# Bicycle Capital

> Bicycle Capital is an SEC-registered investment advisory firm in Coconut Grove, FL, registered since 2026, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 25, 2026.

- CRD: 328090
- Filed as: BICYCLE CAPITAL
- Legal name: Bicycle Management Company, L.P.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Coconut Grove, FL
- Filing period: October 2026
- Form ADV filing dated: March 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/328090
- AdvisorCensus page: https://advisorcensus.com/firm/bicycle-capital-coconut-grove-fl-328090

## Quick answers

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

**Where is Bicycle Capital located?**
Bicycle Capital's principal office is in Coconut Grove, FL, according to its Form ADV.

**Is Bicycle Capital registered with the SEC or a state?**
Bicycle Capital is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 328090.

**How much does Bicycle Capital manage?**
Bicycle Capital reports $518,475,206 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary).

**What types of clients does Bicycle Capital serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).

**Does Bicycle Capital 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/328090

**What changed in Bicycle Capital's recent Form ADV filings?**
In the March 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: $518,475,206
- Discretionary: $518,475,206
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $518,475,206 |

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

### Firm details
- Registered since: 2026 (0 years)
- Employees: 10 total, 8 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.

### Websites listed on Form ADV (Item 1.I)
- bicycle.capital
- LinkedIn @bicycle-cap
- X @bicyclevc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | Not reported | Not reported | August 11, 2023 |
| October 2024 | Not reported | Not reported | June 21, 2024 |
| October 2025 | Not reported | Not reported | March 4, 2025 |
| October 2026 | $518,475,206 | 10 | March 25, 2026 |


## Changes in the filing (last 12 months)

### March 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. Bicycle Capital (CRD 328090): Form ADV filing data as of October 2026.