1 Seed Partners LLC
● SEC registered since 2024CRD 329288SEC# 801-129247Chicago, IL
Ranks #3,449 of 5,974 private fund managers by regulatory AUM.
Reg. AUM
$703.5M
Fund GAV
$512.7M
Private funds
13
Employees
13
Accounts
13
Location
Chicago, IL
About 1 Seed Partners
1 Seed Partners backs emerging real estate general partners before they are well known. The firm looks for GPs with the potential to succeed across a range of real estate sectors, and structures its model so investors can share in GP economics while staying closely aligned with the managers it supports.
Summary based on the firm’s website.
1 Seed Partners LLC assets under management
1 Seed Partners LLC is an SEC-registered investment adviser based in Chicago, IL. The firm has been registered since 2024. It reports $703.5 million in regulatory assets under management and employs 13 people. 1 Seed Partners LLC manages 13 private funds with combined gross assets of $512.7 million, including 1sp Seeding and Strategic Capital Fund II LP. By regulatory assets, it ranks 3,449 of 5,974 private fund managers.
1 Seed Partners LLC private funds
13 funds · $512.7M GAV| Fund | Type | Gross assets | Min. |
|---|---|---|---|
| 1sp Seeding and Strategic Capital Fund II LP | Real Estate | $93M | $1M |
| 1sp Seeding and Strategic Capital Fund Ii-Mw LP | Real Estate | $79.9M | $1M |
| 1sp Emerging Manager U1a LP | Real Estate | $67.3M | $1M |
| 1sp Emerging Manager U2 LP | Real Estate | $64.7M | — |
| 1sp Emerging Manager U1 LP | Real Estate | $47.2M | $1M |
| 1sp Ers Preem II Sidecar LP | Real Estate | $36.9M | $1M |
| 1sp Real Estate Seeding Fund LP | Real Estate | $32.8M | $1M |
| 1sp Seeding and Strategic Capital Fund III LP | Real Estate | $30.2M | $1M |
| 1sp Ers Preem II LP | Real Estate | $28.5M | $1M |
| 1sp Ers Preem III LP | Real Estate | $25.8M | $1M |
See all 13 funds — unlock the full record.
Join to unlock · $37/mo1 Seed Partners LLC owners & executives
8 reported| Name | Title | Ownership | Since |
|---|---|---|---|
| Joseph a. Barrett Trust U/A/D 02/27/04 | Managing Partner | Under 5% | 2023 |
| Larissa Herczeg Revocable Trust Dated 5/31/2023 Control | Managing Partner | Over 75% | 2023 |
| Lawrence Joseph Korb | Chief Compliance Officer | Under 5% | 2026 |
| Mk Ceniza LLC | Managing Partner | 10-25% | 2023 |
| Shane Boyle | Chief Accounting Officer | Under 5% | 2023 |
| Joseph A Barrett Control | Trustee | Over 75% | 2004 |
| Larissa Florence Herczeg Control | Trustee [and Grantor/Settlor] | Over 75% | 2013 |
| Mary Krista Kerr Control | Member | Over 75% | 2023 |
Frequently asked questions
How much does 1 Seed Partners LLC manage?
1 Seed Partners LLC reports $703.5 million in regulatory assets under management on its Form ADV.
How many private funds does 1 Seed Partners LLC manage?
1 Seed Partners LLC manages 13 private funds with combined gross assets of $512.7 million.
How many employees does 1 Seed Partners LLC have?
1 Seed Partners LLC reports 13 employees.
Where is 1 Seed Partners LLC located?
1 Seed Partners LLC is based in Chicago, IL and has been SEC-registered since 2024.
Does 1 Seed Partners LLC disclose fund performance?
1 Seed Partners LLC is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.
Contact & registration
| Address | 155 N. Wacker Drive, Suite 1600, Chicago, IL 60606 |
| Phone | 312-847-0543 |
| Office hours | 8:30 a.m. - 5:00 p.m. |
| SEC region | Chicago Regional Office (CHRO) |
| Discloses disciplinary history | No |
Regulatory AUM
$703.5M▲ 25%
Mar '25Form ADV, monthlySep '26
How this firm compares
Regulatory AUMTop 40%
Larger than 60% of 16,369 advisers
AUM vs fund managersTop 58%
Larger than 42% of 5,974 private-fund managers
Number of fundsTop 20%
More funds than 80% of fund managers
EmployeesTop 34%
More than 66% of 16,804 advisers
Assets under management
$703.5Mregulatory AUM
Discretionary $703.5M