{
  "crd_number": 113592,
  "slug": "cain-capital-management-lp-dallas-tx-113592",
  "primary_business_name": "CAIN CAPITAL MANAGEMENT, LP",
  "legal_name": "CAIN CAPITAL L.L.C.",
  "dbas": [
    "CAIN CAPITAL MANAGEMENT, LP"
  ],
  "city": "Dallas",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "19100",
  "metro": {
    "cbsa_code": "19100",
    "common_name": "Dallas",
    "msa_name": "Dallas-Fort Worth-Arlington, TX",
    "path": "/advisors/tx/dallas"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2002-02-25",
  "years_registered": 24,
  "period": "2026-10-01",
  "filing_date": "2026-10-01",
  "carried_forward": false,
  "raum_total": 171175266.0,
  "raum_discretionary": 171175266.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 4,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 1099079.0,
      "count": 9
    },
    "high_net_worth_individuals": {
      "raum": 147774812.0,
      "count": 4,
      "fewer_than_5": true
    },
    "pooled_investment_vehicles": {
      "raum": 22301375.0,
      "count": 11
    }
  },
  "compensation_types": [
    "fixed",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "TX"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/113592",
  "city_as_filed": "DALLAS",
  "url": "https://advisorcensus.com/firm/cain-capital-management-lp-dallas-tx-113592",
  "display_name": "Cain Capital Management, LP",
  "summary": "Cain Capital Management, LP is an SEC-registered investment advisory firm in Dallas, TX, registered since 2002, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated October 1, 2026.",
  "citation": "AdvisorCensus. Cain Capital Management, LP (CRD 113592): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "Fixed fees (other than subscription fees)",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Cain Capital Management, LP compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Cain Capital Management, LP reports these compensation arrangements: fixed fees (other than subscription fees); performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Cain Capital Management, LP located?",
      "a": "Cain Capital Management, LP's principal office is in Dallas, TX, according to its Form ADV."
    },
    {
      "q": "Is Cain Capital Management, LP registered with the SEC or a state?",
      "a": "Cain Capital Management, LP is an SEC-registered investment advisory firm, registered since 2002. Status as filed: Approved. CRD 113592."
    },
    {
      "q": "How much does Cain Capital Management, LP manage?",
      "a": "Cain Capital Management, LP reports $171,175,266 in regulatory assets under management in its Form ADV filing dated October 1, 2026 (100% discretionary)."
    },
    {
      "q": "How have Cain Capital Management, LP's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Cain Capital Management, LP: Regulatory assets under management: $133,204,365 in the October 2021 data and $171,175,266 in the October 2026 data, up 29%. 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."
    },
    {
      "q": "What types of clients does Cain Capital Management, LP serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (11); individuals (other than high net worth individuals) (9); high net worth individuals (4)."
    },
    {
      "q": "Which custodians does Cain Capital Management, LP use?",
      "a": "Cain Capital Management, LP's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Morgan Stanley as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Cain Capital Management, LP report any disciplinary disclosures?",
      "a": "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/113592"
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 133204365.0,
      "total_employees": 4,
      "filing_date": "2021-03-12"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 165692516.0,
      "total_employees": 4,
      "filing_date": "2022-04-04"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 155834102.0,
      "total_employees": 4,
      "filing_date": "2023-03-13"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 138730617.0,
      "total_employees": 4,
      "filing_date": "2024-03-11"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 164814307.0,
      "total_employees": 4,
      "filing_date": "2025-02-25"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 171175266.0,
      "total_employees": 4,
      "filing_date": "2026-10-01"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Morgan Stanley",
      "name_as_filed": "MORGAN STANLEY",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/cain-capital-management-lp-dallas-tx-113592.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 9,
      "fewer_than_5": false,
      "raum": 1099079.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 4,
      "fewer_than_5": true,
      "raum": 147774812.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 11,
      "fewer_than_5": false,
      "raum": 22301375.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/113592",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}