# Alton Road Capital, LP

> Alton Road Capital, LP is an SEC-registered investment advisory firm in Vero Beach, FL, registered since 2024, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 5, 2026.

- CRD: 332521
- Filed as: ALTON ROAD CAPITAL, LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Vero Beach, FL
- Filing period: October 2026
- Form ADV filing dated: March 5, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/332521
- AdvisorCensus page: https://advisorcensus.com/firm/alton-road-capital-lp-vero-beach-fl-332521

## Quick answers

**How is Alton Road Capital, LP compensated?**
On its Form ADV (Item 5.E, October 2026), Alton Road Capital, LP reports these compensation arrangements: fixed fees (other than subscription fees); performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Alton Road Capital, LP located?**
Alton Road Capital, LP's principal office is in Vero Beach, FL, according to its Form ADV.

**Is Alton Road Capital, LP registered with the SEC or a state?**
Alton Road Capital, LP is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 332521.

**How much does Alton Road Capital, LP manage?**
Alton Road Capital, LP reports $26,633,647 in regulatory assets under management in its Form ADV filing dated March 5, 2026 (100% discretionary).

**How have Alton Road Capital, LP's assets and staff changed since 2025?**
In the Form ADV data for Alton Road Capital, LP: Regulatory assets under management: $28,262,490 in the October 2025 data and $26,633,647 in the October 2026 data, down 6%. Total employees: 2 in October 2025 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Alton Road Capital, LP serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (1).

**Which custodians does Alton Road Capital, LP use?**
Alton Road Capital, LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Morgan Stanley as a custodian holding 10% or more of its separately managed account assets.

**Does Alton Road Capital, 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/332521

## From the Form ADV filing

### Compensation (Item 5.E)
- Fixed fees (other than subscription fees)
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- Morgan Stanley

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: $26,633,647
- Discretionary: $26,633,647
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 1 | $26,633,647 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2024 (1 year)
- Employees: 2 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $28,262,490 | 2 | February 27, 2025 |
| October 2026 | $26,633,647 | 2 | March 5, 2026 |

Regulatory assets under management: $28,262,490 in the October 2025 data and $26,633,647 in the October 2026 data, down 6%.
Total employees: 2 in October 2025 and 2 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Alton Road Capital, LP (CRD 332521): Form ADV filing data as of October 2026.