# Cambrian Capital Management, L.L.C.

> Cambrian Capital Management, L.L.C. is an SEC-registered investment advisory firm in Newtown Square, PA, registered since 2023, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 324623
- Filed as: CAMBRIAN CAPITAL MANAGEMENT, L.L.C.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Newtown Square, PA
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/324623
- AdvisorCensus page: https://advisorcensus.com/firm/cambrian-capital-management-l-l-c-newtown-square-pa-324623

## Quick answers

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

**Where is Cambrian Capital Management, L.L.C. located?**
Cambrian Capital Management, L.L.C.'s principal office is in Newtown Square, PA, according to its Form ADV.

**Is Cambrian Capital Management, L.L.C. registered with the SEC or a state?**
Cambrian Capital Management, L.L.C. is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 324623.

**How much does Cambrian Capital Management, L.L.C. manage?**
Cambrian Capital Management, L.L.C. reports $343,834,003 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**How have Cambrian Capital Management, L.L.C.'s assets and staff changed since 2023?**
In the Form ADV data for Cambrian Capital Management, L.L.C.: Regulatory assets under management: $328,333,003 in the October 2023 data and $343,834,003 in the October 2026 data, up 5%. Total employees: 10 in October 2023 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Cambrian Capital Management, L.L.C. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

**Does Cambrian Capital Management, L.L.C. 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/324623

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees
- Other

### Regulatory assets under management (Item 5.F)
- Total: $343,834,003
- Discretionary: $343,834,003
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $343,834,003 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2023 (3 years)
- Employees: 11 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: PA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $328,333,003 | 10 | March 30, 2023 |
| October 2024 | $331,534,003 | 11 | March 28, 2024 |
| October 2025 | $343,834,003 | 11 | March 31, 2025 |
| October 2026 | $343,834,003 | 11 | March 31, 2026 |

Regulatory assets under management: $328,333,003 in the October 2023 data and $343,834,003 in the October 2026 data, up 5%.
Total employees: 10 in October 2023 and 11 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Cambrian Capital Management, L.L.C. (CRD 324623): Form ADV filing data as of October 2026.