Formentera Partners Lp
- Regulatory AUM
- $3.3B
- Discretionary
- $3.3B
- Clients
- 15
- Avg AUM / client
- $219M
- Accounts
- 15
- Employees
- 11
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 15 | $3.3B | 100.0% |
Private funds (5)
Reported in Form ADV Section 7.B.(1), filing of May 2024 · $1.1B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Formentera Partners Fund Ii, Lp | Private Equity Fund | Delaware | $587M | 251 |
| Formentera Partners Fund I, Lp | Private Equity Fund | Delaware | $344M | 93 |
| Formentera Permian Fund I, Lp | Private Equity Fund | Delaware | $69.8M | 93 |
| Formentera Australia Fund I, Lp | Private Equity Fund | Delaware | $63.7M | 104 |
| Formentera Partners Fund Ii A, Lp | Private Equity Fund | Delaware | $33.2M | 5 |
People (4)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Sheffield, Sharoll | Trustee | Dec 2012 (14y) | GP / trustee / elected manager of Bryan S. Sheffield Spousal Lifetime Access Trust (indirect) | |
| Sheffield, Bryan, Scott | Managing Partner, Co Founder | May 2018 (8y) | ≈ 37.5% – 75% via Sheffield Holdings, Lp | |
| London, Blake, Benjamin | Limited Partner, Managing Partner, Co Founder, Chief Compliance Officer | Sep 2020 (6y) | 10% – 25% | |
| Becker, Mark, D | Chief Financial Officer | Nov 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Sheffield Holdings, Lp | Limited Partner | Aug 2020 | A | 50% – 75% |
| Sharoll M. Sheffield 2012 Irrevocable Trust | Limited Partner | Dec 2020 | A | 5% – 10% |
| Bryan S. Sheffield Spousal Lifetime Access Trust | Limited Partner | Dec 2020 | A | 5% – 10% |
| Formentera Investments Llc | General Partner | Jul 2020 | A | Less than 5% |
Undisclosed: 0% – 30% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Sheffield, Bryan, Scott: 75% – 100% of Sheffield Holdings, Lp × 50% – 75% direct ≈ 37.5% – 75% 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 (5, $1.1B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Formentera Partners Fund Ii, Lp | Private Equity Fund | $587M | $0 | 251 |
| Formentera Partners Fund I, Lp | Private Equity Fund | $344M | $0 | 93 |
| Formentera Permian Fund I, Lp | Private Equity Fund | $69.8M | $0 | 93 |
| Formentera Australia Fund I, Lp | Private Equity Fund | $63.7M | $0 | 104 |
| Formentera Partners Fund Ii A, Lp | Private Equity Fund | $33.2M | $0 | 5 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 4.57 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) ↗