# Acon Equity Management L.L.C.

> Acon Equity Management L.L.C. is an SEC-registered investment advisory firm in Washington, DC, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 1, 2026.

- CRD: 159517
- Filed as: ACON EQUITY MANAGEMENT L.L.C.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Washington, DC
- Filing period: October 2026
- Form ADV filing dated: September 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/159517
- AdvisorCensus page: https://advisorcensus.com/firm/acon-equity-management-l-l-c-washington-dc-159517

## Quick answers

**How is Acon Equity Management L.L.C. compensated?**
On its Form ADV (Item 5.E, October 2026), Acon Equity Management L.L.C. reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Acon Equity Management L.L.C. located?**
Acon Equity Management L.L.C.'s principal office is in Washington, DC, according to its Form ADV.

**Is Acon Equity Management L.L.C. registered with the SEC or a state?**
Acon Equity Management L.L.C. is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 159517.

**How much does Acon Equity Management L.L.C. manage?**
Acon Equity Management L.L.C. reports $4,165,343,441 in regulatory assets under management in its Form ADV filing dated September 1, 2026 (100% discretionary).

**How have Acon Equity Management L.L.C.'s assets and staff changed since 2021?**
In the Form ADV data for Acon Equity Management L.L.C.: Regulatory assets under management: $3,212,685,335 in the October 2021 data and $4,165,343,441 in the October 2026 data, up 30%. Total employees: 37 in October 2021 and 25 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Acon Equity Management L.L.C. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (23).

**Does Acon Equity Management L.L.C. 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/159517

**What changed in Acon Equity Management L.L.C.'s recent Form ADV filings?**
In the October 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $4,165,343,441
- Discretionary: $4,165,343,441
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 23 | $4,165,343,441 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2012 (14 years)
- Employees: 25 total, 13 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: DC
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- aconinvestments.com
- LinkedIn @ACON-INVESTMENTS

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,212,685,335 | 37 | March 31, 2021 |
| October 2022 | $4,044,160,777 | 33 | March 31, 2022 |
| October 2023 | $5,050,575,785 | 30 | June 30, 2023 |
| October 2024 | $5,280,491,862 | 30 | May 9, 2024 |
| October 2025 | $5,207,579,562 | 28 | May 28, 2025 |
| October 2026 | $4,165,343,441 | 25 | September 1, 2026 |

Regulatory assets under management: $3,212,685,335 in the October 2021 data and $4,165,343,441 in the October 2026 data, up 30%.
Total employees: 37 in October 2021 and 25 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 15 to 13.
- Regulatory assets under management went from $5,207,579,562 to $4,165,343,441 (-20%).

### January 2026
- No longer registered or notice-filed in CA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Acon Equity Management L.L.C. (CRD 159517): Form ADV filing data as of October 2026.