Dw Management Services, L.L.C.
- Regulatory AUM
- $2.7B
- Discretionary
- $2.7B
- Clients
- 12
- Avg AUM / client
- $228M
- Accounts
- 12
- Employees
- 34
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of May 11, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 12 | $2.7B | 100.0% |
Private funds (11)
Reported in Form ADV Section 7.B.(1), filing of May 2024 · $1.5B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Dw Healthcare Partners V, L.P. | Private Equity Fund | Cayman Islands | $924M | 76 |
| Dw Healthcare Partners Small Cap, L.P. | Private Equity Fund | Delaware | $219M | 35 |
| Dw Healthcare Partners Iv, L.P. | Private Equity Fund | Delaware | $197M | 24 |
| Dw Healthcare Partners Iv (B), L.P. | Private Equity Fund | Delaware | $90.5M | 15 |
| Dw Healthcare Partners Iii, L.P. | Private Equity Fund | Delaware | $57.3M | 25 |
| Dw Healthcare Small Cap Affiliates, L.P. | Private Equity Fund | Delaware | $18.7M | 29 |
| Dw Healthcare Partners Iii (B), L.P. | Private Equity Fund | Delaware | $15.2M | 10 |
| Dw Healthcare Affiliates V, L.P. | Private Equity Fund | Cayman Islands | $14.0M | 26 |
| Dw Healthcare Affiliates Iv, L.P. | Private Equity Fund | Delaware | $1.6M | 10 |
| Med Pharmex Investor, Lp | Private Equity Fund | Delaware | $1.5M | 6 |
| Dw Healthcare Affiliates Iii, L.P. | Private Equity Fund | Delaware | $1.1M | 17 |
People (7)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Ruud, Kimberly, F. | Trustee Of Lance C. Ruud And Kimberly F. Ruud Family Trust Dated December 23, 1999 | Dec 1999 (27y) | 10% – 25% | |
| Benear, John, Benjamin | Managing Director, Chief Compliance Officer; Managing Member | Aug 2002 (24y) | Less than 5% | |
| Carragher, Andrew, Colin | Managing Partner; Managing Member | Jan 2003 (24y) | 25% – 50% | |
| Ruud, Lance, Clark | Managing Director; Managing Member | Nov 2006 (20y) | Less than 5% | |
| Schillinger, Douglas, Kurt | Managing Director; Managing Member | Nov 2006 (20y) | 10% – 25% | |
| Champsi, Aly, Khan | Managing Director; Managing Member | Jan 2020 (7y) | 10% – 25% | |
| Wilhelm, Richard, William | Chief Financial Officer | Jan 2023 (4y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Jb Capital, Llc | Non Managing Member | Jan 2003 | A | 25% – 50% |
| Lance C. Ruud And Kimberly F. Ruud Family Trust Dated December 23,1999 | Non Managing Member | Nov 2006 | A | 10% – 25% |
| The John B. Benear, Ii Trust U/A/D 8/28/02 | Member | Aug 2002 | B | ≈ 18.75% – 50% via Jb Capital, Llc |
Undisclosed: 0% – 10% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- The John B. Benear, Ii Trust U/A/D 8/28/02: 75% – 100% of Jb Capital, Llc × 25% – 50% direct ≈ 18.75% – 50% of the firm
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 (11, $1.5B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Dw Healthcare Partners V, L.P. | Private Equity Fund | $924M | $1.0M | 76 |
| Dw Healthcare Partners Small Cap, L.P. | Private Equity Fund | $219M | $5.0M | 35 |
| Dw Healthcare Partners Iv, L.P. | Private Equity Fund | $197M | $750K | 24 |
| Dw Healthcare Partners Iv (B), L.P. | Private Equity Fund | $90.5M | $750K | 15 |
| Dw Healthcare Partners Iii, L.P. | Private Equity Fund | $57.3M | $500K | 25 |
| Dw Healthcare Small Cap Affiliates, L.P. | Private Equity Fund | $18.7M | $48.5K | 29 |
| Dw Healthcare Partners Iii (B), L.P. | Private Equity Fund | $15.2M | $5.0M | 10 |
| Dw Healthcare Affiliates V, L.P. | Private Equity Fund | $14.0M | $50.0K | 26 |
| Dw Healthcare Affiliates Iv, L.P. | Private Equity Fund | $1.6M | $35.0K | 10 |
| Med Pharmex Investor, Lp | Private Equity Fund | $1.5M | $414K | 6 |
| Dw Healthcare Affiliates Iii, L.P. | Private Equity Fund | $1.1M | $30.0K | 17 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/11/2026 | 3.62 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
- • Other fees
- • SEE SCHEDULE D - MISCELLANEOUS
Services
- • Portfolio management for pooled investment vehicles
- • Other services
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: May 11, 2026.
View current Form ADV (SEC/IAPD) ↗