# 11 Capital Partners LP

> 11 Capital Partners LP is an SEC-registered investment advisory firm in Darien, CT, registered since 2020, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 23, 2026.

- CRD: 306165
- Filed as: 11 CAPITAL PARTNERS LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Darien, CT
- Filing period: October 2026
- Form ADV filing dated: March 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/306165
- AdvisorCensus page: https://advisorcensus.com/firm/11-capital-partners-lp-darien-ct-306165

## Quick answers

**How is 11 Capital Partners LP compensated?**
On its Form ADV (Item 5.E, October 2026), 11 Capital Partners LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**What does 11 Capital Partners LP's brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 23, 2026 states: Asset-based fee: 1% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is 11 Capital Partners LP located?**
11 Capital Partners LP's principal office is in Darien, CT, according to its Form ADV.

**Is 11 Capital Partners LP registered with the SEC or a state?**
11 Capital Partners LP is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 306165.

**How much does 11 Capital Partners LP manage?**
11 Capital Partners LP reports $503,527,894 in regulatory assets under management in its Form ADV filing dated March 23, 2026 (100% discretionary).

**How have 11 Capital Partners LP's assets and staff changed since 2021?**
In the Form ADV data for 11 Capital Partners LP: Regulatory assets under management: $592,324,414 in the October 2021 data and $503,527,894 in the October 2026 data, down 15%. Total employees: 6 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does 11 Capital Partners LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3); other investment advisers (1); other (1).

**Which custodians does 11 Capital Partners LP use?**
11 Capital Partners LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC as custodians holding 10% or more of its separately managed account assets.

**Does 11 Capital Partners LP report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/306165

**What changed in 11 Capital Partners LP's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 5 to 4. Regulatory assets under management went from $411,339,664 to $503,527,894 (+22%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated March 23, 2026)

- Asset-based fee: 1% to 1.5% a year (a range, as the brochure states it)

> Investors in the Funds (“ Fund Investors”) pay 11 Capital a management fee that ranges between 1% and 1.5% per annum (the “Management Fee”), based on the Fund Investor’s class of interest in the Funds.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Goldman Sachs & Co. LLC
- Morgan Stanley & Co. LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $503,527,894
- Discretionary: $503,527,894
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $234,735,381 |
| Other investment advisers | 1 | $150,716,518 |
| Other | 1 | $118,075,995 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2020 (6 years)
- Employees: 5 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- 11capitalpartners.com
- LinkedIn @11-capital-partners-lp

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $592,324,414 | 6 | March 26, 2021 |
| October 2022 | $696,104,054 | 5 | March 29, 2022 |
| October 2023 | $353,996,419 | 6 | March 29, 2023 |
| October 2024 | $399,343,369 | 6 | March 22, 2024 |
| October 2025 | $411,339,664 | 6 | March 26, 2025 |
| October 2026 | $503,527,894 | 5 | March 23, 2026 |

Regulatory assets under management: $592,324,414 in the October 2021 data and $503,527,894 in the October 2026 data, down 15%.
Total employees: 6 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 5 to 4.
- Regulatory assets under management went from $411,339,664 to $503,527,894 (+22%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. 11 Capital Partners LP (CRD 306165): Form ADV filing data as of October 2026.