Investment adviser · CRD 157899

FUNDAMENTAL ADVISORS LP

Investment adviser filing (IA)

NEW YORK, NY, United States · Form ADV filed Mar 31, 2026

Regulatory AUM: $4.09B
Client accounts: 14
Employees: 44
Advisory professionals: 27

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	14	$4,086,444,773	100.0%

Filing source

Form ADV 2084252 · Mar 31, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

21 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

FUNDAMENTAL PARTNERS IV LPHedge Fund · Last reported Mar 31, 2026$1.62BGross asset value

Form D fundraising filings

Fundamental Partners IV LP

Feeder funds

FUNDAMENTAL PARTNERS IV-A LP

Fund administrator SEI INVESTMENTS CO. OAKS, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG, LTD GEORGE TOWN, Cayman Islands

Custodian CITIZENS BANK RIVERSIDE, Rhode Island, United States Related to adviser: No

Custodian PERSHING LLC JERSEY CITY, New Jersey, United States Related to adviser: No

Marketer GALLATIN CAPITAL LLC NEW YORK, New York, United States Related to adviser: No

Marketer MORGAN STANLEY PURCHASE, New York, United States Related to adviser: No

Prime broker PERSHING LLC JERSEY CITY, New Jersey, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG, LTD
PCAOB 1655

PERSHING LLC
SEC 8-17574

GALLATIN CAPITAL LLC
CRD 124738 · SEC 8-65718

MORGAN STANLEY
CRD 149777 · SEC 801-70103

PERSHING LLC
CRD 7560 · SEC 8-17574

Fund details & source

Fund ID: 805-7645422906
Reported beneficial owners: 1,510
Minimum commitment: $10M
Form D file number: 021-371743

Form ADV 2084252 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

FUNDAMENTAL PARTNERS III LPHedge Fund · Last reported Mar 31, 2026$805MGross asset value

Form D fundraising filings

Fundamental Partners III LP

Feeder funds

FUNDAMENTAL PARTNERS III-A LP

Fund administrator SEI INVESTMENTS CO. OAKS, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG, LTD GEORGE TOWN, Cayman Islands

Custodian JP MORGAN BANK NEW YORK, New York, United States Related to adviser: No

Custodian PERSHING LLC JERSEY CITY, New Jersey, United States Related to adviser: No

Prime broker PERSHING LLC JERSEY CITY, New Jersey, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

ERNST & YOUNG, LTD
PCAOB 1655

PERSHING LLC
SEC 8-17574

PERSHING LLC
CRD 7560 · SEC 8-17574

Fund details & source

Fund ID: 805-8483491357
Reported beneficial owners: 445
Minimum commitment: $10M
Form D file number: 021-234417

Form ADV 2084252 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

FP SOLAR CONSTRUCTION FINANCE LLCHedge Fund · Last reported Mar 31, 2026$756MGross asset value

Feeder funds

FUNDAMENTAL SOLAR FINANCE (INSURANCE) LP
FUNDAMENTAL SOLAR FINANCE LP

Fund administrator SEI INVESTMENTS CO. OAKS, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG, LTD GEORGETOWN, Cayman Islands

Custodian CITIZENS BANK RIVERSIDE, Rhode Island, United States Related to adviser: No

Marketer FRONTIER SECURITIES WESTPORT, Connecticut, United States Related to adviser: No

Marketer PJT PARTNERS LP NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG, LTD
PCAOB 1655

FRONTIER SECURITIES
CRD 136102 · SEC 8-66972

PJT PARTNERS LP
CRD 171058 · SEC 8-69442

Fund details & source

Fund ID: 805-2197355052
Reported beneficial owners: 17
Minimum commitment: $0

Form ADV 2084252 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

FUNDAMENTAL SOLAR FINANCE LPHedge Fund · Last reported Mar 29, 2024$495MGross asset value

Fund administrator SEI INVESTMENTS CO. OAKS, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LLP GEORGETOWN, Cayman Islands

Custodian FIRST REPUBLIC BANK NEW YORK, New York, United States Related to adviser: No

Custodian WELLS FARGO SECURITIES, LLC CHARLOTTE, North Carolina, United States Related to adviser: No

Marketer KEEL HARBOUR CAPITAL LIMITED WESTPORT, Connecticut, United States Related to adviser: No

Marketer PJT PARTNERS LP NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG LLP
PCAOB 1655

WELLS FARGO SECURITIES, LLC
SEC 8-65876

Fund details & source

Fund ID: 805-5098969723
Reported beneficial owners: 8
Minimum commitment: $0

Form ADV 1857959 · Mar 29, 2024 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

FUNDAMENTAL EMPIRE FUND LPHedge Fund · Last reported Mar 31, 2026$479MGross asset value

Fund administrator SEI INVESTMENTS CO. OAKS, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG, LTD GEORGE TOWN, Cayman Islands

Custodian EAST WEST BANK EL MONTE, California, United States Related to adviser: No

Custodian PERSHING LLC JERSEY CITY, New Jersey, United States Related to adviser: No

Prime broker PERSHING LLC JERSEY CITY, New Jersey, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

ERNST & YOUNG, LTD
PCAOB 1655

PERSHING LLC
SEC 8-17574

PERSHING LLC
CRD 7560 · SEC 8-17574

Fund details & source

Fund ID: 805-6648463276
Reported beneficial owners: 2
Minimum commitment: $0

Form ADV 2084252 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

FUNDAMENTAL PARTNERS V LPHedge Fund · Last reported Mar 31, 2026$282MGross asset value

Form D fundraising filings

Fundamental Partners V LP

Feeder funds

FUNDAMENTAL PARTNERS V-A LP
FUNDAMENTAL PARTNERS V-A (OFFSHORE) LP
FUNDAMENTAL PARTNERS V (OFFSHORE) LP

Fund administrator SEI INVESTMENTS CO OAKS, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG, LTD GEORGETOWN, Cayman Islands

Custodian CITIZENS SECURITIES, INC. RIVERSIDE, Rhode Island, United States Related to adviser: No

Custodian PERSHING LLC JERSEY CITY, New Jersey, United States Related to adviser: No

Marketer EATON PARTNERS, LLC ROWAYTON, Connecticut, United States Related to adviser: No

Marketer GALLATIN CAPITAL LLC NEW YORK, New York, United States Related to adviser: No

Marketer MORGAN STANLEY PURCHASE, New York, United States Related to adviser: No

Marketer NEUBERGER BERMAN BD LLC NEW YORK, New York, United States Related to adviser: No

Prime broker PERSHING LLC JERSEY CITY, New Jersey, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG, LTD
PCAOB 1655

CITIZENS SECURITIES, INC.
SEC 8-48744

PERSHING LLC
SEC 8-17574

EATON PARTNERS, LLC
CRD 31170 · SEC 8-46718

GALLATIN CAPITAL LLC
CRD 124738 · SEC 8-65718

MORGAN STANLEY
CRD 149777 · SEC 801-70103

NEUBERGER BERMAN BD LLC
CRD 2908 · SEC 801-3908

PERSHING LLC
CRD 7560 · SEC 8-17574

Fund details & source

Fund ID: 805-7495160352
Reported beneficial owners: 188
Minimum commitment: $100K
Form D file number: 021-555380
Form D file number: 021-55538001
Form D file number: 021-55538002
Form D file number: 021-55538003

Form ADV 2084252 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

FUNDAMENTAL PARTNERS V (OVERFLOW) LPHedge Fund · Last reported Mar 31, 2026$26.5MGross asset value

Form D fundraising filings

Fundamental Partners V (Overflow) LP

Fund administrator SEI INVESTMENTS CO OAKS, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG, LTD GEORGETOWN, Cayman Islands

Custodian CITIZENS SECURITIES, INC. RIVERSIDE, Rhode Island, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

ERNST & YOUNG, LTD
PCAOB 1655

CITIZENS SECURITIES, INC.
SEC 8-48744

Fund details & source

Fund ID: 805-7313097225
Reported beneficial owners: 1
Minimum commitment: $0
Form D file number: 021-553184

Form ADV 2084252 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Mar 31, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

745 FIFTH AVE, 25TH FLOOR
NEW YORK, NY, 10151, United States

CRD 157899

Filing source

Form ADV 2084252 · Mar 31, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.