Investment adviser · CRD 159904
MP NEXT CAPITAL
Investment adviser filing (IA)
MILESTONE PARTNERS MANAGEMENT CO., L.P.
VILLANOVA, PA, United States · Form ADV filed Mar 31, 2026
- Regulatory AUM
- $591M Form ADV · Item 5.F
- Client accounts
- 13 Accounts, not individual clients
- Employees
- 13 Reported in this filing
- Advisory professionals
- 8 Investment advisory functions
Who they report serving
Form ADV · Item 5.DClient types and their share of reported regulatory assets.
| Client type | Clients | Regulatory assets | Share of AUM |
|---|---|---|---|
| Pooled investment vehicles | 13 | $590,682,793 | 100.0% |
Filing source
Form ADV 2081101 · 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
18 Private fundsThe count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.
PAYSNAP HOLDINGS, L.L.C.Private Equity Fund · Last reported Mar 31, 2026$15.9MGross asset value
Feeder funds
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- No
- External marketing
- Yes
CBIZ CPAS P.C.
PCAOB 199
INVICTA CAPITAL LLC
CRD 288101 · SEC 8-69923
Fund details & source
- Fund ID
- 805-1848877952
- Reported beneficial owners
- 15
- Minimum commitment
- $100K
- Form D file number
- 021-496480
Form ADV 2081101 · 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.
MILESTONE PARTNERS IV, L.P. 2Private Equity Fund · Last reported Mar 31, 2026$13.9MGross asset value
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- No
- External marketing
- Yes
GRANT THORNTON LLP
PCAOB 248
CSP SECURITIES, LP
CRD 136941 · SEC 8-67051
Fund details & source
- Fund ID
- 805-9517953283
- Reported beneficial owners
- 2
- Minimum commitment
- $5M
- Form D file number
- 021-16116601
Form ADV 2081101 · 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.
MILESTONE PARTNERS FS 3 BUYER LPPrivate Equity Fund · Last reported Mar 31, 2026$342KGross asset value
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- No
- External marketing
- Yes
GRANT THORNTON LLP
PCAOB 248
PARK HILL GROUP LLC
CRD 135898 · SEC 8-66958
Fund details & source
- Fund ID
- 805-1540447374
- Reported beneficial owners
- 7
- Minimum commitment
- $5M
Form ADV 2081101 · 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.
MILESTONE PARTNERS IV, L.P. 3Private Equity Fund · Last reported Mar 31, 2026$317KGross asset value
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- No
- External marketing
- Yes
GRANT THORNTON LLP
PCAOB 248
CSP SECURITIES, LP
CRD 136941 · SEC 8-67051
Fund details & source
- Fund ID
- 805-5296226702
- Reported beneficial owners
- 21
- Minimum commitment
- $5M
- Form D file number
- 021-161166
Form ADV 2081101 · 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.
MILESTONE PARTNERS FS 3A LPPrivate Equity Fund · Last reported Mar 31, 2026$161KGross asset value
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- No
- External marketing
- Yes
GRANT THORNTON LLP
PCAOB 248
PARK HILL GROUP LLC
CRD 135898 · SEC 8-66958
Fund details & source
- Fund ID
- 805-7823013124
- Reported beneficial owners
- 9
- Minimum commitment
- $5M
Form ADV 2081101 · 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.
MILESTONE PARTNERS FS 3B LPPrivate Equity Fund · Last reported Mar 31, 2026$69.5KGross asset value
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- No
- External marketing
- Yes
GRANT THORNTON LLP
PCAOB 248
PARK HILL GROUP LLC
CRD 135898 · SEC 8-66958
Fund details & source
- Fund ID
- 805-6074839962
- Reported beneficial owners
- 12
- Minimum commitment
- $5M
Form ADV 2081101 · 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.
MILESTONE PARTNERS III, L.P.Private Equity Fund · Last reported Sep 27, 2024$23.8MGross asset value
Form D fundraising filings
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- No
- External marketing
- No
GRANT THORNTON LLP
PCAOB 248
Fund details & source
- Fund ID
- 805-1050007054
- Reported beneficial owners
- 68
- Minimum commitment
- $1M
- Form D file number
- 021-117035
Form ADV 1903491 · Sep 27, 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.
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
797 EAST LANCASTER AVE, SUITE 200VILLANOVA, PA, 19085, United States
CRD 159904
Filing source
Form ADV 2081101 · 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.