WCM Investment Management
Private equity with venture activity, based in Laguna Beach, California, reporting $9.9B of fund assets on its funds' Form ADV filings.
Composed from this organization's classification, location and filed figures.
2 additional team members, 25 additional investments, funds and LPs, 11 events, 1 verified contact (1 firm phone)
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- 22 vehicleson Form D, 18 months
$8.84B reported sold so far.
A Form D is filed when a vehicle takes its first money, so these are open to LPs now.
- 1 companynew in 12 months
1 new company in the last 12 months. Latest round Hadrian Series D or later ($1.37B round, led) on 6 Aug 2026.
A firm writing cheques this quarter is one a founder can pitch now.
People to know
View all people- Co-Chief Executive Officer, Director/Elected ManagerWhy: Runs the firm (chief executive or president)No route on file yet
- Co-Chief Executive Officer, Director/Elected ManagerWhy: Runs the firm (chief executive or president)No route on file yet
Relationship network
33 connected entities1 observed roundrounds 2026
From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.
- Sponsor
- Company
- Fund or vehicle
- Person
›How strength and recency are read
Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
How am I connected?
Name your firm, a company or a person, and DFX finds the published routes to WCM Investment Management: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.
See how you connect to WCM Investment Management
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
1 company on record, 1 new in 12 months
Investments on record
What these amounts mean“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Hadrian | Series D · Series D+ | lead | unknown | $1.4B | unknown | Aug 6, 2026 | Fact Press release |
Stated thesis versus observed behaviour
- Sectors
- not stated or not yet read
- Stages
- not stated or not yet read
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Team
5 current, 0 departed
Decision makers
- Mike Brady Trigg · Co-Chief Executive Officer, Director/Elected ManagerWhy this person: Runs the firm (chief executive or president); Named with investment responsibility
- Paul Russell Black · Co-Chief Executive Officer, Director/Elected ManagerWhy this person: Runs the firm (chief executive or president); Named with investment responsibility
Who else at this firm · 1 person, grouped by function
- Kurt Randal Winrich · Chairman, Director/Elected Manager Director/Elected ManagerWhy this person: Board member; Named with investment responsibility
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
Investment team
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Chairman, Director/Elected Manager Director/Elected Manager
- Co-Chief Executive Officer, Director/Elected Manager
- Co-Chief Executive Officer, Director/Elected Manager
Contacts
1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
26 vehicles, 0 LPs disclosed
Funds and vehicles
What these amounts meanGAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| WCM Partners X, LLC - Series X5, Hadrian Automation | Fund | 2026 form d first sale | Fundraising | unknown | unknown | $50.0M | Sep 17, 2026 |
| WCM Partners X, LLC - Series X1 | Fund | 2026 form d first sale | Fundraising | unknown | unknown | $49.9M | Feb 26, 2026 |
| WCM Partners X, LLC - Series X3 | Fund | 2026 form d first sale | Fundraising | unknown | unknown | $30.0M | Aug 27, 2026 |
Limited partners
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.| Allocator | Type | Fund | Amount | Date | Source |
|---|---|---|---|---|---|
| Rita Allen Foundation | FOUNDATION | WCM Focused International Opportunities Fund LP | $1.2M fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
| Offutt Family Foundation | FOUNDATION | WCM Focused Global Growth Fund LP | $5.2M fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
| Cockrell Foundation | FOUNDATION | WCM Focused International Growth Fund LP | $28.8M fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
Relationships across DFX
1 co-investors · on 4 other DFX graphs
Co-investors
- 2026-08-061 shared deal · one time · they led 1 · this firm led 1
Across DFX and the capital chainon 4 other DFX graphs · 10 capital paths ShowHide
- Sponsor-market profile (matched by same CRD)
- The same institution is held on Private Equity, RIA and Wealth, Independent Sponsors, Allocators, matched by identifier. See which records
WCM Investment Management is the same institution as 4 records in Private Equity, RIA and Wealth, Independent Sponsors and Allocators.
DFX found 4 relationships across 4 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
WCM Investment Management sits on 10 traced paths of capital across the graphs.
DFX traced 10 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Evidence and history
16 dated events, 31 observations from 2 sources
Timeline
- Sep 12, 2026WCM Select U.S. Equity Fund LP first reported on Form ADV by WCM Investment Management, GAV $10,607,664
- Sep 12, 2026WCM Partners Spv-U first reported on Form ADV by WCM Investment Management, GAV $102,237,815
- Sep 12, 2026WCM Partners Spv III LP first reported on Form ADV by WCM Investment Management, GAV $667,025,932
- Sep 12, 2026WCM Partners Spv II LP first reported on Form ADV by WCM Investment Management, GAV $65,878,027
- Sep 12, 2026WCM Partners Spv I LP first reported on Form ADV by WCM Investment Management, GAV $49,560,484
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Aug 31, 2026 · 15 private fundsShowHide
- Headquarters
- Laguna Beach, CAadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- unknown
- SEC adviser type
- Registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Aug 31, 2026
- Private funds reported
- 15 (3 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $9.9Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $97Bthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 102
- Owners on Schedule A
- Natixis Investment Managers, (Member Of Registrant), owns 10% to 25%; Thalia Street Partners LLC (Member), owns 75% or more
Classification history
Classification history
Every classification this record has carried2 on recordShowHide
- Sep 23, 2026Private equity with venture activity (probable, 75%)Registered adviser; venture funds are 18% of 15 private funds
- Sep 12, 2026Private equity with venture activity (probable, 75%)Registered adviser; venture funds are 20% of 15 private funds
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC funds reported | Aug 31, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Aug 31, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Aug 31, 2026 | Fact | Form ADV |
| First Form ADV filing | 2012-02-28 | Aug 31, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-08-31 | Aug 31, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-08-31 | Aug 31, 2026 | Fact | Form ADV |
| Adv pdf loaded | adv-pdf-1 | Sep 12, 2026 | Fact | Form ADV |
| SEC status | Approved | Aug 31, 2026 | Fact | Form ADV |
| SEC status effective | 1976-08-12 | Aug 31, 2026 | Fact | Form ADV |
| Venture share of reported funds | 0 | Aug 31, 2026 | Fact | Form ADV |
| Business phone | Aug 31, 2026 | Fact | Form ADV | |
| Employees | 102 | Aug 31, 2026 | Fact | Form ADV |
| Headquarters | Laguna Beach, CA | Aug 31, 2026 | Fact | Form ADV |
| Office address | Aug 31, 2026 | Fact | Form ADV | |
| Legal form | Limited Liability Company | Aug 31, 2026 | Fact | Form ADV |
| Other funds reported | 7 | Aug 31, 2026 | Fact | Form ADV |
| PE funds reported | 4 | Aug 31, 2026 | Fact | Form ADV |
| Private funds reported | 15 | Aug 31, 2026 | Fact | Form ADV |
| Private funds reported | 15 | Aug 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $9.9B | Aug 31, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $9.9B | Aug 31, 2026 | Fact | Form ADV |
| Regulatory AUM (adviser, not fund size) | $97B | Aug 31, 2026 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Aug 31, 2026 | Fact | Form ADV |
| Venture funds reported | 3 | Aug 31, 2026 | Fact | Form ADV |
| Venture funds reported | 3 | Aug 31, 2026 | Fact | Form ADV |
How this is scored
Scores, classification basis and filing advisersPrivate equity with venture activity, probableShowHide
Registered adviser; venture funds are 18% of 15 private funds
- importance
- gav: 0.48 · funds: 1 · people: 0.12 · investments: 0 · scale basis: Venture-typed funds only (Private equity with venture activity): 14 funds, $378M of $9.9B reported · co investors: 0
- active deployment
- investments 12m: 0.13 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-08-06
- emerging manager
- fund count: 26 · reported gav: $9.9B · first adv filing: 1976-08-12 · years since first filing: 50.1
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Fits
- score 29.3confidence 80%Why: stage fit; activity
- score 29.3confidence 80%Why: stage fit; activity
Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.
Record history
- Adviser's first ADV filing1976-08-12source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.