{ "crd_number": 160089, "slug": "400-capital-management-llc-new-york-ny-160089", "primary_business_name": "400 CAPITAL MANAGEMENT LLC", "legal_name": "400 CAPITAL MANAGEMENT LLC", "dbas": [ "400 CAPITAL MANAGEMENT EUROPE LIMITED (RELYING ADVISER)" ], "city": "New York", "state": "NY", "country": "United States", "cbsa_code": "35620", "metro": { "cbsa_code": "35620", "common_name": "New York", "msa_name": "New York-Newark-Jersey City, NY-NJ", "path": "/advisors/ny/new-york" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2012-03-27", "years_registered": 14, "period": "2026-10-01", "filing_date": "2026-07-01", "carried_forward": false, "raum_total": 9036083043.0, "raum_discretionary": 9036083043.0, "raum_non_discretionary": 0.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 76, "advisory_employees": 33, "client_count_bucket": null, "clients_by_type": { "other": { "raum": 1848204712.0, "count": 3, "description": "MANAGED ACCOUNT CLIENTS FOR INSTITUTIONAL INVESTORS" }, "pooled_investment_vehicles": { "raum": 7187878331.0, "count": 20 } }, "compensation_types": [ "fixed", "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_businesses_institutional", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [], "websites": [ "https://400capital.com", "https://instagram.com/400capitalmanagement", "https://linkedin.com/company/400-capital-management-llc" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/160089", "city_as_filed": "NEW YORK", "url": "https://advisorcensus.com/firm/400-capital-management-llc-new-york-ny-160089", "display_name": "400 Capital Management LLC", "summary": "400 Capital Management LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 1, 2026.", "citation": "AdvisorCensus. 400 Capital Management LLC (CRD 160089): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Fixed fees (other than subscription fees)", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients" ], "quick_answers": [ { "q": "How is 400 Capital Management LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), 400 Capital Management LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees." }, { "q": "Where is 400 Capital Management LLC located?", "a": "400 Capital Management LLC's principal office is in New York, NY, according to its Form ADV; the August 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is 400 Capital Management LLC registered with the SEC or a state?", "a": "400 Capital Management LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 160089." }, { "q": "How much does 400 Capital Management LLC manage?", "a": "400 Capital Management LLC reports $9,036,083,043 in regulatory assets under management in its Form ADV filing dated July 1, 2026 (100% discretionary)." }, { "q": "How have 400 Capital Management LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for 400 Capital Management LLC: Regulatory assets under management: $7,592,061,146 in the October 2021 data and $9,036,083,043 in the October 2026 data, up 19%. Total employees: 54 in October 2021 and 76 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does 400 Capital Management LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (20); other (3)." }, { "q": "Which custodians does 400 Capital Management LLC use?", "a": "400 Capital Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNY Mellon and J.P. Morgan Clearing Corp. as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does 400 Capital Management LLC report any disciplinary disclosures?", "a": "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/160089" }, { "q": "What changed in 400 Capital Management LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 26 to 33. Regulatory assets under management went from $10,358,462,770 to $9,036,083,043 (-13%). Changed its office addresses in London. Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 7592061146.0, "total_employees": 54, "filing_date": "2021-03-30" }, { "period": "2022-10-01", "regulatory_assets_under_management": 9115452713.0, "total_employees": 60, "filing_date": "2022-09-20" }, { "period": "2023-10-01", "regulatory_assets_under_management": 6825150517.0, "total_employees": 65, "filing_date": "2023-08-25" }, { "period": "2024-10-01", "regulatory_assets_under_management": 7122538305.0, "total_employees": 64, "filing_date": "2024-06-26" }, { "period": "2025-10-01", "regulatory_assets_under_management": 10358462770.0, "total_employees": 69, "filing_date": "2025-03-31" }, { "period": "2026-10-01", "regulatory_assets_under_management": 9036083043.0, "total_employees": 76, "filing_date": "2026-07-01" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 26 to 33.", "Regulatory assets under management went from $10,358,462,770 to $9,036,083,043 (-13%).", "Changed its office addresses in London.", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "BNY Mellon", "name_as_filed": "BNY MELLON", "affiliated": false }, { "name": "J.P. Morgan Clearing Corp.", "name_as_filed": "J.P. MORGAN CLEARING CORP.", "affiliated": false } ], "custodians_note": "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.", "markdown_url": "https://advisorcensus.com/firm/400-capital-management-llc-new-york-ny-160089.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 20, "fewer_than_5": false, "raum": 7187878331.0 }, { "type": "other", "label": "Other", "count": 3, "fewer_than_5": false, "raum": 1848204712.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/160089", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }