# Brightline Capital Management, LLC

> Brightline Capital Management, LLC is an SEC-registered investment advisory firm in Miami, FL, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 9, 2026.

- CRD: 161661
- Filed as: BRIGHTLINE CAPITAL MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Miami, FL
- Filing period: October 2026
- Form ADV filing dated: March 9, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/161661
- AdvisorCensus page: https://advisorcensus.com/firm/brightline-capital-management-llc-miami-fl-161661

## Quick answers

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

**Where is Brightline Capital Management, LLC located?**
Brightline Capital Management, LLC's principal office is in Miami, FL, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Brightline Capital Management, LLC registered with the SEC or a state?**
Brightline Capital Management, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 161661.

**How much does Brightline Capital Management, LLC manage?**
Brightline Capital Management, LLC reports $346,383,104 in regulatory assets under management in its Form ADV filing dated March 9, 2026 (100% discretionary).

**How have Brightline Capital Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Brightline Capital Management, LLC: Regulatory assets under management: $147,591,285 in the October 2021 data and $346,383,104 in the October 2026 data, up 135%. Total employees: 7 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Brightline Capital Management, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2).

**Does Brightline Capital Management, 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/161661

**Does Brightline Capital Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 9, 2026 says: "Although the Funds’ minimum subscription amount is $1 million, the minimum may be waived at the General Partner’s discretion in accordance with any applicable provisions in the Fund’s governing agreements."

**What changed in Brightline Capital Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $214,675,987 to $346,383,104 (+61%). 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 9, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> Although the Funds’ minimum subscription amount is $1 million, the minimum may be waived at the General Partner’s discretion in accordance with any applicable provisions in the Fund’s governing agreements.

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

### Regulatory assets under management (Item 5.F)
- Total: $346,383,104
- Discretionary: $346,383,104
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $346,383,104 |

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

### Firm details
- Registered since: 2021 (5 years)
- Employees: 8 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT, FL, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Greenwich, CT
- New York, NY

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $147,591,285 | 7 | May 12, 2021 |
| October 2022 | $181,204,616 | 7 | January 21, 2022 |
| October 2023 | $210,769,910 | 9 | May 8, 2023 |
| October 2024 | $196,422,747 | 8 | March 13, 2024 |
| October 2025 | $214,675,987 | 7 | March 11, 2025 |
| October 2026 | $346,383,104 | 8 | March 9, 2026 |

Regulatory assets under management: $147,591,285 in the October 2021 data and $346,383,104 in the October 2026 data, up 135%.
Total employees: 7 in October 2021 and 8 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $214,675,987 to $346,383,104 (+61%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Brightline Capital Management, LLC (CRD 161661): Form ADV filing data as of October 2026.