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Butterfly Equity LP

● SEC registered since 2018CRD 284667SEC# 801-113713Beverly Hills, CA
Export (members)
Ranks #1,060 of 6,004 private fund managers by regulatory AUM.
Reg. AUM
$7.08B
Fund GAV
$7.76B
Private funds
19
Employees
36
Accounts
23
Location
Beverly Hills, CA

Butterfly Equity LP assets under management

Butterfly Equity LP is a registered investment adviser overseen by the SEC based in Beverly Hills, CA. The firm has been registered since 2018. It reports $7.1 billion in regulatory assets under management and employs 36 people. Butterfly Equity LP manages 19 private funds with combined gross assets of $7.8 billion, including Butterfly Nourish Co-Invest, LP. By regulatory assets, it ranks 1,060 of 6,004 private fund managers.

Butterfly Equity LP private funds

19 funds · $7.76B GAV
FundTypeGross assetsMin.
Butterfly Nourish Co-Invest, LPPrivate Equity$1.84B$25K
Red Admiral Fund LPPrivate Equity$1.78B$25K
Butterfly Ii-A, LPPrivate Equity$687M$25K
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Butterfly Equity LP owners & executives

4 reported
NameTitleOwnershipSince
Adam Siddiq Waglay ControlCeo, Co-Founder, And Managing PartnerOver 75%2015
Butterfly Equity LLC ControlGeneral PartnerUnder 5%2015
Peter Hsu Chung Tang ControlChief Financial Officer, Chief Compliance Officer And PartnerUnder 5%2025
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Frequently asked questions

How much does Butterfly Equity LP manage?

Butterfly Equity LP reports $7.1 billion in regulatory assets under management on its Form ADV.

How many private funds does Butterfly Equity LP manage?

Butterfly Equity LP manages 19 private funds with combined gross assets of $7.8 billion.

How many employees does Butterfly Equity LP have?

Butterfly Equity LP reports 36 employees.

Where is Butterfly Equity LP located?

Butterfly Equity LP is based in Beverly Hills, CA and has been SEC-registered since 2018.

Does Butterfly Equity LP disclose fund performance?

Butterfly Equity LP is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.

Contact & registration

Address9595 Wilshire Blvd, Suite 510, Beverly Hills, CA 90212
Phone310-409-4994
Office hours9:00 A.M To 5:00 p.m.
SEC regionLos Angeles Regional Office (LARO)
Discloses disciplinary historyNo

Regulatory AUM

$7.08B▲ 15%
Mar '25 — $6.14BApr '25 — $6.14BMay '25 — $6.14BJun '25 — $6.14BJul '25 — $6.14BAug '25 — $6.14BSep '25 — $6.14BOct '25 — $6.14BNov '25 — $6.14BDec '25 — $6.14BJan '26 — $6.14BFeb '26 — $6.14BMar '26 — $7.08BApr '26 — $7.08BMay '26 — $7.08BJun '26 — $7.08B
Mar '25Form ADV, monthlyJun '26

How this firm compares

Regulatory AUMTop 10%
Larger than 90% of 16,271 advisers
AUM vs fund managersTop 18%
Larger than 82% of 6,004 private-fund managers
Number of fundsTop 13%
More funds than 87% of fund managers
EmployeesTop 15%
More than 85% of 16,825 advisers

Assets under management

$7.08Bregulatory AUM
Discretionary $7.08B