{"url":"https://nivawealth.com/firms/varagon-capital-partners-281851","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/281851","regulatoryAum":13994169582,"crd":"281851","secFileNumber":"801-107473","legalName":"Varagon Capital Partners, L.P.","displayName":"Varagon Capital Partners","website":null,"founded":null,"organization":"Delaware limited partnership","fiscalYearEnd":"December","headquarters":{"street":"299 Park Ave, 24th Floor","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10171"},"tradeNames":["Man Group","Man Varagon"],"registration":{"secApproved":"8 April 2016","noticeFilings":5,"latestNoticeFiling":"30 March 2021","inventory":{"sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_FIRM_SEC_Feed_10_15_2026.xml.gz","sourceAsOf":"2026-10-15","retrievedAt":"2026-10-16T03:16:53.781384+00:00","noticeFilings":[{"status":"Notice Filed","jurisdiction":"California","effectiveDate":"2021-03-30"},{"status":"Notice Filed","jurisdiction":"Illinois","effectiveDate":"2019-04-07"},{"status":"Notice Filed","jurisdiction":"Massachusetts","effectiveDate":"2019-03-29"},{"status":"Notice Filed","jurisdiction":"New York","effectiveDate":"2017-03-29"},{"status":"Notice Filed","jurisdiction":"Texas","effectiveDate":"2016-04-08"}],"registrationStatus":[{"status":"Approved","jurisdiction":"SEC","effectiveDate":"2016-04-08"}]}},"staff":{"employees":78,"advisory":45,"brokerDealerReps":0,"insuranceAgents":0,"promoters":2},"aum":{"discretionary":7738177449,"discretionaryAccounts":21,"nonDiscretionary":6255992133,"nonDiscretionaryAccounts":5,"wrapProgram":null,"nonUsClientsPct":4,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":14,"regulatoryAum":8559485056},{"label":"Insurance companies","clients":12,"regulatoryAum":5434684526}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Varagon Capital Partners has custody of $281.8M for 20 clients.","otherCustodians":[],"leadership":[{"name":"Walter Owens","title":"President","crd":"2700341"},{"name":"Katherine Squire","title":"Vice President","crd":"6738205"},{"name":"Nadine Le Gall","title":"Chief Compliance Officer","crd":"4358239"},{"name":"Robert Bourgeois","title":"Treasurer","crd":"6613074"},{"name":"Nancy Lynch","title":"Secretary","crd":"6390960"}],"ownership":[{"label":"Man Times Square Holdings LLC","detail":"Sole limited partner in the 75% or more ownership band and a control person, since September 2023."},{"label":"Walter Owens","detail":"Indirect owner: a shareholder of Man Times Square Holdings LLC in the 25% to 50% band and a control person, since September 2023.","parent":"Man Times Square Holdings LLC"},{"label":"Man Investments Holdings Inc.","detail":"Indirect owner: a shareholder of Man Times Square Holdings LLC in the 50% to 75% band and a control person, since September 2023.","parent":"Man Times Square Holdings LLC"},{"label":"Man Investments USA Holdings Inc.","detail":"Indirect owner: a shareholder of Man Investments Holdings Inc. in the 75% or more band and a control person, since August 2006.","parent":"Man Investments Holdings Inc."},{"label":"Man Worldwide Operations Management LTD.","detail":"Indirect owner: a shareholder of Man Investments USA Holdings Inc. in the 75% or more band and a control person, since October 2024.","parent":"Man Investments USA Holdings Inc."},{"label":"Man Group Treasury LTD.","detail":"Indirect owner: a shareholder of Man Worldwide Operations Management LTD. in the 75% or more band and a control person, since May 2019.","parent":"Man Worldwide Operations Management LTD."},{"label":"Man Group PLC","detail":"Indirect owner: a shareholder of Man Group Treasury LTD. in the 75% or more band and a control person, since May 2019.","parent":"Man Group Treasury LTD."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":4,"privateResidences":2},"listedOfficeAddresses":3,"foreignOffices":[],"officesByState":[{"state":"Illinois","offices":1,"addresses":[{"street":"1 N. Franklin Street","city":"Chicago"}]},{"state":"Massachusetts","offices":1,"addresses":[{"street":"3 Allied Drive","city":"Dedham"}]},{"state":"New York","offices":1,"addresses":[{"street":"299 Park Ave, 24th Floor","city":"New York","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"212-303-9400","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees","Other"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"Cash and cash equivalents","percent":2},{"label":"Other","percent":98,"detail":"Senior Secured Loans"}],"privateFunds":12},"sources":{"adv1FilingDate":"23 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/281851/PDF/281851.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Varagon Capital Partners have?","answer":"Varagon Capital Partners has 26 clients and manages $14 billion for them, as of July 2026. They include 14 pooled investment vehicles and 12 insurance companies.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 23 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Varagon Capital Partners offer?","answer":"Varagon Capital Partners provides portfolio management for pooled vehicles and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Varagon Capital Partners have?","answer":"Varagon Capital Partners has 0 investment adviser representatives registered with state securities authorities, out of 78 employees, and 45 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Varagon Capital Partners invest in?","answer":"At the end of its last fiscal year, Varagon Capital Partners’ separately managed accounts held 98% senior secured loans and 2% cash and equivalents. It advises 12 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Varagon Capital Partners?","answer":"Varagon Capital Partners is owned through a chain of holding companies by Walter Owens and Man Group PLC. Its direct owner is Man Times Square Holdings LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 23 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Varagon Capital Partners get paid?","answer":"Varagon Capital Partners is paid through a percentage of assets under management, performance-based fees and other arrangements. 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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}