Investment adviser · CRD 299210

PARADIGM OPERATIONS LP

Investment adviser filing (IA)

SAN FRANCISCO, CA, United States · Form ADV filed Jun 5, 2026

Regulatory AUM
$11.9B
Form ADV · Item 5.F
Client accounts
8
Accounts, not individual clients
Employees
61
Reported in this filing
Advisory professionals
13
Investment advisory functions

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client typeClientsRegulatory assetsShare of AUM
Pooled investment vehicles8$11,869,698,738100.0%
Filing source

Form ADV 2110957 · Jun 5, 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

4 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.

PARADIGM FUND LPHedge Fund · Last reported Jun 5, 2026$6.84BGross asset value

Form D fundraising filings

Paradigm Fund LP

Fund administrator TRIDENT FUND SERVICES, INC. ATLANTA, Georgia, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor DELOITTE & TOUCHE LLP GRAND CAYMAN, Cayman Islands
Custodian ANCHORAGE DIGITAL BANK NA SAN FRANCISCO, California, United States Related to adviser: No
Custodian BITGO TRUST COMPANY, INC. PALO ALTO, California, United States Related to adviser: No
Custodian COINBASE CUSTODY TRUST COMPANY, LLC SAN FRANCISCO, California, United States Related to adviser: No
Custodian JPMORGAN CHASE BANK, N.A. SAN FRANCISCO, California, United States Related to adviser: No
Custodian MORGAN STANLEY SMITH BARNEY LLC BOSTON, Massachusetts, United States Related to adviser: No
Custodian SILICON VALLEY BANK, A DIVISION OF FIRST CITIZENS BANK SANTA CLARA, California, United States Related to adviser: No
Prime broker ANCHORAGE DIGITAL BANK NA SAN FRANCISCO, California, United States
Prime broker COINBASE TRUST COMPANY, LLC SAN FRANCISCO, California, United States
Prime broker JPMORGAN CHASE BANK, N.A. SAN FRANCISCO, California, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

DELOITTE & TOUCHE LLP
PCAOB 1096

JPMORGAN CHASE BANK, N.A.
LEI 7H6GLXDRUGQFU57RNE97

MORGAN STANLEY SMITH BARNEY LLC
SEC 8-68191

Fund details & source
Fund ID
805-3496855257
Reported beneficial owners
130
Minimum commitment
$100K
Form D file number
021-327888

Form ADV 2110957 · Jun 5, 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.

PARADIGM ONE LPPrivate Equity Fund · Last reported Jun 5, 2026$3.25BGross asset value

Form D fundraising filings

Paradigm One LP

Feeder funds

Fund administrator TRIDENT FUND SERVICES, INC. ATLANTA, Georgia, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor DELOITTE & TOUCHE LLP SAN FRANCISCO, California, United States
Custodian ANCHORAGE DIGITAL BANK NA SAN FRANCISCO, California, United States Related to adviser: No
Custodian COINBASE CUSTODY TRUST COMPANY, LLC SAN FRANCISCO, California, United States Related to adviser: No
Custodian JPMORGAN CHASE BANK, N.A. SAN FRANCISCO, California, United States Related to adviser: No
Custodian SILICON VALLEY BANK, A DIVISION OF FIRST CITIZENS BANK SANTA CLARA, California, United States Related to adviser: No
Prime broker ANCHORAGE DIGITAL BANK NA SAN FRANCISCO, California, United States
Prime broker COINBASE TRUST COMPANY, LLC SAN FRANCISCO, California, United States
Prime broker JPMORGAN CHASE BANK, N.A. SAN FRANCISCO, California, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

DELOITTE & TOUCHE LLP
PCAOB 34

JPMORGAN CHASE BANK, N.A.
LEI 7H6GLXDRUGQFU57RNE97

Fund details & source
Fund ID
805-3618574367
Reported beneficial owners
136
Minimum commitment
$100K
Form D file number
021-421877

Form ADV 2110957 · Jun 5, 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.

PARADIGM TWO LPPrivate Equity Fund · Last reported Jun 5, 2026$1.78BGross asset value

Form D fundraising filings

Paradigm Two LP

Feeder funds

Fund administrator TRIDENT FUND SERVICES, INC. ATLANTA, Georgia, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor DELOITTE & TOUCHE LLP SAN FRANCISCO, California, United States
Custodian ANCHORAGE DIGITAL BANK NA SAN FRANCISCO, California, United States Related to adviser: No
Custodian COINBASE TRUST COMPANY, LLC SAN FRANCISCO, California, United States Related to adviser: No
Custodian JPMORGAN CHASE BANK, N.A. SAN FRANCISCO, California, United States Related to adviser: No
Prime broker ANCHORAGE DIGITAL BANK NA SAN FRANCISCO, California, United States
Prime broker COINBASE TRUST COMPANY, LLC SAN FRANCISCO, California, United States
Prime broker JPMORGAN CHASE BANK, N.A. SAN FRANCISCO, California, United States
Provider details
Annual audit
Yes
Prime brokers
Yes
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

DELOITTE & TOUCHE LLP
PCAOB 34

JPMORGAN CHASE BANK, N.A.
LEI 7H6GLXDRUGQFU57RNE97

Fund details & source
Fund ID
805-3984289771
Reported beneficial owners
85
Minimum commitment
$100K
Form D file number
021-515718

Form ADV 2110957 · Jun 5, 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.

PARADIGM GREEN FORTITUDO LPPrivate Equity Fund · Last reported Jun 5, 2026$408KGross asset value

Form D fundraising filings

Paradigm Green Fortitudo LP

Fund administrator TRIDENT FUND SERVICES, INC. ATLANTA, Georgia, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor DELOITTE & TOUCHE LLP SAN FRANCISCO, California, United States
Custodian JPMORGAN CHASE BANK, N.A. SAN FRANCISCO, California, United States Related to adviser: No
Custodian SILICON VALLEY BANK, A DIVISION OF FIRST CITIZENS BANK SANTA CLARA, California, 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

DELOITTE & TOUCHE LLP
PCAOB 34

JPMORGAN CHASE BANK, N.A.
LEI 7H6GLXDRUGQFU57RNE97

Fund details & source
Fund ID
805-1836440274
Reported beneficial owners
2
Minimum commitment
$0
Form D file number
021-408788

Form ADV 2110957 · Jun 5, 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: Jun 5, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Fixed · Performance-based

Principal office

548 MARKET STREET, SUITE 46425
SAN FRANCISCO, CA, 94104, United States

CRD 299210

Filing source

Form ADV 2110957 · Jun 5, 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.