# Franklin Street Partners: portfolio, investments and team

> Franklin Street Partners is a hedge fund based in United States. 1 investment on record, latest Aug 2003. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/franklin-street-partners (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Franklin Street Partners

Filed with the SEC to raise a fund in Feb 2025, closing $297M. Last cheque observed Aug 2003.

Quiet New fund $297M, Feb 2025 Hedge fund

Venture Impact Investing

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 1 on record

Since the last cheque **8467** days **00** hrs **00** min **00** sec

Median round **$24M** Rounds led **0 of 1**

Pitch Franklin Street Partners

## Franklin Street Partners highlights

- 01 1 rounds on record
- 02 Mostly Venture: 100% of its rounds

## What they do

- **Type:** Hedge fund (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Impact Investing
- **Based in:** CHAPEL HILL, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **1 appearances**

- **2003** 1 round
- **Aug** **[Biolex Therapeutics](https://millionrounds.com/company/biolex-therapeutics)** Venture · US **$24M** With 11 others

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 registration **12 named**

CE **Carol Elizabeth Manzon** Managing Director of Support Services, Director i Form ADV

CL **Craig Lewis** Co-Head of Equity Strategies and Chief Strategist of Franklin Street Trust Company, the managing member i Filing they signed

CS **Craig Sullivan** Director of External Managers and Fixed Income of Franklin Street Trust, managing member of the entity. i Filing they signed

CR **Cynthia Rose Stroik** Chief Compliance Officer i Form ADV

JW **Jonathan William Reynolds** Director i Form ADV

JM **Jr. Merlin Kreiser** Managing Director of Trust Administration, Family Office and Operations i Form ADV

LM **Lori Michelle Frischer** Senior Vice President, Director i Form ADV

ME **Mary Ellen Reilly** Director i Form ADV

TR **Todd Robert Dornheggen** Vice President and Treasurer, Director i Form ADV

WR **William Robert Newell** President, Director i Form ADV

WT **William Thompson** Senior Vice President of Franklin Street Trust, managing member of the entity. i Filing they signed

WL **Wilson Lee Fite** Director i Form ADV

We also hold **13** 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

**$4.5B** assets it manages Oct 2026

**Registered** investment adviser full reporting to the SEC

- **Legal name:** Franklin Street Advisors, Inc.
- **SEC number:** CRD 106275

Funds on its Form ADV

**5** private funds, **$151M** in gross assets · filed Apr 2024

- Franklin Street Partners Manager of Managers LLC2 - Series OFIX *Multi-series fund* 23 investors $59M
- Franklin Street Partners Manager of Managers LLC2 - Series GE *Multi-series fund* 10 investors $41M
- Franklin Street Partners Manager of Managers LLC1 - Series GE *Multi-series fund* 12 investors $21M
- Franklin Street Partners Manager of Managers LLC1 - Series OFIX *Multi-series fund* 16 investors $18M
- Franklin Street Partners Manager of Managers LLC1 - Series FIX *Multi-series fund* 10 investors $12M

New fund on file

**$297M**

raised in Feb 2025

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Venture

Median round joined **$24M** the round, not its cheque

Led 0 of 1 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Aug 2003

Rounds by stage said on their site

- Venture *1*

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## Quick answers about Franklin Street Partners

### What does Franklin Street Partners invest in?

Franklin Street Partners invests most often at Venture (100% of the rounds on record), in sectors such as Impact Investing.

### How active is Franklin Street Partners?

1 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2003.

### How big are Franklin Street Partners's cheques?

The median round it joins is $24M.

### Is Franklin Street Partners investing now?

No investments in the last 12 months; the latest was in Aug 2003.

### What kind of investor is Franklin Street Partners?

Franklin Street Partners is a hedge fund based in CHAPEL HILL, United States.

### How much does Franklin Street Partners manage?

About $4.5B, as regulatory assets under management (Oct 2026).

### Has Franklin Street Partners raised a new fund?

Its latest fund filing with the SEC was in Feb 2025, reporting $297M raised.

### When was Franklin Street Partners founded?

Franklin Street Partners was founded in 1990.

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