# Cable CAR Capital, LP

> Cable CAR Capital, LP is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2023, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 169234
- Filed as: CABLE CAR CAPITAL, LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Francisco, CA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/169234
- AdvisorCensus page: https://advisorcensus.com/firm/cable-car-capital-lp-san-francisco-ca-169234

## Quick answers

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

**Where is Cable CAR Capital, LP located?**
Cable CAR Capital, LP's principal office is in San Francisco, CA, according to its Form ADV.

**Is Cable CAR Capital, LP registered with the SEC or a state?**
Cable CAR Capital, LP is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 169234.

**How much does Cable CAR Capital, LP manage?**
Cable CAR Capital, LP reports $548,315,000 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Cable CAR Capital, LP's assets and staff changed since 2023?**
In the Form ADV data for Cable CAR Capital, LP: Regulatory assets under management: $206,700,000 in the October 2023 data and $548,315,000 in the October 2026 data, up 165%. Total employees: 3 in October 2023 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Cable CAR Capital, LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4).

**Which custodians does Cable CAR Capital, LP use?**
Cable CAR Capital, LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated as custodians holding 10% or more of its separately managed account assets.

**Does Cable CAR Capital, 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/169234

**Does Cable CAR Capital, LP state an account minimum?**
Its Form ADV Part 2A brochure dated March 31, 2026 says: "The minimum initial investment amount for the Funds is $200,000, subject to waiver at the sole discretion of Cable Car."

**What changed in Cable CAR Capital, LP's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 2 to 3. Regulatory assets under management went from $254,645,000 to $548,315,000 (+115%).

## 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 31, 2026)

- Account minimum: $200,000 (the brochure says it may be waived or negotiated)

> The minimum initial investment amount for the Funds is $200,000, subject to waiver at the sole discretion of Cable Car.

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Merrill Lynch, Pierce, Fenner & Smith Incorporated

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.

### Regulatory assets under management (Item 5.F)
- Total: $548,315,000
- Discretionary: $548,315,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | Fewer than 5 | $1,019,000 |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $547,196,000 |
| Corporations or other businesses not listed above | Fewer than 5 | $100,000 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2023 (3 years)
- Employees: 3 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- cablecarcapital.com
- Facebook @CABLECARCAPITAL
- LinkedIn @3552737

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $206,700,000 | 3 | April 5, 2023 |
| October 2024 | $197,987,000 | 2 | May 3, 2024 |
| October 2025 | $254,645,000 | 2 | March 28, 2025 |
| October 2026 | $548,315,000 | 3 | March 31, 2026 |

Regulatory assets under management: $206,700,000 in the October 2023 data and $548,315,000 in the October 2026 data, up 165%.
Total employees: 3 in October 2023 and 3 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 2 to 3.
- Regulatory assets under management went from $254,645,000 to $548,315,000 (+115%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Cable CAR Capital, LP (CRD 169234): Form ADV filing data as of October 2026.