Evolution Investment Management Llc
- Regulatory AUM
- $128M
- Discretionary
- $128M
- Clients
- 6
- Avg AUM / client
- $21.3M
- Accounts
- 6
- Employees
- 4
AUM over time
Annual snapshots from Form ADV filings · as of May 19, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 6 | $128M | 100.0% |
Private funds (5)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $118M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Hic Evolution Rp I Llc | Real Estate Fund | Delaware | $38.4M | 1 |
| Hic Evolution Rp Ii Llc | Real Estate Fund | Delaware | $33.5M | 1 |
| Evolution Realty Partners Iii Llc | Real Estate Fund | Delaware | $21.2M | 42 |
| Evolution Realty Partners Ii Llc | Real Estate Fund | Delaware | $15.0M | 37 |
| Evolution Realty Partners I Llc | Real Estate Fund | Delaware | $9.9M | 35 |
People (3)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Green, Henrietta, Fiona | Chief Compliance Officer | Oct 2022 (4y) | Less than 5% | |
| Ledbetter Ii, Richard, Kent | Chief Executive Officer | Oct 2022 (4y) | ≈ 37.5% – 75% via Evolution Investment Partners Llc | |
| Wilson, James, Franklin | Chief Investment Officer | Oct 2022 (4y) | ≈ 37.5% – 75% via Evolution Investment Partners Llc |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Evolution Investment Partners Llc | Sole Member | Oct 2022 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Ledbetter Ii, Richard, Kent: 50% – 75% of Evolution Investment Partners Llc × 75% – 100% direct ≈ 37.5% – 75% of the firm
- Wilson, James, Franklin: 50% – 75% of Evolution Investment Partners Llc × 75% – 100% direct ≈ 37.5% – 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 (5, $118M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Hic Evolution Rp I Llc | Real Estate Fund | $38.4M | $500K | 1 |
| Hic Evolution Rp Ii Llc | Real Estate Fund | $33.5M | $500K | 1 |
| Evolution Realty Partners Iii Llc | Real Estate Fund | $21.2M | $250K | 42 |
| Evolution Realty Partners Ii Llc | Real Estate Fund | $15.0M | $500K | 37 |
| Evolution Realty Partners I Llc | Real Estate Fund | $9.9M | $500K | 35 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/19/2026 | 2.33 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: May 19, 2026.
View current Form ADV (SEC/IAPD) ↗