# Chatham Asset Management, LLC

> Chatham Asset Management, LLC is an SEC-registered investment advisory firm in Chatham, NJ, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 157517
- Filed as: CHATHAM ASSET MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chatham, NJ
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/157517
- AdvisorCensus page: https://advisorcensus.com/firm/chatham-asset-management-llc-chatham-nj-157517

## Quick answers

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

**Where is Chatham Asset Management, LLC located?**
Chatham Asset Management, LLC's principal office is in Chatham, NJ, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Chatham Asset Management, LLC registered with the SEC or a state?**
Chatham Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 157517.

**How much does Chatham Asset Management, LLC manage?**
Chatham Asset Management, LLC reports $8,271,746,913 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Chatham Asset Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Chatham Asset Management, LLC: Regulatory assets under management: $6,916,476,260 in the October 2021 data and $8,271,746,913 in the October 2026 data, up 20%. Total employees: 24 in October 2021 and 37 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Chatham Asset Management, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (18).

**Does Chatham Asset Management, LLC report any disciplinary disclosures?**
Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/157517

**Does Chatham Asset Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 30, 2026 says: "Although Chatham and/or its affiliates have the authority to accept subscriptions for lesser amounts, the minimum investment in the Chatham Funds is generally $1 million."

**What changed in Chatham Asset Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 22 to 24.

## 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 30, 2026)

- Account minimum: $1,000,000

> Although Chatham and/or its affiliates have the authority to accept subscriptions for lesser amounts, the minimum investment in the Chatham Funds is generally $1 million.

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

### Regulatory assets under management (Item 5.F)
- Total: $8,271,746,913
- Discretionary: $8,271,746,913
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 18 | $8,271,746,913 |

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

### Firm details
- Registered since: 2012 (14 years)
- Employees: 37 total, 24 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports 3 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/157517

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Chicago, IL

### Websites listed on Form ADV (Item 1.I)
- [chathamasset.com](https://chathamasset.com)
- [ctmasset.com](https://ctmasset.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $6,916,476,260 | 24 | May 17, 2021 |
| October 2022 | $8,608,297,054 | 23 | March 30, 2022 |
| October 2023 | $9,858,042,175 | 22 | June 22, 2023 |
| October 2024 | $8,920,063,830 | 22 | March 28, 2024 |
| October 2025 | $7,864,476,996 | 32 | April 29, 2025 |
| October 2026 | $8,271,746,913 | 37 | March 30, 2026 |

Regulatory assets under management: $6,916,476,260 in the October 2021 data and $8,271,746,913 in the October 2026 data, up 20%.
Total employees: 24 in October 2021 and 37 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 22 to 24.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Chatham Asset Management, LLC (CRD 157517): Form ADV filing data as of October 2026.