1 Seed Partners Llc
- Regulatory AUM
- $704M
- Discretionary
- $704M
- Clients
- 13
- Avg AUM / client
- $54.1M
- Accounts
- 13
- Employees
- 13
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) | 13 | $704M | 100.0% |
Private funds (12)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $483M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| 1 Sp Emerging Manager U1 Lp | Real Estate Fund | Delaware | $70.4M | 4 |
| 1 Sp Emerging Manager U1 A Lp | Real Estate Fund | Delaware | $70.3M | 4 |
| 1 Sp Seeding And Strategic Capital Fund Ii Lp | Real Estate Fund | Delaware | $69.2M | 20 |
| 1 Sp Seeding And Strategic Capital Fund Ii Mw Lp | Real Estate Fund | Delaware | $66.7M | 4 |
| 1 Sp Emerging Manager U2 Lp | Real Estate Fund | Delaware | $53.9M | 5 |
| 1 Sp Real Estate Seeding Fund Lp | Real Estate Fund | Delaware | $52.6M | 7 |
| 1 Sp Ers Preem Ii Sidecar Lp | Real Estate Fund | Delaware | $38.7M | 2 |
| 1 Sp Ers Preem Ii Lp | Real Estate Fund | Delaware | $36.0M | 2 |
| 1 Sp Ers Preem Iii Lp | Real Estate Fund | Delaware | $16.8M | 2 |
| 1 Sp Ers Preem I Lp | Real Estate Fund | Delaware | $3.5M | 5 |
| Os Select, Llc | Real Estate Fund | Delaware | $2.9M | 2 |
| Mai Wealth Income And Growth Fund, Lp | Real Estate Fund | Delaware | $1.9M | 59 |
People (4)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Barrett, Joseph, A | Trustee | Feb 2004 (23y) | ≈ 0% – 5% via Joseph A. Barrett Trust U/A/D 02/27/04 | |
| Herczeg, Larissa, Florence | Trustee [And Grantor/Settlor] | Mar 2013 (13y) | ≈ 56.25% – 100% via Larissa Herczeg Revocable Trust Dated 5/31/2023 | |
| Boyle, Shane | Chief Compliance Officer | Nov 2023 (3y) | Less than 5% | |
| Kerr, Mary, Krista | Member | Nov 2023 (3y) | ≈ 7.5% – 25% via Mk Ceniza Llc |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Larissa Herczeg Revocable Trust Dated 5/31/2023 | Managing Partner | Nov 2023 | A | 75% or more |
| Mk Ceniza Llc | Managing Partner | Nov 2023 | A | 10% – 25% |
| Joseph A. Barrett Trust U/A/D 02/27/04 | Managing Partner | Dec 2023 | A | Less than 5% |
Undisclosed: 0% – 15% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Barrett, Joseph, A: 75% – 100% of Joseph A. Barrett Trust U/A/D 02/27/04 × 0% – 5% direct ≈ 0% – 5% of the firm
- Herczeg, Larissa, Florence: 75% – 100% of Larissa Herczeg Revocable Trust Dated 5/31/2023 × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Kerr, Mary, Krista: 75% – 100% of Mk Ceniza Llc × 10% – 25% direct ≈ 7.5% – 25% 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 (12, $483M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| 1 Sp Emerging Manager U1 Lp | Real Estate Fund | $70.4M | $1.0M | 4 |
| 1 Sp Emerging Manager U1 A Lp | Real Estate Fund | $70.3M | $1.0M | 4 |
| 1 Sp Seeding And Strategic Capital Fund Ii Lp | Real Estate Fund | $69.2M | $1.0M | 20 |
| 1 Sp Seeding And Strategic Capital Fund Ii Mw Lp | Real Estate Fund | $66.7M | $1.0M | 4 |
| 1 Sp Emerging Manager U2 Lp | Real Estate Fund | $53.9M | $0 | 5 |
| 1 Sp Real Estate Seeding Fund Lp | Real Estate Fund | $52.6M | $1.0M | 7 |
| 1 Sp Ers Preem Ii Sidecar Lp | Real Estate Fund | $38.7M | $1.0M | 2 |
| 1 Sp Ers Preem Ii Lp | Real Estate Fund | $36.0M | $1.0M | 2 |
| 1 Sp Ers Preem Iii Lp | Real Estate Fund | $16.8M | $1.0M | 2 |
| 1 Sp Ers Preem I Lp | Real Estate Fund | $3.5M | $1.5M | 5 |
| Os Select, Llc | Real Estate Fund | $2.9M | $1.0M | 2 |
| Mai Wealth Income And Growth Fund, Lp | Real Estate Fund | $1.9M | $1.0M | 59 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 3.86 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 it does not have 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) ↗