AdvisorCensus / Financial advisors / Texas / Houston / 59 North Capital Management, LP
59 North Capital Management, LP
Filed as 59 NORTH CAPITAL MANAGEMENT, LP
59 North Capital Management, LP is an SEC-registered investment advisory firm in Houston, TX, registered since 2019, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.
Quick answers
From the filingHow is 59 North Capital Management, LP compensated?
On its Form ADV (Item 5.E, October 2026), 59 North Capital Management, LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees.
What does 59 North Capital Management, LP's brochure say about its fees?
Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: 1.5% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is 59 North Capital Management, LP located?
59 North Capital Management, LP's principal office is in Houston, TX, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).
Is 59 North Capital Management, LP registered with the SEC or a state?
59 North Capital Management, LP is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 300258.
How much does 59 North Capital Management, LP manage?
59 North Capital Management, LP reports $7,503,173,537 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).
How have 59 North Capital Management, LP's assets and staff changed since 2021?
In the Form ADV data for 59 North Capital Management, LP: Regulatory assets under management: $427,529,394 in the October 2021 data and $7,503,173,537 in the October 2026 data, up 1655%. Total employees: 4 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does 59 North Capital Management, LP serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).
Which custodians does 59 North Capital Management, LP use?
59 North Capital Management, LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets.
Does 59 North Capital Management, 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/300258
What changed in 59 North Capital Management, LP's recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $4,222,248,243 to $7,503,173,537 (+78%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: 1.5% of assets a year
The brochure's wording
The Adviser receives an annual management fee of 1.5% of assets under management. Management fees are generally collected quarterly in advance.
As stated in the firm's Form ADV Part 2A brochure dated March 31, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$7,503,173,537 as of October 2026, filing dated March 31, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
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
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2019 (7 years)
- Employees
- Total: 9. Performing investment advisory functions: 5.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- Other offices (Schedule D, Section 1.F)
-
1 other office, as of the April 2026 filing
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $7,503,173,537 | 9 | March 31, 2026 |
| October 2025 | $4,222,248,243 | 9 | March 31, 2025 |
| October 2024 | $2,474,675,710 | 6 | September 12, 2024 |
| October 2023 | $1,078,732,401 | 4 | March 29, 2023 |
| October 2022 | $641,297,769 | 4 | June 7, 2022 |
| October 2021 | $427,529,394 | 4 | March 15, 2021 |
Regulatory assets under management: $427,529,394 in the October 2021 data and $7,503,173,537 in the October 2026 data, up 1655%.
Total employees: 4 in October 2021 and 9 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Regulatory assets under management went from $4,222,248,243 to $7,503,173,537 (+78%).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.INot reported.
Source: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. 59 North Capital Management, LP (CRD 300258): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/59-north-capital-management-lp-houston-tx-300258