# Bastion Management II LLC

> Bastion Management II LLC is an SEC-registered investment advisory firm in Stamford, CT, registered since 2021, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated April 17, 2026.

- CRD: 309685
- Filed as: BASTION MANAGEMENT II LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Stamford, CT
- Filing period: October 2026
- Form ADV filing dated: April 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/309685
- AdvisorCensus page: https://advisorcensus.com/firm/bastion-management-ii-llc-stamford-ct-309685

## Quick answers

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

**Where is Bastion Management II LLC located?**
Bastion Management II LLC's principal office is in Stamford, CT, according to its Form ADV; the May 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Bastion Management II LLC registered with the SEC or a state?**
Bastion Management II LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 309685.

**How much does Bastion Management II LLC manage?**
Bastion Management II LLC reports $572,736,610 in regulatory assets under management in its Form ADV filing dated April 17, 2026 (82% discretionary).

**How have Bastion Management II LLC's assets and staff changed since 2021?**
In the Form ADV data for Bastion Management II LLC: Regulatory assets under management: $151,679,819 in the October 2021 data and $572,736,610 in the October 2026 data, up 278%. Total employees: 5 in October 2021 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Bastion Management II LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (5); charitable organizations (1).

**Does Bastion Management II LLC 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/309685

**What changed in Bastion Management II LLC'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
- Other

### Regulatory assets under management (Item 5.F)
- Total: $572,736,610
- Discretionary: $472,233,340
- Non-discretionary: $100,503,270

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 5 | $472,233,340 |
| Charitable organizations | 1 | $100,503,270 |

### 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

### Firm details
- Registered since: 2021 (5 years)
- Employees: 13 total, 8 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT, MN
- 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
- Miami, FL

### Websites listed on Form ADV (Item 1.I)
- bastionmgmt.com
- mesirow.com
- mesirowfinancial.com
- Facebook @mesirowfinancial
- LinkedIn @16235632
- LinkedIn @164945
- LinkedIn @bastion-management
- LinkedIn @15226855
- X @mesirowfin
- YouTube @mesirowfinancial

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $151,679,819 | 5 | March 24, 2021 |
| October 2022 | $244,065,085 | 8 | September 14, 2022 |
| October 2023 | $368,384,892 | 8 | March 31, 2023 |
| October 2024 | $403,610,765 | 10 | March 22, 2024 |
| October 2025 | $454,975,099 | 10 | May 1, 2025 |
| October 2026 | $572,736,610 | 13 | April 17, 2026 |

Regulatory assets under management: $151,679,819 in the October 2021 data and $572,736,610 in the October 2026 data, up 278%.
Total employees: 5 in October 2021 and 13 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 7 to 8.
- Regulatory assets under management went from $454,975,099 to $572,736,610 (+26%).

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

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Bastion Management II LLC (CRD 309685): Form ADV filing data as of October 2026.