THE BANC FUNDS COMPANY, L.L.C.
THE BANC FUNDS COMPANY, L.L.C. of CHICAGO, IL is an SEC-registered investment adviser (CRD 106305). Regulatory assets under management: $680.4M.
Registration
- CRD: 106305
- SEC file number: 801-53866
- Type: Registered investment adviser
- Location: 150 S. WACKER DRIVE, SUITE 2725, CHICAGO, IL, 60606-3105
- Phone: 312-855-6202
- Latest filing: 2026-04-28
- Regulatory AUM: $680.4M
- Discretionary AUM: $680.4M
- Clients: 13
- Accounts: 3
Business model
Compensation: Performance, Other.
Clients served: Investment cos.
Officers, owners & control persons (4)
Disclosures (3)
| Initiated | Type | Allegations | Status | Amount |
|---|
| 2017-01-17 | regulatory | ALLEGED VIOLATIONS OF SECTION 206(4) OF THE ADVISERS ACT AND RULE 206(4)-5 THEREUNDER, WHICH MAKES IT UNLAWFUL FOR ANY INVESTMENT ADVISER REGISTERED WITH THE SEC TO PROVIDE INVESTMENT ADVISORY SERVICES FOR COMPENSATION TO A GOVERNMENT ENTITY WITHIN TWO YEARS AFTER A CONTRIBUTION TO AN OFFICIAL OF TH… | Final | $75K |
Private funds (3)
| Fund | Type | Formed | Owners | Gross asset value | Min investment |
|---|
| BANC FUND X L.P. | Private Equity Fund | Illinois | 48 | $544.1M | $49K |
| BANC FUND IX L.P. | Private Equity Fund | Illinois | 46 | $95.6M | $125K |
| TBFC FINANCIAL TECHNOLOGIES FUND L.P. | Private Equity Fund | Illinois | 17 | $40.7M | $250K |
Branch offices (1)
| City | State | Employees | Phone |
|---|
| PALM BEACH | FL | 1 | 312-855-6020 |
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