# Blackbarn Capital Partners LP

> Blackbarn Capital Partners LP is an SEC-registered investment advisory firm in New York, NY, registered since 2022, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 20, 2026.

- CRD: 319137
- Filed as: BLACKBARN CAPITAL PARTNERS LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 20, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/319137
- AdvisorCensus page: https://advisorcensus.com/firm/blackbarn-capital-partners-lp-new-york-ny-319137

## Quick answers

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

**What does Blackbarn Capital Partners LP's brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 20, 2026 states: Asset-based fee: 1% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Blackbarn Capital Partners LP located?**
Blackbarn Capital Partners LP's principal office is in New York, NY, according to its Form ADV.

**Is Blackbarn Capital Partners LP registered with the SEC or a state?**
Blackbarn Capital Partners LP is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 319137.

**How much does Blackbarn Capital Partners LP manage?**
Blackbarn Capital Partners LP reports $1,243,878,761 in regulatory assets under management in its Form ADV filing dated March 20, 2026 (100% discretionary).

**How have Blackbarn Capital Partners LP's assets and staff changed since 2022?**
In the Form ADV data for Blackbarn Capital Partners LP: Regulatory assets under management: $139,566,444 in the October 2022 data and $1,243,878,761 in the October 2026 data, up 791%. Total employees: 6 in October 2022 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Blackbarn 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) (4).

**Does Blackbarn 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/319137

**What changed in Blackbarn Capital Partners LP's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 7 to 8. Regulatory assets under management went from $1,093,644,617 to $1,243,878,761 (+14%). 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 20, 2026)

- Asset-based fee: 1% to 1.5% a year (a range, as the brochure states it)

> The Management Fee ranges from 1% to 1.5%.

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

### Regulatory assets under management (Item 5.F)
- Total: $1,243,878,761
- Discretionary: $1,243,878,761
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $1,243,878,761 |

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

### Firm details
- Registered since: 2022 (4 years)
- Employees: 11 total, 8 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- blackbarncap.com
- LinkedIn @blackbarn-capital-partners-lp

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $139,566,444 | 6 | August 15, 2022 |
| October 2023 | $477,322,486 | 6 | March 28, 2023 |
| October 2024 | $506,312,689 | 9 | March 12, 2024 |
| October 2025 | $1,093,644,617 | 9 | March 21, 2025 |
| October 2026 | $1,243,878,761 | 11 | March 20, 2026 |

Regulatory assets under management: $139,566,444 in the October 2022 data and $1,243,878,761 in the October 2026 data, up 791%.
Total employees: 6 in October 2022 and 11 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 7 to 8.
- Regulatory assets under management went from $1,093,644,617 to $1,243,878,761 (+14%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Blackbarn Capital Partners LP (CRD 319137): Form ADV filing data as of October 2026.