United States · Investor

FFL Partners

Filed with the SEC to raise a fund in Mar 2026, closing $173M. Last cheque observed Apr 2015.

QuietNew fund $173M, Mar 2026Private equity

GrowthBuyoutHealthcareTech-enabled Services

Cheques on record
0%of best year0cheques in 12 months, 3 on record
Since the last cheque4227days00hrs00min00sec
Median round$50MRounds led0 of 3Sole investor3 rounds
Pitch FFL Partners

FFL Partners highlights

  1. 01

    3 rounds on record

  2. 02

    Mostly Growth: 100% of its rounds

  3. 03

    Sole investor in 3 rounds, median $50M

What they do

FFL Partners is a focused private equity firm specializing in two fast-growing and synergistic sectors: healthcare and tech-enabled services.From their own website
Type
Private equity
Cheque size
Not stated
Stages
GrowthBuyout
Sectors
HealthcareTech-enabled Services
Based in
San Francisco, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first3 appearances

  1. 2015

    1 round

  2. Apr
    Clarkson EyecareUndisclosedSole investor
  3. 2014

    1 round

  4. Nov
    Eyemart ExpressUSUndisclosedSole investor
  5. 2007

    1 round

  6. Apr
    JonesTradingGrowth · US$50MSole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration11 named

ASAaron Stivers MoneySenior Managing MemberiForm ADV
CACas Andrew SchnellerSenior Managing MemberiForm ADV
CHChris HarrisExecutive OfficeriFiling they signed
CAChristopher A. MastoDirector of the general partner of the general partneriFiling they signed
CAChristopher Andrew HarrisSenior Managing MemberiForm ADV
GMGregory Michael LongSenior Managing MemberiForm ADV
PAPatricia Ann NykodymChief Financial Officer / Chief Compliance OfficeriForm ADV
PNPatty NykodymChief Financial OfficeriFiling they signed
RDRajat DuggalSenior Managing MemberiForm ADV
SCSpencer Charles FleischerDirector of the general partner of the general partneriFiling they signed
TMTully M. FriedmanDirector of the general partner of the general partneriFiling they signed

We also hold 48 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$4.1Bassets it managesOct 2026
Registeredinvestment adviserfull reporting to the SEC
Legal name
FFL Partners, LLC
SEC number
CRD 156980

Funds on its Form ADV

34 private funds, $3.0B in gross assets · filed Mar 2024

  1. FFL Capital Partners V, L.P.Private equity47 investors$966M
  2. FFL Capital Partners IV, L.P.Private equity55 investors$418M
  3. FFL Parallel Fund V, L.P.Private equity21 investors$278M
  4. FFL Parallel Fund IV, L.P.Private equity37 investors$268M
  5. FFL Parallel CF, L.P.Private equity15 investors$206M
  6. FFL Capital Partners CF, L.P.Private equity47 investors$202M
  7. FFL Individual Partners V, L.P.Private equity94 investors$160M
  8. FFL Parallel Fund IV (DE), L.P.Private equity6 investors$131M
  9. FFL V NL1 Co-Investment Fund, L.P.Private equity18 investors$95M
  10. FFL V ALKU Co-Investment Fund, L.P.Private equity10 investors$61M

And 24 more on the filing.

Who backs their funds

1 LP on record in FFL Partners's funds

Committed
$200M
Funds
1
Vintages
2015

The institutions that put money into its funds, which the firm then invests in companies.Source: the pension's own report, latest Mar 2026.

What they claim to have backed

From their own portfolio page (on their website)

1 of 22 we have independently watched raise

EyemartexpressAbacustechnologyAlkuAllytechnicalApex-ivAutismlearningpartnersCommunitymedicalservicesHellopeblJanuspharmacyMedicusitMessaging and designOneseniorcareOptomiOrthodonticpartnersPerlmanclinicPioneerhoaProvalusSequoiaclinicalresearchUs-orthopartnersWaylinWellstreetnewlookvision.ca

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Quick answers about FFL Partners

What does FFL Partners invest in?

FFL Partners invests most often at Growth (100% of the rounds on record), in sectors such as Healthcare and Tech-enabled Services.

How active is FFL Partners?

3 investments on record, 0 of them in the last 12 months. The most recent was in Apr 2015.

How big are FFL Partners's cheques?

The median round it joins is $50M.

Is FFL Partners investing now?

No investments in the last 12 months; the latest was in Apr 2015.

What kind of investor is FFL Partners?

FFL Partners is a private equity firm based in San Francisco, United States.

How much does FFL Partners manage?

About $4.1B, as regulatory assets under management (Oct 2026).

Has FFL Partners raised a new fund?

Its latest fund filing with the SEC was in Mar 2026, reporting $173M raised.

When was FFL Partners founded?

FFL Partners was founded in 1997.

Raising now?

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it