# Carronade Capital Management, LP

> Carronade Capital Management, LP is an SEC-registered investment advisory firm in Darien, CT, registered since 2020, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 5, 2026.

- CRD: 309174
- Filed as: CARRONADE CAPITAL MANAGEMENT, LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Darien, CT
- Filing period: October 2026
- Form ADV filing dated: August 5, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/309174
- AdvisorCensus page: https://advisorcensus.com/firm/carronade-capital-management-lp-darien-ct-309174

## Quick answers

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

**What does Carronade Capital Management, LP's brochure say about its fees?**
Its Form ADV Part 2A brochure dated August 5, 2026 states: Asset-based fee: 1% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Carronade Capital Management, LP located?**
Carronade Capital Management, LP's principal office is in Darien, CT, according to its Form ADV.

**Is Carronade Capital Management, LP registered with the SEC or a state?**
Carronade Capital Management, LP is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 309174.

**How much does Carronade Capital Management, LP manage?**
Carronade Capital Management, LP reports $4,821,307,655 in regulatory assets under management in its Form ADV filing dated August 5, 2026 (100% discretionary).

**How have Carronade Capital Management, LP's assets and staff changed since 2021?**
In the Form ADV data for Carronade Capital Management, LP: Regulatory assets under management: $286,266,698 in the October 2021 data and $4,821,307,655 in the October 2026 data, up 1584%. Total employees: 6 in October 2021 and 17 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Carronade Capital Management, LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (6); other (1).

**Does Carronade Capital Management, 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/309174

**What changed in Carronade Capital Management, LP's recent Form ADV filings?**
In the September 2026 filing data: Regulatory assets under management went from $3,431,802,906 to $4,821,307,655 (+40%).

## 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 August 5, 2026)

- Asset-based fee: 1% to 1.5% a year (a range, as the brochure states it)

> The Management Fee rate ranges from 1.00% to 1.50%. The Firm, in its sole discretion, may waive or modify the Management Fee for any Investor.

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

### Regulatory assets under management (Item 5.F)
- Total: $4,821,307,655
- Discretionary: $4,821,307,655
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 6 | $4,444,628,172 |
| Other | 1 | $376,679,483 |

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

### Firm details
- Registered since: 2020 (6 years)
- Employees: 17 total, 8 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- carronade.com
- LinkedIn @64982038

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $286,266,698 | 6 | March 29, 2021 |
| October 2022 | $791,580,630 | 12 | April 30, 2022 |
| October 2023 | $1,458,804,511 | 14 | July 20, 2023 |
| October 2024 | $2,020,915,089 | 15 | May 10, 2024 |
| October 2025 | $2,985,043,275 | 15 | March 31, 2025 |
| October 2026 | $4,821,307,655 | 17 | August 5, 2026 |

Regulatory assets under management: $286,266,698 in the October 2021 data and $4,821,307,655 in the October 2026 data, up 1584%.
Total employees: 6 in October 2021 and 17 in October 2026.

## Changes in the filing (last 12 months)

### September 2026
- Regulatory assets under management went from $3,431,802,906 to $4,821,307,655 (+40%).

### April 2026
- Employees performing advisory functions went from 7 to 8.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Carronade Capital Management, LP (CRD 309174): Form ADV filing data as of October 2026.