# Ascendant Capital Partners LP

> Ascendant Capital Partners LP is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2021, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated April 28, 2026.

- CRD: 306257
- Filed as: ASCENDANT CAPITAL PARTNERS LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Los Angeles, CA
- Filing period: October 2026
- Form ADV filing dated: April 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/306257
- AdvisorCensus page: https://advisorcensus.com/firm/ascendant-capital-partners-lp-los-angeles-ca-306257

## Quick answers

**How is Ascendant Capital Partners LP compensated?**
On its Form ADV (Item 5.E, October 2026), Ascendant Capital Partners LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Ascendant Capital Partners LP located?**
Ascendant Capital Partners LP's principal office is in Los Angeles, CA, according to its Form ADV; the May 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Ascendant Capital Partners LP registered with the SEC or a state?**
Ascendant Capital Partners LP is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 306257.

**How much does Ascendant Capital Partners LP manage?**
Ascendant Capital Partners LP reports $1,947,996,283 in regulatory assets under management in its Form ADV filing dated April 28, 2026 (100% discretionary).

**How have Ascendant Capital Partners LP's assets and staff changed since 2021?**
In the Form ADV data for Ascendant Capital Partners LP: Regulatory assets under management: $798,437,441 in the October 2021 data and $1,947,996,283 in the October 2026 data, up 144%. Total employees: 9 in October 2021 and 19 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Ascendant Capital Partners LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (22).

**Does Ascendant Capital Partners 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/306257

**Does Ascendant Capital Partners LP state an account minimum?**
Its Form ADV Part 2A brochure dated March 31, 2026 says: "Unless stated otherwise in the applicable governing documents, the minimum investment amount in a Fund is $1,000,000. Ascendant has the sole discretion to accept investments of a lesser amount."

**What changed in Ascendant Capital Partners LP's recent Form ADV filings?**
In the May 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

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> Unless stated otherwise in the applicable governing documents, the minimum investment amount in a Fund is $1,000,000. Ascendant has the sole discretion to accept investments of a lesser amount.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $1,947,996,283
- Discretionary: $1,947,996,283
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 22 | $1,947,996,283 |

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

### Firm details
- Registered since: 2021 (5 years)
- Employees: 19 total, 13 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the May 2026 filing
- Dallas, TX

### Websites listed on Form ADV (Item 1.I)
- [ascendantcapital.com](https://ascendantcapital.com)
- LinkedIn @ascendant-capital-partners
- X @AscendantCP

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $798,437,441 | 9 | June 29, 2021 |
| October 2022 | $795,622,392 | 10 | March 31, 2022 |
| October 2023 | $335,438,060 | 10 | July 13, 2023 |
| October 2024 | $460,508,841 | 13 | March 29, 2024 |
| October 2025 | $1,409,560,138 | 14 | July 22, 2025 |
| October 2026 | $1,947,996,283 | 19 | April 28, 2026 |

Regulatory assets under management: $798,437,441 in the October 2021 data and $1,947,996,283 in the October 2026 data, up 144%.
Total employees: 9 in October 2021 and 19 in October 2026.

## Changes in the filing (last 12 months)

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

### April 2026
- Employees performing advisory functions went from 10 to 13.
- Regulatory assets under management went from $1,409,560,138 to $1,947,996,283 (+38%).
- Changed its office addresses in Dallas, TX.

### November 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Ascendant Capital Partners LP (CRD 306257): Form ADV filing data as of October 2026.