Varsity Management Company, Lp
- Regulatory AUM
- $1.9B
- Discretionary
- $1.9B
- Clients
- 11
- Avg AUM / client
- $169M
- Accounts
- 11
- Employees
- 20
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 11 | $1.9B | 100.0% |
Private funds (10)
Reported in Form ADV Section 7.B.(1), filing of Oct 2024 · $1.4B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Varsity Healthcare Partners Ii, Lp | Private Equity Fund | Delaware | $420M | 57 |
| Varsity Healthcare Partners Iii, Lp | Private Equity Fund | Delaware | $289M | 38 |
| Varsity Healthcare Partners Iii A, Lp | Private Equity Fund | Delaware | $189M | 23 |
| Varsity Healthcare Partners Iv, Lp | Private Equity Fund | Delaware | $187M | 67 |
| Varsity Healthcare Partners Ii A, Lp | Private Equity Fund | Delaware | $129M | 19 |
| Varsity Healthcare Partners Iv A, Lp | Private Equity Fund | Delaware | $126M | 31 |
| Varsity Healthcare Partners Vetevolve Co Invest, Lp | Private Equity Fund | Delaware | $36.9M | 5 |
| Varsity Healthcare Partners Beghou Co Invest, Lp | Private Equity Fund | Delaware | $10.2M | 2 |
| Varsity Healthcare Partners Vetevolve Co Invest A, Lp | Private Equity Fund | Delaware | $6.0M | 2 |
| Varsity Healthcare Partners Iv B, Lp | Private Equity Fund | Delaware | $715K | 13 |
People (4)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Alpern, David, Adam | Limited Partner Of Varsity Management Company, Lp | Feb 2014 (13y) | ≈ 0% – 3.75% via Varsity Management Company Gp, Llc | |
| Rosenberry, Kenton, Lynn | Limited Partner Of Varsity Management Company, Lp | Feb 2014 (13y) | ≈ 0% – 3.75% via Varsity Management Company Gp, Llc | |
| Dhuper, Sandeep, Nmn | Chief Financial Officer | Jan 2023 (4y) | Less than 5% | |
| Kropp, Jeffrey, Michael | General Counsel, Chief Compliance Officer, And Chief Administrative Officer | Oct 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Varsity Management Company Gp, Llc | General Partner Of Varsity Management Company, Lp | Aug 2016 | A | Less than 5% |
Undisclosed: 0% – 50% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Alpern, David, Adam: 50% – 75% of Varsity Management Company Gp, Llc × 0% – 5% direct ≈ 0% – 3.75% of the firm
- Rosenberry, Kenton, Lynn: 50% – 75% of Varsity Management Company Gp, Llc × 0% – 5% direct ≈ 0% – 3.75% 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 (10, $1.4B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Varsity Healthcare Partners Ii, Lp | Private Equity Fund | $420M | $10.0M | 57 |
| Varsity Healthcare Partners Iii, Lp | Private Equity Fund | $289M | $10.0M | 38 |
| Varsity Healthcare Partners Iii A, Lp | Private Equity Fund | $189M | $10.0M | 23 |
| Varsity Healthcare Partners Iv, Lp | Private Equity Fund | $187M | $10.0M | 67 |
| Varsity Healthcare Partners Ii A, Lp | Private Equity Fund | $129M | $10.0M | 19 |
| Varsity Healthcare Partners Iv A, Lp | Private Equity Fund | $126M | $10.0M | 31 |
| Varsity Healthcare Partners Vetevolve Co Invest, Lp | Private Equity Fund | $36.9M | $10.0M | 5 |
| Varsity Healthcare Partners Beghou Co Invest, Lp | Private Equity Fund | $10.2M | $10.0M | 2 |
| Varsity Healthcare Partners Vetevolve Co Invest A, Lp | Private Equity Fund | $6.0M | $10.0M | 2 |
| Varsity Healthcare Partners Iv B, Lp | Private Equity Fund | $715K | $10.0M | 13 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 3.51 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
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: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗