fund | $24.6M | $13.7M | 3 |
| Waud Capital Partners Iv, L.P. | Private Equity Fund | $23.8M | $250K | 4 |
| Waud Capital Partners Iii, L.P. | Private Equity Fund | $12.3M | $250K | 7 |
| Waud Capital Affiliates Iii, Llc | Private Equity Fund | $10.4M | $0 | 7 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Aarp Employees' Pension Plan | Aarp | 2,180 | $1.6B | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 5.49 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
- • Other fees
- • PORTFOLIO COMPANY MANAGEMENT AND TRANSACTION FEES
Services
- • Portfolio management for pooled investment vehicles
- • Other services
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 31, 2026.
View current Form ADV (SEC/IAPD) ↗