# Xponance

Xponance is a Fund of Funds based in Philadelphia, United States.

## Overview

- **Organization type:** Fund of Funds
- **Headquarters:** Philadelphia, United States
- **Region:** North America
- **Address:** Philadelphia, PA, United States
- **Founded:** 1996
- **Assets under management:** Undisclosed
- **Website:** fisgroup.com
- **LinkedIn:** https://www.linkedin.com/company/xponance-inc

## Regulatory record

- **CRD number:** 111126
- **SEC file number:** 801-51407
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/111126

## About

Xponance is an SEC-registered investment adviser in Philadelphia, PA, registered since 1996. The firm manages $24.3 billion in assets, with $23.9 billion on a discretionary basis. It has 46 employees and 15 investment advisers.

## Sectors

- Private Equity
- Mezzanine

## People

- Tina Byles Williams — CEO & Chief Investment Officer

## Questions

### Who runs investment decisions at Xponance?

Tina Byles Williams is the CEO and Chief Investment Officer of Xponance and its parent firm, FIS Group. She founded the firm and oversees all portfolio construction and manager selection across the private equity and public markets platforms. Key-person risk is concentrated in her role, which is typical for a founder-led institutional asset manager of this size.

### What is the relationship between Xponance and FIS Group?

Xponance is the private equity fund-of-funds arm of FIS Group, a Philadelphia-based institutional investment manager. FIS Group also manages public equity and fixed-income strategies that apply a similar investment philosophy—identifying high-conviction emerging and diverse-owned asset managers. Together the two platforms serve institutional clients including public pensions, endowments, and foundations.

### Which institutional investor types typically allocate to Xponance?

The firm's client base includes public pension funds, Taft-Hartley plans, corporate retirement funds, endowments, and foundations. Many of these institutions have explicit supplier-diversity or emerging-manager mandates that align with Xponance's core investment thesis. The firm's Philadelphia base gives it proximity to a dense institutional market in the US Northeast, though its client relationships extend nationally.

### Does Xponance manage any liquid strategies as well?

Through its parent, FIS Group, the firm offers liquid strategies in public equities and fixed income that complement the private equity fund-of-funds portfolios. Both platforms share a focus on diverse and emerging managers, making a combined mandate possible for institutions that want a unified approach to manager diversity across asset classes. Xponance itself remains concentrated on private equity.

## Related profiles

- [XPND Capital](https://altss.com/profile/xpnd-capital)
- [Xponentia Capital Partners](https://altss.com/profile/xponentia-capital-partners)

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Last updated: 2026-06-03T20:00:00.000Z

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