ACON EQUITY MANAGEMENT L.L.C.: Investment Adviser Form ADV Filing

How this adviser has changed

Annual filings

Regulatory assets under management

Up to five fiscal years, using the latest annual update available at the selected filing date. Asset changes can reflect acquisitions, client flows, and valuations; they are not investment returns.

Annual adviser history and sources
Fiscal year	Regulatory AUM	Employees	Filed
2021	$4,044,160,777	33	Mar 31, 2022
2022	$5,050,574,785	30	Mar 31, 2023
2023	$5,280,505,862	30	Mar 29, 2024
2024	$5,217,746,360	28	Mar 31, 2025
2025	$4,165,343,441	25	Mar 31, 2026

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	23	$4,165,343,441	100.0%

Filing source

Form ADV 2081248 · Mar 31, 2026 · Item 5.D

Reported by ACON EQUITY MANAGEMENT, L.L.C. (CRD 159517).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Private funds & service providers

1 selected fund records

Largest reported gross asset value first; unreported values last. Gross asset value is fund-level disclosure, distinct from adviser AUM and Form D fundraising. Master and feeder funds may overlap.

View all funds in this filing

ACON EQUITY PARTNERS 3.5, L.P.Private Equity Fund · Master$459MGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

ACON Equity Partners III, L.P.

Auditor PRICEWATERHOUSECOOPERS MCLEAN, Virginia, United States Other funds reporting this name →

Custodian WELLS FARGO BANK, N.A. MCLEAN, Virginia, United States Related to adviser: No Other funds reporting this name →

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

PRICEWATERHOUSECOOPERS
PCAOB 238

WELLS FARGO BANK, N.A.
LEI KB1H1DSPRFMYMCUFXT09

Fund details & source

Fund ID: 805-2826963817
Reported beneficial owners: 36
Minimum commitment: $5M
Form D file number: 021-172423

Form ADV 2081248 · Mar 31, 2026 · Schedule D 7.B.(1)

Reported by ACON EQUITY MANAGEMENT, L.L.C. (CRD 159517).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Services & filing details

Showing values from the selected filing. Latest observed filing does not establish current registration status.

What changed?

Since May 28, 2025 · previous imported filing

Regulatory AUM$5,207,579,562 → $4,165,343,441
Client accounts25 → 23
Employees28 → 25

Filing source

Form ADV 2081248 · Mar 31, 2026 · Items 1 & 5

Reported by ACON EQUITY MANAGEMENT, L.L.C. (CRD 159517).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Management of assets

Discretionary: $4.17B
Non-discretionary: $0

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

1133 CONNECTICUT AVE, NW, SUITE 700
WASHINGTON, DC, 20036, United States

CRD 159517

Filing source

Form ADV 2081248 · Mar 31, 2026 · Items 1 & 5

Reported by ACON EQUITY MANAGEMENT, L.L.C. (CRD 159517).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.