Cornerstone Partners Capital Management, Llc
SEC-registered
Endowment & Foundation Advisor · Large ($10B–$100B)
CRD 311296
· SEC file 801-119827
· Charlottesville, VA
· www.linkedin.com
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ADV data as of Mar 30, 2026
- Regulatory AUM
- $29.3B
- Discretionary
- $29.3B
- Clients
- 22
- Avg AUM / client
- $1.3B
- Accounts
- 22
- Employees
- 36
AUM over time
$0
$29.3B
Oct 2020
Dec 2025
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Asset allocation (SMA assets by investment type)
as of Mar 30, 2026
Pooled investment vehicles
$20.3B
69%
Registered investment companies (funds/ETFs)
$3.5B
12%
US government & agency bonds
$2.1B
7%
Investment-grade corporate bonds
$2.1B
7%
Cash & equivalents
$1.2B
4%
Exchange-traded equities
$293M
1%
Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 6 | $518M | 1.76% |
| Charitable organizations | 16 | $28.8B | 98.2% |
Private funds (4)
Reported in Form ADV Section 7.B.(1), filing of May 2024 · $321M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Cpcm Daf Master Lp master | Hedge Fund | Delaware | $119M | 9 |
| Cpcm Pef Lp | Hedge Fund | Delaware | $104M | 11 |
| Cpcm Pif Ii Lp | Private Equity Fund | Delaware | $65.5M | 9 |
| Cpcm Pif Lp | Private Equity Fund | Delaware | $32.8M | 13 |
Nonprofit clients
Charities that reported this firm as a top-paid contractor (investment services) on Form 990.
| Charity | Location | Period |
|---|---|---|
| James Whitcomb Riley Memorial Association EIN 350868147 | Indianapolis, IN | 06/30/2024 |
People (13)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Galie, Shane, Bradford | Managing Director, Member | Oct 2020 (6y) | Less than 5% | |
| Henningsen, Kristin, Lindgren | Managing Director Of Operations, Member | Oct 2020 (6y) | Less than 5% | |
| Laing, Christopher, Caulkins | Managing Director, Member | Oct 2020 (6y) | Less than 5% | |
| Polk Jr, Jerry, Nmn | Managing Director, Member | Oct 2020 (6y) | Less than 5% | |
| Schuyler, Kevin, William | Managing Director, Member | Oct 2020 (6y) | Less than 5% | |
| Gerstenmaier, Anne, Alexander | Director, Member | Nov 2020 (6y) | Less than 5% | |
| Kwon, Jae, Hyun | Director, Member | Jan 2021 (6y) | Less than 5% | |
| Davis, Carrie, E | Managing Director Of Operations, Member | Oct 2021 (5y) | Less than 5% | |
| Knerr, Peter, William | Managing Director, Member | Oct 2021 (5y) | Less than 5% | |
| Harbilas, Peter, M | Managing Director, Member | Jan 2022 (5y) | Less than 5% | |
| Roller, Laura, E | Managing Director, Member | Jan 2022 (5y) | Less than 5% | |
| Eltahir, Ishraga | Cco | Dec 2022 (4y) | Less than 5% | |
| Scott, Kathryn, Elizabeth Jarvis | Managing Director, Member | May 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Focus Operating, Llc | Member (Manager) | Oct 2020 | A | 75% or more |
| Focus Financial Partners, Llc | Member | Jan 2007 | B | ≈ 56.25% – 100% via Focus Operating, Llc |
| Focus Financial Partners Inc. | Member | Jul 2018 | B | ≈ 42.19% – 100% via Focus Financial Partners, Llc |
| Ferdinand Ffp Acquisition, Llc | Shareholder, Class A Common Stock | Aug 2023 | B | ≈ 31.64% – 100% via Focus Financial Partners Inc. |
| Ferdinand Ffp Ultimate Holdings, Lp | Shareholder, Class B Common Stock | Aug 2023 | B | ≈ 31.64% – 100% via Focus Financial Partners Inc. |
| Ferdinand Ffp Intermediate Holdings, Lp | Member | Aug 2023 | B | ≈ 23.73% – 100% via Ferdinand Ffp Acquisition, Llc |
| Ferdinand Ffp Parent, Inc. | Member | Aug 2023 | B | ≈ 17.8% – 100% via Ferdinand Ffp Intermediate Holdings, Lp |
| Cd&R Ferdinand Holdings, L.P. | Partner | Aug 2023 | B | ≈ 15.82% – 75% via Ferdinand Ffp Ultimate Holdings, Lp |
| Clayton Dubilier & Rice Fund Xii, L.P. | Partner | Aug 2023 | B | ≈ 7.91% – 56.25% via Cd&R Ferdinand Holdings, L.P. |
| Cd&R Ferdinand Co Investor, L.P. | Partner | Aug 2023 | B | ≈ 3.96% – 37.5% via Cd&R Ferdinand Holdings, L.P. |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Focus Financial Partners, Llc: 75% – 100% of Focus Operating, Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Focus Financial Partners Inc.: 75% – 100% of Focus Financial Partners, Llc × 75% – 100% of Focus Operating, Llc × 75% – 100% direct ≈ 42.19% – 100% of the firm
- Ferdinand Ffp Acquisition, Llc: 75% – 100% of Focus Financial Partners Inc. × 75% – 100% of Focus Financial Partners, Llc × 75% – 100% of Focus Operating, Llc × 75% – 100% direct ≈ 31.64% – 100% of the firm
- Ferdinand Ffp Ultimate Holdings, Lp: 75% – 100% of Focus Financial Partners Inc. × 75% – 100% of Focus Financial Partners, Llc × 75% – 100% of Focus Operating, Llc × 75% – 100% direct ≈ 31.64% – 100% of the firm
- Ferdinand Ffp Intermediate Holdings, Lp: 75% – 100% of Ferdinand Ffp Acquisition, Llc × 75% – 100% of Focus Financial Partners Inc. × 75% – 100% of Focus Financial Partners, Llc × 75% – 100% of Focus Operating, Llc × 75% – 100% direct ≈ 23.73% – 100% of the firm
- Ferdinand Ffp Parent, Inc.: 75% – 100% of Ferdinand Ffp Intermediate Holdings, Lp × 75% – 100% of Ferdinand Ffp Acquisition, Llc × 75% – 100% of Focus Financial Partners Inc. × 75% – 100% of Focus Financial Partners, Llc × 75% – 100% of Focus Operating, Llc × 75% – 100% direct ≈ 17.8% – 100% of the firm
- Cd&R Ferdinand Holdings, L.P.: 50% – 75% of Ferdinand Ffp Ultimate Holdings, Lp × 75% – 100% of Focus Financial Partners Inc. × 75% – 100% of Focus Financial Partners, Llc × 75% – 100% of Focus Operating, Llc × 75% – 100% direct ≈ 15.82% – 75% of the firm
- Clayton Dubilier & Rice Fund Xii, L.P.: 50% – 75% of Cd&R Ferdinand Holdings, L.P. × 50% – 75% of Ferdinand Ffp Ultimate Holdings, Lp × 75% – 100% of Focus Financial Partners Inc. × 75% – 100% of Focus Financial Partners, Llc × 75% – 100% of Focus Operating, Llc × 75% – 100% direct ≈ 7.91% – 56.25% of the firm
- Cd&R Ferdinand Co Investor, L.P.: 25% – 50% of Cd&R Ferdinand Holdings, L.P. × 50% – 75% of Ferdinand Ffp Ultimate Holdings, Lp × 75% – 100% of Focus Financial Partners Inc. × 75% – 100% of Focus Financial Partners, Llc × 75% – 100% of Focus Operating, Llc × 75% – 100% direct ≈ 3.96% – 37.5% 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 (4, $321M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Cpcm Daf Master Lp | Hedge Fund | $119M | $5.0M | 9 |
| Cpcm Pef Lp | Hedge Fund | $104M | $5.0M | 11 |
| Cpcm Pif Ii Lp | Private Equity Fund | $65.5M | $1.0M | 9 |
| Cpcm Pif Lp | Private Equity Fund | $32.8M | $1.0M | 13 |
From Form ADV Section 7.B private fund reporting.
Foundations & charities (1)
| Organization | Type | Assets | As of |
|---|---|---|---|
| James Whitcomb Riley Memorial Association | Public charity | $507M | 06/30/2024 |
From IRS Form 990 investment-management-fee disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 2.21 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
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
Custody
Reported custodians
- Northern Trust $26.7B (91% of AUM) Mar 2026
- BNY Mellon $1.3B (11% of AUM) Jan 2024
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗