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Breakout Capital Partners

New York, NYSEC-registered investment adviserCRD 321224

Filed as BREAKOUT CAPITAL PARTNERS · Legal name Breakout Capital Partners LP

Breakout Capital Partners 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 19, 2026.

4 years
registered since 2022
$1,198,802,599
assets under management
2 arrangements
Percentage of assets, Performance-based
None
disclosure items (Item 11)

Quick answers

From the filing

How is Breakout Capital Partners compensated?

On its Form ADV (Item 5.E, October 2026), Breakout Capital Partners 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.

Where is Breakout Capital Partners located?

Breakout Capital Partners' principal office is in New York, NY, according to its Form ADV.

Is Breakout Capital Partners registered with the SEC or a state?

Breakout Capital Partners is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 321224.

How much does Breakout Capital Partners manage?

Breakout Capital Partners reports $1,198,802,599 in regulatory assets under management in its Form ADV filing dated March 19, 2026 (100% discretionary).

How have Breakout Capital Partners' assets and staff changed since 2022?

In the Form ADV data for Breakout Capital Partners: Regulatory assets under management: $266,400,000 in the October 2022 data and $1,198,802,599 in the October 2026 data, up 350%. Total employees: 7 in October 2022 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going.

What types of clients does Breakout Capital Partners serve?

By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

Which custodians does Breakout Capital Partners use?

Breakout Capital Partners' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Citbank and J.P. Morgan Securities LLC as custodians holding 10% or more of its separately managed account assets.

Does Breakout Capital Partners 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/321224

What changed in Breakout Capital Partners' recent Form ADV filings?

In the April 2026 filing data: Added the business name EM Revival Fund GP, LLC ("Relying Adviser"). Employees performing advisory functions went from 9 to 10. Regulatory assets under management went from $610,839,012 to $1,198,802,599 (+96%).

From the Form ADV filing

Every figure below is as the firm filed it with regulators, as of October 2026.

How the firm is compensated

Item 5.E
  • A percentage of assets under your management
  • Performance-based fees

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

Fees and minimums

Form ADV Part 2A

See the firm's brochure (dated March 19, 2026) for its fees and any account minimum, on the SEC's IAPD site.

Regulatory assets under management

Item 5.F
$1,198,802,599

$1,198,802,599 as of October 2026, filing dated March 19, 2026.

Discretionary: $1,198,802,599.Non-discretionary: $0.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

Who the firm serves

Item 5.D
Pooled investment vehicles (other than investment companies and business development companies)
Clients 3 Assets $529,506,930 (44%)
Insurance companies
Clients Fewer than 5 Assets $168,858,607 (14%)
Sovereign wealth funds and foreign official institutions
Clients Fewer than 5 Assets $500,437,062 (42%)

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

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

Registration and firm details

Items 1, 2, 5
Legal name
Breakout Capital Partners LP
Also doing business as
EM REVIVAL FUND GP, LLC ("RELYING ADVISER")
Registration
SEC-registered investment adviser. Status as filed: Approved.
Registered since
2022 (4 years)
Employees
Total: 16. Performing investment advisory functions: 10.
Wrap fee program participation
No.
Custodians (Schedule D, Section 5.K(3))

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

States registered or notice-filed
1 state or jurisdiction
NY

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

Disclosures

Item 11

None Reports no disclosure items on Form ADV Item 11. View on IAPD.

Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures

Assets and staff over time

Items 5.A, 5.F
$266M 2022 $292M 2023 $616M 2024 $611M 2025 $1.2B 2026
Data periodAssets under managementEmployeesFiling dated
October 2026$1,198,802,59916March 19, 2026
October 2025$610,839,01215March 26, 2025
October 2024$616,080,48613March 28, 2024
October 2023$292,054,87613September 5, 2023
October 2022$266,400,0007July 11, 2022

Regulatory assets under management: $266,400,000 in the October 2022 data and $1,198,802,599 in the October 2026 data, up 350%.

Total employees: 7 in October 2022 and 16 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

Changes in the filing

Last 12 months
  1. April 2026
    • Added the business name EM Revival Fund GP, LLC ("Relying Adviser").
    • Employees performing advisory functions went from 9 to 10.
    • Regulatory assets under management went from $610,839,012 to $1,198,802,599 (+96%).

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.

Websites listed on Form ADV

Item 1.I
breakout-capital.com

Source: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."

Cite this page

AdvisorCensus. Breakout Capital Partners (CRD 321224): Form ADV filing data as of October 2026.
https://advisorcensus.com/firm/breakout-capital-partners-new-york-ny-321224