Evolution Private Investment Collective provides portfolio management for pooled vehicles. The firm advises 9 private funds.
Evolution Private Investment Collective reports 9 pooled investment vehicles. These counts refer to investment vehicles, rather than the individual investors in them. Of its assets, 100.0% ($166M across 9 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Pooled investment vehicles | 100% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 9 | $166M | 100.0% | $18.5M |
| Total | 9 | $166M | 100% | $18.5M |
- Clients
- 9
- Regulatory AUM
- $166M
- AUM share
- 100.0%
- Avg. per client
- $18.5M
Total
- Clients
- 9
- Regulatory AUM
- $166M
- AUM share
- 100%
- Avg. per client
- $18.5M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 9
Evolution Private Investment Collective is paid through a percentage of assets under management and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
The leadership team of Evolution Private Investment Collective includes Chief Investment Officer James Hirschmann IV and Chief Compliance Officer Michael Fitzpatrick. It has 5 employees.
Leadership
- Michael FitzpatrickManaging Partner & Chief Compliance Officer
- James Hirschmann IVPartner & Chief Investment Officer
- Kevin McCabePartner
- Charles WillhoitPartner
Staff
- 5 employees
- 5 in advisory functions
- Owns 10% to 25% of Evolution Private Investment Collective LLC
Charles Willhoit
Control person · since September 2020
- Owns 10% to 25% of Evolution Private Investment Collective LLC
James Hirschmann IV
Control person · since May 2025
- Owns 10% to 25% of Evolution Private Investment Collective LLC
Michael Fitzpatrick
Control person · since May 2025
- Owns 10% to 25% of Evolution Private Investment Collective LLC
Grantor Trust Agreement for: Western Asset Management Company Employee Deferred Incentive Plan
Control person · since June 2025
Principal Financial Group (Plan Id 029929300)
Trustee · Control person · since June 2025
- Owns 5% to 10% of Evolution Private Investment Collective LLC
Kevin McCabe
Control person · since September 2020
Evolution Private Investment Collective’s regulatory assets grew from $123M (May 2022) to $166M (August 2026); clients rose from 4 to 9 and employees from 3 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $166M | 9 | 5 | 1 |
| June 2025 | $146M | 7 | 6 | 1 |
| June 2024 | $131M | 7 | 5 | 1 |
| June 2023 | $140M | 6 | 4 | 1 |
| May 2022 | $123M | 4 | 3 | 1 |
Besides its headquarters, Evolution Private Investment Collective has 0 offices, with 1 listed address in California.
California · 1 listed address
- 910 Hermosa Avenue, Suite 201, Hermosa BeachHQ
Contact and registration details
- Legal name
- Evolution Private Investment Collective LLC
- Headquarters
- 910 Hermosa Avenue, Suite 201, Hermosa Beach, CA 90254
- Website
- epic-funds.com
- Phone
- 720-593-6399
- SEC file
- 801-123204
- Structure
- Colorado LLC
- Fiscal year end
- December
Evolution Private Investment Collective has custody of client assets.
How many clients does Evolution Private Investment Collective have?
Evolution Private Investment Collective has 9 clients and manages $166 million for them, as of August 2026. They include 9 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 August 2026
What services does Evolution Private Investment Collective offer?
Evolution Private Investment Collective provides portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Evolution Private Investment Collective have?
Evolution Private Investment Collective has 0 investment adviser representatives registered with state securities authorities, out of 5 employees, and 5 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
Who owns Evolution Private Investment Collective?
Evolution Private Investment Collective’s direct owners are Charles Willhoit, Kevin McCabe, James Hirschmann IV, Michael Fitzpatrick and Grantor Trust Agreement for: Western Asset Management Company Employee Deferred Incentive Plan, each holding 25% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 27 August 2026
How does Evolution Private Investment Collective get paid?
Evolution Private Investment Collective is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Evolution Private Investment Collective?
Evolution Private Investment Collective’s main office is at 910 Hermosa Avenue, Suite 201, Hermosa Beach, CA 90254. Its phone number is 720-593-6399. Its website is epic-funds.com.