# Cion Investment Management, LLC

> Cion Investment Management, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 160386
- Filed as: CION INVESTMENT MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/160386
- AdvisorCensus page: https://advisorcensus.com/firm/cion-investment-management-llc-new-york-ny-160386

## Quick answers

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

**Where is Cion Investment Management, LLC located?**
Cion Investment Management, LLC's principal office is in New York, NY, according to its Form ADV.

**Is Cion Investment Management, LLC registered with the SEC or a state?**
Cion Investment Management, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 160386.

**How much does Cion Investment Management, LLC manage?**
Cion Investment Management, LLC reports $1,812,989,694 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have Cion Investment Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Cion Investment Management, LLC: Regulatory assets under management: $1,614,795,526 in the October 2021 data and $1,812,989,694 in the October 2026 data, up 12%. Total employees: 18 in October 2021 and 27 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Cion Investment Management, LLC serve?**
By number of clients on Form ADV Item 5.D: business development companies (1).

**Does Cion Investment Management, LLC 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/160386

**What changed in Cion Investment Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Item 11 disclosure answers changed: 0 yes answers, previously 1 (now no: 11.E(2)). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $1,812,989,694
- Discretionary: $1,812,989,694
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Business development companies | 1 | $1,812,989,694 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)

### Firm details
- Registered since: 2012 (13 years)
- Employees: 27 total, 12 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,614,795,526 | 18 | March 24, 2021 |
| October 2022 | $1,782,682,066 | 21 | March 30, 2022 |
| October 2023 | $1,871,946,518 | 20 | March 22, 2023 |
| October 2024 | $2,001,724,381 | 27 | August 26, 2024 |
| October 2025 | $1,896,359,464 | 28 | March 26, 2025 |
| October 2026 | $1,812,989,694 | 27 | March 27, 2026 |

Regulatory assets under management: $1,614,795,526 in the October 2021 data and $1,812,989,694 in the October 2026 data, up 12%.
Total employees: 18 in October 2021 and 27 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Item 11 disclosure answers changed: 0 yes answers, previously 1 (now no: 11.E(2)).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Cion Investment Management, LLC (CRD 160386): Form ADV filing data as of October 2026.