# Brahma Management LLC

> Brahma Management LLC is an SEC-registered investment advisory firm, registered since 2008, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 27, 2026.

- CRD: 146254
- Filed as: BRAHMA MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: February 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/146254
- AdvisorCensus page: https://advisorcensus.com/firm/brahma-management-llc-146254

## Quick answers

**How is Brahma Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Brahma Management LLC 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.

**Is Brahma Management LLC registered with the SEC or a state?**
Brahma Management LLC is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 146254.

**How much does Brahma Management LLC manage?**
Brahma Management LLC reports $243,589,598 in regulatory assets under management in its Form ADV filing dated February 27, 2026 (100% discretionary).

**How have Brahma Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Brahma Management LLC: Regulatory assets under management: $236,824,605 in the October 2021 data and $243,589,598 in the October 2026 data, up 3%. Total employees: 4 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

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

**Does Brahma Management LLC report any disciplinary disclosures?**
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation) and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/146254

**What changed in Brahma Management LLC's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $277,286,258 to $243,589,598 (-12%).

## 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: $243,589,598
- Discretionary: $243,589,598
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 5 | $243,589,598 |

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

### Firm details
- Registered since: 2008 (18 years)
- Employees: 4 total, 2 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/146254

### Websites listed on Form ADV (Item 1.I)
- brahmamgmt.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $236,824,605 | 4 | March 4, 2021 |
| October 2022 | $250,988,059 | 4 | March 8, 2022 |
| October 2023 | $273,769,969 | 4 | March 9, 2023 |
| October 2024 | $279,975,954 | 4 | March 13, 2024 |
| October 2025 | $277,286,258 | 4 | March 5, 2025 |
| October 2026 | $243,589,598 | 4 | February 27, 2026 |

Regulatory assets under management: $236,824,605 in the October 2021 data and $243,589,598 in the October 2026 data, up 3%.
Total employees: 4 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $277,286,258 to $243,589,598 (-12%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Brahma Management LLC (CRD 146254): Form ADV filing data as of October 2026.