{ "crd_number": 135657, "slug": "anchorage-capital-group-l-l-c-new-york-ny-135657", "primary_business_name": "ANCHORAGE CAPITAL GROUP, L.L.C.", "legal_name": "ANCHORAGE CAPITAL GROUP, L.L.C.", "dbas": [], "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": "2006-01-27", "years_registered": 20, "period": "2026-10-01", "filing_date": "2026-03-30", "carried_forward": false, "raum_total": 3707574012.0, "raum_discretionary": 3707574012.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 93, "advisory_employees": 43, "client_count_bucket": null, "clients_by_type": { "state_municipal": { "raum": 155154185.0, "count": 1 }, "pooled_investment_vehicles": { "raum": 3552419827.0, "count": 37 } }, "compensation_types": [ "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": [ "DE", "NY" ], "websites": [ "https://anchoragecap.com", "https://linkedin.com/COMPANY/ANCHORAGE-CAPITAL" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/135657", "city_as_filed": "NEW YORK", "url": "https://advisorcensus.com/firm/anchorage-capital-group-l-l-c-new-york-ny-135657", "display_name": "Anchorage Capital Group, L.L.C.", "summary": "Anchorage Capital Group, L.L.C. is an SEC-registered investment advisory firm in New York, NY, registered since 2006, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.", "citation": "AdvisorCensus. Anchorage Capital Group, L.L.C. (CRD 135657): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "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 Anchorage Capital Group, L.L.C. compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Anchorage Capital Group, 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." }, { "q": "Where is Anchorage Capital Group, L.L.C. located?", "a": "Anchorage Capital Group, L.L.C.'s principal office is in New York, NY, according to its Form ADV." }, { "q": "Is Anchorage Capital Group, L.L.C. registered with the SEC or a state?", "a": "Anchorage Capital Group, L.L.C. is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 135657." }, { "q": "How much does Anchorage Capital Group, L.L.C. manage?", "a": "Anchorage Capital Group, L.L.C. reports $3,707,574,012 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary)." }, { "q": "How have Anchorage Capital Group, L.L.C.'s assets and staff changed since 2021?", "a": "In the Form ADV data for Anchorage Capital Group, L.L.C.: Regulatory assets under management: $30,599,200,518 in the October 2021 data and $3,707,574,012 in the October 2026 data, down 88%. Total employees: 162 in October 2021 and 93 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Anchorage Capital Group, L.L.C. serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (37); state or municipal government entities (including government pension plans) (1)." }, { "q": "Which custodians does Anchorage Capital Group, L.L.C. use?", "a": "Anchorage Capital Group, L.L.C.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Goldman Sachs & Co. LLC as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Anchorage Capital Group, L.L.C. 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/135657" }, { "q": "What changed in Anchorage Capital Group, L.L.C.'s recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 48 to 43. Regulatory assets under management went from $4,883,060,269 to $3,707,574,012 (-24%)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 30599200518.0, "total_employees": 162, "filing_date": "2021-05-28" }, { "period": "2022-10-01", "regulatory_assets_under_management": 32324463564.0, "total_employees": 100, "filing_date": "2022-07-01" }, { "period": "2023-10-01", "regulatory_assets_under_management": 25969886195.0, "total_employees": 89, "filing_date": "2023-08-29" }, { "period": "2024-10-01", "regulatory_assets_under_management": 6348345481.0, "total_employees": 100, "filing_date": "2024-05-30" }, { "period": "2025-10-01", "regulatory_assets_under_management": 4883060269.0, "total_employees": 105, "filing_date": "2025-05-06" }, { "period": "2026-10-01", "regulatory_assets_under_management": 3707574012.0, "total_employees": 93, "filing_date": "2026-03-30" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 48 to 43.", "Regulatory assets under management went from $4,883,060,269 to $3,707,574,012 (-24%)." ] }, { "period": "2026-02-01", "period_label": "February 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Goldman Sachs & Co. LLC", "name_as_filed": "GOLDMAN SACHS & CO. LLC", "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/anchorage-capital-group-l-l-c-new-york-ny-135657.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 37, "fewer_than_5": false, "raum": 3552419827.0 }, { "type": "state_municipal", "label": "State or municipal government entities (including government pension plans)", "count": 1, "fewer_than_5": false, "raum": 155154185.0 } ], "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/135657", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }