Reverence Capital — funds, providers and filings
Managers: all tracked managers · fund search & entity graph · private market performance
No tracked activity yet for this manager.
| Assets under management | $14bn Reverence Capital Partners, in 2026 |
| Of that, the part reported to the US SEC as private funds | $12.5bn gross · 39 funds Form ADV, through 2024 |
Reverence Capital Partners is a US private investment firm, founded in 2013. It focuses on financial services, from asset and wealth management to insurance and payments. It makes both control investments and structured-credit bets. (Reverence Capital Partners)
Asset classes
The range spans private equity in financial services.
Fund structure
Its funds are organised into 1 umbrella funds and 1 sub-funds.
How the funds sit under the manager and its umbrellas:
The US-reported view
The sections below draw on US regulatory filings — SEC Form ADV and Form D — and on US investors' own disclosures. They set out Reverence Capital's US-reported slice: the funds, service providers, domiciles and activity visible in US filings, not its worldwide business.
1. US-SEC private funds
This page reports $12.5bn of gross asset value across 39 private funds that Reverence Capital reports on SEC Form ADV, filings through 2024. Its firm-wide figures are in the Assets summary at the top of this page, measured on a different basis.
Worldwide, 5 registered fund vehicles are on file under its management companies, on the worldwide entity register (read 2026-10-05) — these are legal fund entities, not the share classes or products a manager markets.
| Registered fund vehicles worldwide (as at 2026-10-05) | 5 |
| Management entities on file (US filings · worldwide register) | 1 · 1 |
| Principal offices on file | New York, United States |
2. Service providers
KPMG audits 38 of the 39 Reverence Capital funds that name an auditor on Form ADV Schedule D, filings through 2024 — more than any other firm. Gen II administers 39 of the 39 that name an administrator, on the same filings. Relationships the filings attribute to Reverence Capital's own group are part of its structure, not third-party appointments, and are left out of these counts.
Across the funds that disclose each role on Schedule D — the count is funds naming that provider, of funds disclosing the role at all:
| Fund administrator | Gen II (39 of 39) |
| Auditor | KPMG (38 of 39); PKF O'Connor Davies (1 of 39) |
| Custodian | Merrill Lynch (33 of 37); U.S. Bank (4 of 37); First Republic (1 of 37) |
| Marketer / placement | Altis Financial Services Inc. (1 of 1); Ascent Capital Advisors Limited (1 of 1); Bury Street Capital Limited (1 of 1) |
3. Fund domiciles
25 of Reverence Capital's 39 SEC-reported private funds are domiciled in Delaware, its largest single domicile on Form ADV, filings through 2024. Cayman Islands is next, and the bars below give the rest in order.
4. Fund filing activity
The largest US raise on file for a Reverence Capital fund is $2.9bn sold to date, on a 2026 Form D filing. Amounts are cumulative sold-to-date figures as filed. They cover a fund's life up to that filing, not a single fundraise, and a fund that raises outside the US files nothing here.
The largest of the 5 US private-fund filings for Reverence Capital's funds, by amount sold to date as filed.
| Issuer | Type | Amount sold (as filed) | Filing year | Source |
|---|---|---|---|---|
| REVERENCE CAPITAL PARTNERS PE OPPORTUNITIES FUND IV (AI) (FUND VIII), L.P. | Private Equity Fund | $2.9bn | 2026 | filing |
| REVERENCE CAPITAL PARTNERS PE OPPORTUNITIES FUND IV (FUND VIII), L.P. | Private Equity Fund | $2.9bn | 2026 | filing |
| REVERENCE CAPITAL PARTNERS PE OPPORTUNITIES FUND IV-A (FUND VIII), L.P. | Private Equity Fund | $2.9bn | 2026 | filing |
| Reverence Capital Partners PE Ops IV (Co-Invest 1), L.P. | Private Equity Fund | $15m | 2026 | filing |
| Reverence Capital Partners Olympus CV LP | Private Equity Fund | not stated | 2026 | filing |
5. Fund performance
Every figure here is a disclosing pension plan's own, on that plan's own reporting date. Nothing is blended into a manager-level return, because no plan published one.
Per-fund net IRR, multiple and DPI as disclosed by the pension plans invested in the funds — the LPs' own numbers, on their own dates, not the manager's. One row per plan disclosure. Where two plans hold the same fund and report different numbers, both rows show, with their dates:
| Fund | Plan | Net IRR | Multiple | DPI | Reported as at | Source |
|---|---|---|---|---|---|---|
| Reverence Capital Partners Opportunities Fund III Parallel | NYC BERS | 31.1% | 1.67 | 0.04 | 30 June 2025 | not available |
| Reverence Capital Partners Opportunities Fund V (FOO) (PE Fund III), L.P. | NYC Police | 31.1% | 1.67 | 0.04 | 30 June 2025 | not available |
| Reverence Capital Partners Opportunities Fund V (FOO) (PE Fund III), L.P. | NYC Teachers | 31.1% | 1.67 | 0.05 | 30 June 2025 | not available |
| Reverence Capital Partners Opportunities Fund V (PE Fund III), L.P. | NYC Police | 21.3% | 1.44 | 0.04 | 30 June 2025 | not available |
| Reverence Capital Partners Opportunities Fund V (PE Fund III), L.P. | NYC Teachers | 21.3% | 1.44 | 0.04 | 30 June 2025 | not available |
| Reverence Capital Partners V (PE Fund III), L.P. | NYC BERS | 21.3% | 1.44 | 0.04 | 30 June 2025 | not available |
| Reverence Capital Partners V (PE Fund III), L.P. | NYC Fire | 21.3% | 1.44 | 0.04 | 30 June 2025 | not available |
| Reverence Capital Partners V (PE Fund III), L.P. | NYCERS | 21.3% | 1.44 | 0.04 | 30 June 2025 | not available |
| Reverence Capital Partners Opportunities Fund II (Parallel) | NYC Police | 31.6% | 3.22 | 0.82 | 30 June 2025 | not available |
| Reverence Capital Partners Opportunities Fund II (Parallel) | NYCERS | 31.6% | 3.2 | 0.82 | 30 June 2025 | not available |
| Reverence Capital Partners Opportunities Fund II | NYC Police | 24.2% | 2.47 | 0.67 | 30 June 2025 | not available |
| Reverence Capital Partners Opportunities Fund II | NYCERS | 24.2% | 2.47 | 0.67 | 30 June 2025 | not available |
Young vintages sit in the J-curve: an early negative IRR mostly reflects fees drawn before value is realised, and is not a verdict on the fund.
6. Known LP investors, from their own disclosures
NYCERS (4), NYC Police (4), NYC Teachers (4), NYC BERS (2), NYC Fire (2) — the count is this manager's funds appearing in that plan's disclosure.
7. Management entities
Reverence Capital files Form ADV through 1 management entity; the largest is Reverence Capital Partners, L.P., CRD 171471 of New York, with 39 of the 39 funds on this page. Every figure above rolls those filers up into one business. The table below traces each of them back to the entity that filed it, so a number can be checked against its own record rather than taken on trust.
US management entities on file (1 entities — together the 39 funds above)
| Entity | SEC CRD | City | Funds of the 39 |
|---|---|---|---|
| Reverence Capital Partners, L.P. | CRD 171471 | New York | 39 |
Management entities on the worldwide register (1 entities — together the 5 registered vehicles)
| Entity | Register ID | Fund vehicles |
|---|---|---|
| Reverence Capital Partners, L.P. | 254900DALU4TO6BK9K51 | 5 |
8. Similar managers
Questions this page answers
What is Reverence Capital's AUM?
Across the group it managed $14 billion in 2026. (Reverence Capital Partners). It also reports $12.5bn of gross asset value across 39 private funds on its US SEC filings (Form ADV, through 2024).
Who audits Reverence Capital's funds?
KPMG is named on 38 of the 39 US private funds whose filing discloses an auditor on Form ADV Schedule D (of Reverence Capital's 39 filed with the SEC), filings through 2024. PKF O'Connor Davies appears on 1 of the same filings.
Who administers Reverence Capital's funds?
Gen II is named on 39 of the 39 US private funds whose filing discloses an administrator on Form ADV Schedule D (of Reverence Capital's 39 filed with the SEC), filings through 2024.
How many funds does Reverence Capital run?
Reverence Capital has 5 registered fund vehicles on the worldwide entity register — legal fund entities, not the share classes or products a manager markets. Separately, it reports 39 private funds to the US SEC (Form ADV, through 2024) — a different register, counted on a different basis.
Where are Reverence Capital's funds domiciled?
25 of the 39 funds are domiciled in Delaware, its largest single domicile on Form ADV, filings through 2024, followed by Cayman Islands with 14.
Where does Reverence Capital file from?
Reverence Capital Partners, L.P., CRD 171471, its largest Form ADV filer, gives its office as New York, United States. The other filers' offices are in the entity table on this page.
Is Reverence Capital registered with the SEC?
Yes. Its filings run through 1 management entities, the largest being Reverence Capital Partners, L.P., CRD 171471, with 39 of the 39 funds here.
See also: all tracked managers · fund search & entity graph.