The Banc Funds Company, L.L.C.
- Regulatory AUM
- $680M
- Discretionary
- $680M
- Clients
- 3
- Avg AUM / client
- $227M
- Accounts
- 3
- Employees
- 13
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Apr 28, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 3 | $680M | 100.0% |
Private funds (3)
Reported in Form ADV Section 7.B.(1), filing of Oct 2024 · $1.1B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Banc Fund Ix L.P. | Private Equity Fund | Illinois | $583M | 46 |
| Banc Fund X L.P. | Private Equity Fund | Illinois | $456M | 48 |
| Tbfc Financial Technologies Fund L.P. | Private Equity Fund | Illinois | $38.2M | 17 |
People (2)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Moore, Charles, Joseph | President/Chief Executive Officer | Mar 1997 (29y) | 75% or more | |
| Murphy, Terrence, Paul | Chief Compliance Officer | Jun 2000 (26y) | Less than 5% |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
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 (3, $1.1B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Banc Fund Ix L.P. | Private Equity Fund | $583M | $125K | 46 |
| Banc Fund X L.P. | Private Equity Fund | $456M | $49.0K | 48 |
| Tbfc Financial Technologies Fund L.P. | Private Equity Fund | $38.2M | $250K | 17 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 04/28/2026 | 2.32 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: ALLEGED VIOLATIONS OF SECTION 206(4) OF THE ADVISERS ACT AND RULE 206(4)-5 THEREUNDER, WHICH MAKES IT UNLAWFUL FOR ANY INVESTMENT ADVISER REGISTERED WITH THE SEC TO PROVIDE INVESTMENT ADVISORY SERVICES FOR COMPENSATION TO A GOVERNMENT ENTITY WITHIN TWO YEARS AFTER A CONTRIBUTION TO AN OFFICIAL OF THE GOVERNMENT ENTITY IS MADE BY THE INVESTMENT ADVISER OR ANY COVERED ASSOCIATE OF THE INVESTMENT ADVISER. Status: Final Sanction Detail: CIVIL MONETARY PENALTY OF $75,000 WHICH WAS PAID ON JANUARY 24, 2017. Summary: THE ACTION WAS RESOLVED PURSUANT TO A JANUARY 17, 2017 SEC ORDER: IN THE MATTER OF THE BANC FUNDS COMPANY, L.L.C., ADMINISTRATIVE PROCEEDING FILE NO. 3-17780. PURSUANT TO THIS ORDER, THE BANC FUNDS COMPANY, L.L.C. WAS ORDERED TO CEASE AND DESIST FROM COMMITTING OR CAUSING ANY VIOLATIONS AND ANY FUTURE VIOLATIONS OF SECTION 206(4) OF THE ADVISERS ACT AND RULE 206(4)-5 THEREUNDER. THE BANC FUNDS COMPANY, L.L.C. WAS CENSURED PURSUANT TO THIS ORDER. ADDITIONALLY, THE BANC FUNDS COMPANY, L.L.C. WAS ORDERED TO PAY A CIVIL MONETARY PENALTY IN THE AMOUNT OF $75,000 TO THE SEC.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Performance-based fees
- • Other fees
- • MANAGEMENT FEES ARE BASED ON CONTRIBUTED CAPITAL.
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Apr 28, 2026.
View current Form ADV (SEC/IAPD) ↗